Currencies and Forex Analysis & Opinion

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...

Rest of World currencies took a leg lower on Friday after reports suggested that Robert Lighthizer will likely head the next Trump administration’s trade policy. His name shouldn’t have come as a...

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...

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...

After a day dominated by the resounding success of the Republican party, FX markets today return to the more familiar territory of central bank policy meetings. These take place in the US, UK,...

CAD Surprisingly to us, the loonie is amongst the best performing G10 currencies overnight. While USDCAD is up, the pair has only risen by 0.75%, a smaller move than seen across other major currency...

The US Dollar is the world’s reserve currency and, as such, it garners a lot of attention from traders, investors, and media. Out-sized moves in the US Dollar can lead to moves in all asset classes....

The EUR/USD is feeling the effects of a holding pattern in financial markets, as traders remain hesitant to commit to specific positions. With an exceptionally tight US presidential race, many are...

CAD While loonie traders, like everyone else, will be keeping a close eye on the outcome of the US elections, they also have the Bank of Canada’s summary of deliberations to contend with today....

Within 24 hours we may or may not know the identity of the 47th president of the United States, but FX options markets have priced in a respectful level of exceptionally high volatility over the...

USD Trump trades are front of mind this morning, with election day set for tomorrow and several notable polls released over the weekend. Specifically, high-quality polls from NYT/Siena surveying all...