Currencies and Forex Analysis & Opinion

The U.S. dollar faces uncertainty with elections and Fed decisions ahead. Key support at 104 will be vital for the dollar's direction amid rising volatility. Election outcomes could significantly...

Markets are seemingly scaling back from a few Trump trades, and we suspect the next two days can see some abnormal swings in US Dollar crosses due to tighter volatility conditions ahead of a closely...

I am not exaggerating when I tell you that I get hundreds of emails a day from forex traders asking me why didn’t this trade work out, why didn’t this trade work out and it is constantly the same...

USD This afternoon’s jobs report is the final tier-one data print ahead of the US elections. Due at 12:30 GMT, today’s data is widely expected to show a sharp slowdown in job gains in October, with a...

USD The dollar slipped on Wednesday, with the DXY index falling 0.2%. This move lower for the greenback was helped by US Q3 GDP modestly undershot expectations. Having expected to see the economy...

It’s been busy in FX markets with surprisingly strong 3Q growth in Europe and an aggressive tax-and-spend budget from the UK Labour government. Eurozone rates and the EUR/USD could stay more...

Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...

The GBP/USD was a touch higher on Tuesday after it managed to rebound on the back of a firmer risk tone on Monday. That followed Israel’s limited response in Iran at the weekend, raising hopes that...

Key U.S. and eurozone data could set the tone for EUR/USD ahead of the election. Fed's rate decision and GDP updates may drive volatility in the currency pair. Traders should brace for big moves, as...

The proximity to the US election can favour more deleveraging in FX, raising risks that less liquid currencies will face the pressure reserved for Trump-risk proxies. The US macro calendar picks up...

CAD Domestically, August GDP is the major event of note for Canadians this week. That said, events south of the border should be just as consequential if not more so for the loonie. In particular,...

It looks like Donald Trump is edging ahead in opinion polls – although the outcome of next week’s election remains a toss-up given the polling margin of error. Financial markets, however, seem to be...

CAD The loonie spent much of yesterday’s trading playing catch up. As we noted following Wednesday’s BoC decision, the combination of commentary and Bank forecasts was much more dovish than it seemed...

The US dollar lost some ground yesterday on a correction lower in Treasury yields, but upside risks from the US election persist. Donald Trump’s seemingly stronger momentum should translate to higher...