Currencies and Forex Analysis & Opinion

DXY fell to 100.7 after shifting expectations for a 50 basis point Fed cut Volatility is expected this week due to reduced liquidity and geopolitical risks The Fed’s decision on rate cuts will be...

CAD The loonie once again struggled to match price action across other G10 currencies on Thursday. USDCAD traded sideways, perhaps surprisingly given the rally for both oil and equities. That said,...

EUR/USD tests key support at 1.10 ahead of ECB rate decision. Dollar rebounds as market adjusts Fed rate cut expectations. We will discuss key technical levels to watch ahead of ECB and PPI. For...

CAD Despite the upside surprise to US core CPI, the loonie made headway through yesterday’s session. USDCAD finished Tuesday’s trading down 0.25%, almost entirely reversing Monday’s price action....

The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate. The EUR/USD managed to rebound a touch after...

CAD Yesterday saw USDACD rising through 1.36, with the loonie hitting a three-week low against the dollar. This slide came as falls for both oil and equities conspired to weigh on CAD given the...

USD/JPY struggles near 142 after weaker-than-expected economic data from Japan. The downtrend in GDP and inflation data raises doubts about further BoJ rate hikes. Watch for a potential decline to...

CAD Friday saw the loonie finishing the week in retreat, helped by an inconclusive US jobs report and a concurrent set of domestic readings that broadly skewed dovish. Net employment rose by 22.1k,...

CAD The Canadian dollar has been a notable underperformer this week – unchanged against the greenback – with only Antipodean FX turning in softer results amongst the G10 FX complex. Even so, this...

EUR/USD traders are eyeing crucial U.S. economic data due tomorrow. The pair found support around 1.105 this week after hitting a yearly high in August. A break above a key resistance could push the...

CAD As expected, the BoC cuts rates by 25bp in their latest policy decision, announced yesterday. Similarly in line with expectations, BoC Governor Macklem ran back commentary from July suggesting...

CAD A BoC rate decision should be the main event for loonie traders today, with an announcement due at 14:45 BST. Anything other than a 25bp cut would be a major surprise. Instead, all attention will...

The USD/CAD faces a big test this week, for not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada. Meanwhile, we will...

Silver is testing a pivotal support zone. If this level holds, it could present a dip-buying opportunity for traders. However, a breach of that level could signal further downside. For less than $8...