Currencies and Forex Analysis & Opinion

CAD Having briefly spiked through 1.39 early morning, USDCAD traded lower on Monday in the wake of the broad dollar’s selloff. The key dynamic for the pair today, like much of the G10 FX complex, is...

Rising US unemployment and recession fears have weakened the US dollar. The EUR/USD pair is nearing the key 1.10 level, poised for potential gains. Economic data and a potential Fed rate cut could...

CAD While Friday’s Canadian jobs report is the key domestic event of note, until then, cross-asset dynamics are likely to be in the driving seat for USDCAD. On this point, neither of the loonie’s two...

CAD US recession risks saw USDCAD climb through Thursday trading, a move that ultimately saw the loonie giving up 0.5% against the greenback. Moreover, given the continued risk-off mood visible...

CAD While most eyes were on the Fed yesterday, Canadian GDP data for May proved much more informative for USDCAD traders, seeing the pair fall 0.3%. The data showed that the economy grew by 0.2% MoM,...

The EUR/USD pair will remain in focus heading into the second half of Wednesday’s session and the week. This morning's stronger-than-expected Eurozone CPI release has made a potential September rate...

CAD The slow grind higher for USDCAD continued to start the week. Despite a lack of domestic catalysts from either the US or Canada, a risk-off tone on Monday helped the loonie to slide a further...

The big question for FX markets is whether July’s sharp correction is over. We think events tomorrow (Bank of Japan and Fed meetings) will have a big say. Before then, US JOLTS and consumer...

This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...

The US dollar has been consolidating sideways as global risk appetite improves. Currently, the greenback is looking for a direction, and NFPs could prove a catalyst. Weaker-than-expected data could...

CAD The loonie should take more of a back seat this week, with central bank meetings in the US, UK, and Japan in focus for traders, though given the market bias to continue pricing BoC easing...

Tourists are flooding into Japan this year because currency values matter to every day people whether they regularly follow exchange rates or not. Here's my travel report from Japan, its economy and...

CAD The loonie continued to track lower against the dollar on Thursday, in line with our call for the pair. All told, we think current valuations better reflect Canadian fundamentals, having spent...

The Turkish Lira has shown resilience against the US Dollar, trading near the 33 level. Factors such as the Central Bank of Turkey's tightening policy and Moody's credit rating upgrade have...