Currencies and Forex Analysis & Opinion

A combination of factors are contributing to the strong dollar, and with geopolitical risks on the rise, we believe it may be risky to try and pick a bottom in EUR/USD just yet. Incidentally, PMIs...

CAD Industrial production data, published today, and retail sales tomorrow, are the two Canadian releases of note before the weekend. Even so, neither should prove hugely consequential for the loonie...

Traders this week has been about capitalizing on the Great British pound. This content was originally published by our partners at Simply Forex.

FX markets continue to consolidate after recent volatility, but no one wants to unwind their long dollar positions. Equally, the threat of escalation in Ukraine plus more soft European PMI numbers...

CAD Despite our expectations, yesterday’s Canadian CPI print managed to surprise to the upside. While the headline beat was marginal, the fact that core-median and core-trim inflation rose by more...

The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...

CAD Given the light data calendar elsewhere, the major focus for today should be Canadian CPI. Markets expect a 2.0% YoY headline reading, with both core-median and core-trim a little higher at 2.4%....

Quotes GBP/USD defend important support in the 1.26 region Bank of England is ready to continue interest rate cuts UK economy clearly out of breath Get ready for massive savings on InvestingPro this...

CAD Arguably the most interesting release of the week in our eyes – Canadian CPI data – is set for release tomorrow. Markets expect to see a rebound in headline inflation, with both core-median and...

The US dollar is surging—how high can it go? Is this unstoppable growth or a bubble about to burst? Discover the 5 key factors fueling this rally!

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

We are entering a period of calm in US macro news. This means that it’s mostly up to any positioning readjustment to keep the US dollar from rallying further. Growing focus will be on the eurozone...

CAD Out of all G10 currencies, the loonie has perhaps been the most interesting to us post-US elections. Market inclination to trade the loonie as a greenback-lite expression has kept USDCAD price...

The US dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any USD-negative catalyst. Yesterday, Fed Chair Powell emphasised the...