Currencies and Forex Analysis & Opinion

CAD USDCAD rose once again on Thursday as markets continued to digest the BoC decision from earlier in the week. That said, the news that really caught our eye overnight was a suggestion that Canada...

The US dollar is largely holding onto gains as this week’s US inflation data has come in on the firm side and kept USD rates supported. EUR/USD bears have also survived the ECB test, where Christine...

CAD A BoC policy decision was the second of two major events yesterday, seeing the Governing Council ease by 50bps to take the policy rate to 3.25%. Admittedly this was a larger move than our...

Welcome to Simply Forex - Japanese Yen let's take a look This content was originally published by our partners at Simply Forex.

As year-end fast approaches, central banks make their final monetary policy adjustments. Canada delivered a 50bp rate cut yesterday, while Brazil delivered a 100bp hike – because fiscal policy is too...

CAD While US inflation data is likely to capture headlines today, the BoC is also set to deliver a policy decision – one that we will be paying close attention to this afternoon. Markets currently...

CAD After spending much of Monday morning grinding lower, USDCAD ultimately ended the day up just a touch. This move higher for the pair comes as markets continue to weigh the odds of a 25bp versus...

EUR/USD traders eye critical resistance at 1.06, with central bank decisions looming. A deeper ECB rate cut could trigger a sharp decline, testing this year's lows near 1.0350. Watch for surprises...

CAD The BoC’s Wednesday meeting is the main event this week for loonie traders. Sell-side consensus expects to see a 50bp cut by a 2-1 margin, while swap markets assign this outcome at a 90%...

Welcome to Simply Forex - the weekly forecast This content was originally published by our partners at Simply Forex.

All eyes are on this week's CPI report, which could reshape the dollar's trajectory. Geopolitical uncertainty and global central bank moves add to the greenback's challenges. Key technical levels...

"Little reason to leave the US dollar now" After a brief sell-off on Friday’s US jobs report, the dollar has returned bid. Helping that trend is geopolitics (Korean markets remain unsettled) and a...

CAD While labour market data from the US should be the main focus for traders this afternoon, the counterpart Canadian report should not be overlooked. We expect to see a sharp contrast between the...

The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably sees less than 200k as a...