Currencies and Forex Analysis & Opinion

How the weak Japanese Yen is changing how Japanese firms do business. Here are my on-the-ground reports from Japan

The US dollar dipped after Biden dropped out of the re-election race. This political shift has increased market uncertainty, affecting the US dollar and boosting safe-haven assets like gold. In this...

CAD The BoC’s Wednesday rate decision is front and centre for the loonie this week. As we have pointed out previously, a combination of soft domestic growth, an unwinding labour market, and inflation...

CAD This afternoon’s retail sales data marks the last major data release before the BoC announces its rate decision next week. That said, we doubt it can do anything to derail the prospect of a cut...

CAD The Canadian data calendar takes a breather following Tuesday’s inflation data, with retail sales on Friday the only other release of note for the week. This should keep the CAD trading at the...

The EUR/USD poked its head above the June high to approach 1.0950, reaching its best level since March. The US dollar has weakened further despite the release of mixed-bag US data this week, with...

CAD Yet more evidence of the Canadian economy’s ongoing struggles saw the loonie on the back foot to start the week, with USDCAD rising by 0.3pp on Monday as a result. Specifically, the Bank of...

EUR/USD's 1.09 breakout remains likely ahead of the Eurozone CPI and ECB decision. Right now, the pair is in an uptrend. Eventually, it will attempt to break out above 1.09 once again. Unlock...

The dollar has weakened on disinflation data, pushing EUR/USD towards resistance at $1.09. Today's PPI data could impact rate cut expectations; continued disinflation could increase the...

CAD While the rest of the G10 complex traded on the front foot yesterday, the loonie was a notable laggard. Not only did softer than expected US price growth, and the prospect of looser Fed policy,...

CAD A positive session for equities saw the loonie finish Wednesday training in the green, notching gains of just over one-tenth against the dollar in spite of the barren data calendar. Today, all...

Ahead of Thursday’s release of US CPI, the US dollar has been in a holding pattern so far this week after dropping last week following the publication of mostly weaker US data. The weaker dollar last...

CAD A light data calendar saw USDCAD trade in a tight range once again on Tuesday, with neither cross-asset dynamics nor Chair Powell’s testimony in Congress offering much direction for the pair...

CAD Monday saw USDCAD trading in a very narrow 0.15pp range with a blank data calendar and mixed cross asset conditions offering little direction for the pair. Similarly, a lack of domestic data...