Currencies and Forex Analysis & Opinion

CAD After bottoming out just north of 1.40 last week, USDCAD has clawed back some ground, trading in the mid-1.42’s as Europe begins to come online this morning. We think the pair has further to go...

The markets are in chaos! Trump’s tariffs, China’s retaliation, and global uncertainty have sent indices crashing, oil breaking key levels, and gold defying traditional correlations. In this video,...

With no sign yet of a U-turn from Trump on tariffs, equity markets remain under heavy pressure. For FX, the flight to safety seeks those liquid currencies with large current account surpluses,...

CAD The Canadian dollar had a solid trading session on Thursday, rising 1% against the greenback. Even so, this is less impressive than other G10 counterparts – a little surprising given that Canada...

Global equity markets - especially US equity markets - have been hit hard by President Trump's aggressive 'reciprocal' tariffs. Corporate America is suffering as Trump starts to rewire the global...

AUD underperforms on Liberation Day as risk sentiment dives. US hits China with additional 34% tariff, overshadowing Australia’s lighter treatment. EUR/AUD breaks out, eyes 1.7800; GBP/AUD nears...

The GBP/USD pair climbed to 1.3064 on Thursday, marking a 2.46% gain over the past four weeks and a 2.87% increase against the US Dollar over the last 12 months. The British pound continues to...

The 2.5% drop in CNH/JPY overnight probably best encapsulates the fallout from Liberation Day. True to his promise, Donald Trump heavily tariffed those countries he felt responsible for the US goods...

USD/CHF breaks below 0.8760, now seen as resistance Correlation with U.S. yield spreads near perfect in March quarter RSI and MACD favour further downside Key U.S. payrolls, ISM data could drive the...

CAD Somewhat to our surprise, the loonie was one of the big winners from yesterday’s trading session. USDCAD slipped from just shy of 1.44 to finish the day just north of 1.43. Granted, a rally in...

High-beta currencies have rallied overnight, perhaps indicating that the US will opt for a flat rate over country-specific tariffs, which could be seen as slightly more lenient. But it’s also been...

CAD Unsurprisingly, the loonie traded under pressure to start the week. With tariff risks front and centre, long USDCAD remains a market favoured FX expression for import levy concerns. Even so, with...

The market focuses on "Liberation Day" while EUR/USD corrects from prior demand. White House tariff announcements have led to market uncertainty and caution. Higher PCE inflation could strengthen...

The US dollar started the week on the front foot thanks to some defensive positioning ahead of tomorrow’s tariff announcement. Barring data disappointment (JOLTS and ISM manufacturing), there is a...