Currencies and Forex Analysis & Opinion

Let's take a look at the dollar reaction after those CPI figures This content was originally published by our partners at Simply Forex.

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be...

CAD The Canadian dollar continued to trade near multi-year lows on Tuesday, hampered by political uncertainty at home and fears of new US tariffs under the soon-to-be-seated administration. With a...

The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In...

The EUR/USD managed to bounce back along with all risk assets after hitting a new multi-year low sub 1.02 handle on Monday. The single currency managed to rise a little further on Tuesday, at the...

CAD With Canada at a political crossroads and damaging tariffs highly likely it is no wonder that USDCAD is trading at levels only seen twice in the last 10 years. There are no data releases of note...

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

CAD USDCAD extended its recent strength during Asian trading hours on Monday. The potential US trade tariffs has recently dragged CAD lower against USD, its biggest trading partner. However, the...

US dollar keeps gaining strength amid solid economic data and inflation concerns Right now, the market is eyeing key inflation reports this week to determine the Fed's next move. Meanwhile, the...

Friday's strong US jobs release has provided another leg higher for the US Dollar. It is hard to see the dollar trend changing this week given the prospect of another strong set of US inflation data,...

CAD It is not just the US that is due to receive a jobs report today. Canada is also set to see a new round of labour market data. Unlike the counterpart US readings, however, we expect prints north...

The British pound tumbled to its lowest level since late 2023 on Thursday as a perfect storm of economic challenges and market skepticism threatens to undermine the UK’s financial stability. The...

CAD In line with the greenback strength seen on Wednesday, USDCAD once again tested 1.44 before easing back through the evening. That said, given our call for further dollar upside, we think it is...

Welcome to Simply Forex - Traders today it's all about taking profit from the weak British pound This content was originally published by our partners at Simply Forex.