Currencies and Forex Analysis & Opinion

The first trading day of the year brought fresh pressure on European currencies. There is now a considerable risk premium being built into EUR/USD, and we suspect that both protectionism and the...

The week of Christmas is typically a snooze fest in the forex world. With many institutional traders enjoying their eggnog and holiday cookies, market liquidity is thin, and trading ranges are...

Raiders, any chart pattern you've ever used, seen, or maybe been taught is useless. This content was originally published by our partners at Simply Forex.

CAD The loonie pared back some post-Fed losses through Thursday trading. Even so, USDCAD remains elevated, hovering around 1.44 as markets begin to wind down for Christmas. Unlike some other currency...

CAD USDCAD took yet another leg higher on the FOMC’s latest policy decision, with the pair shooting through 1.44 overnight. While the move has moderated somewhat this morning, the loonie is still...

Traders on the back of the FED This content was originally published by our partners at Simply Forex.

CAD Despite a modest undershoot for all-items inflation in October, we are inclined to see yesterday’s CPI report as a non-event for the BoC. Readings largely matched expectations, with marginal...

We expect the Federal Reserve to deliver a consensus 25bp cut on Wednesday, but also to scale back on guidance for rate cuts next year. We think this will allow the US dollar to stay firm into...

CAD The loonie continues to test new lows this morning following news that Finance Minister Chrystia Freeland is set to resign. The announcement leaves Justin Trudeau’s government on the brink of...

GBP/USD traders face a critical week as central bank decisions could jolt the pair out of its range. Inflation data and GDP reports add another layer of intrigue, setting the stage for potential...

US Dollar has continued to buck seasonal depreciating trends thanks to a still-high short-term swap rate. We expect a wait-and-see approach today ahead of the last key central bank events of the year...

CAD The Canadian Dollar (CAD) has been under pressure recently following last weeks decision by the Bank of Canada (BoC) to ease its monetary policy aggressively. The BoC slashed its borrowing rates...

Welcome to Simply Forex Weekly Forex Forecast This content was originally published by our partners at Simply Forex.

The Fed’s next move could define the dollar’s path as economic data supports a resilient US economy. Global risks and Trump’s policies may further boost the dollar’s strength in the near...