Currencies and Forex Analysis & Opinion

Traders - We're going to take a deep dive This content was originally published by our partners at Simply Forex.

Markets were quick to buy US Dollar after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is...

CAD The loonie continues to outperform post-election, with USDACD still shy of the 1.40 level. Indeed, market bias still appears to favour treating the loonie as a dollar-lite expression, rather than...

So far this week, the FX markets have continued to head in the same direction of dollar strength following last week’s US election results. The dollar is strengthening amid expectations for a higher...

The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the...

CAD After an initial post-election reaction that we felt was at odds with fundamentals, the subsequent USDCAD rally better reflects the risks facing the loonie in our view. Even so, a 0.7% climb for...

As the dust settles after last week’s US election results, global markets are settling into core trades of a firmer US dollar, higher US equities and higher terminal rate from the Fed. Importantly in...

CAD The loonie continues to trade relatively rangebound against the dollar, in contrast to other G10 FX pairs. That said, it is a little surprising to us that trade risks do not weigh more heavily on...

In a world where the US Dollar still makes the world go round, it’s vitally important that investors pay attention to potential pivot points for the buck. There’s a reason why we call it King...

CAD After sliding through Thursday trading, USDCAD has begun to grind higher this morning. To us this makes sense, given not just US rate expectations, but also the risks posed by Canadian jobs data...

If anyone was expecting the US election result and UK budget to significantly impact the Fed and BoE policy message, they were let down by two consensus 25bp cuts and rather balanced guidance. In FX,...

The Japanese Yen has been weak versus the US Dollar over much of the past 2 years. However, that trend could be coming to an end if today’s chart pattern continues to play out. Today, we look at a...

CAD The loonie finished at the top of the G10 pack yesterday, and was outperformed by only TWD, BRL, and MXN amongst the majors. The last two of these actually posted outright gains against the...

We are revising our EUR/USD forecast lower following the Republican clean sweep. We assume that Trump will go ahead with both tax cuts and protectionism, with the latter triggering a dovish ECB...