Currencies and Forex Analysis & Opinion

Weak U.S. data from last week led to a drop in the US dollar. At the same time, the Fed's more moderate messaging increased expectations of a September rate cut. The dollar index now faces critical...

CAD After a busy week just gone, loonie traders look set for a quieter data calendar coming up, with no major data prints scheduled out of Canada for this week. Even so, we are still inclined to...

CAD Despite an alarming slide in yesterday’s June PMIs, the loonie posted a 0.2% gain against the dollar, propelled by a rally in global equities and a broad improvement in risk conditions. That...

As expected, the Polish MPC has left interest rates unchanged. The message coming from the MPC is increasingly hawkish. Polish zloty is back on the path of strengthening against the US dollar and...

Will the July nonfarm payrolls report disappoint, sending the US dollar lower? Let's take a look at what the signal is from the other labor market indicators are telling us

CAD While today’s PMI numbers should add further confirmation that the Canadian economy remains weak, it is tomorrow’s jobs report that is key for the Bank of Canada. Admittedly, markets do expect to...

This week is a pivotal one for GBP/USD and EUR/USD, with political events in the UK and France coupled with significant US economic data releases. Traders should stay alert to developments and be...

CAD Despite a holiday disrupted Monday due to Canada Day, USDCAD still posted gains of almost 0.5% to start the week, with the upwards impetus coming from a soft set of ISM manufacturing PMIs south...

Fed, ECB speeches - as well as Fed minutes - will guide the US dollar's direction in the first week of H2 French elections may increase EUR/USD volatility Key support for the DXY is 106, with...

CAD Even as political risks in Europe dominate market thinking to start the week, Canadian jobs data on Friday should not be overlooked. This week’s jobs report is the final labour market print...

In this video, we look at very long-term charts to see where the next stop for USD/JPY could be if the rally continues.

In this new video, I discuss how to Choose the Best Forex Pairs to trade

CAD After May’s inflation data surprised to the upside, the April GDP reading released later today is likely to be key for Bank of Canada expectations, and specifically, the prospect of the Governing...

CAD Looking back over the week so far, USDCAD price action has failed to tell the story of the key events in Canada. Most significantly, despite a hotter than expected CPI reading on Tuesday taking a...