Currencies and Forex Analysis & Opinion

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...

The euro remained under pressure ahead of the French snap election following more signs of weakness in Germany’s economy. In response, the US dollar strengthened further, leading to a fresh...

CAD USDCAD finished Tuesday’s session unchanged on the day, something of a surprise given that hot CPI data put a sizable dent in the odds of a July rate cut from the BoC. Having been expected to...

Looking at the EUR/USD chart, a double-bottom formation seems to be forming. This comes amid the ECB avoiding talk of further cuts. At the end of the week, important data from the US can spark moves...

Here are 5 reasons explaining why the Japanese Yen is so weak

The US dollar has reached a two-month high. Key market movers this week include the PCE inflation data and comments from Fed officials. The euro struggles amid political uncertainty in Europe, while...

CAD The back end of last week offered only muted USDCAD price action, despite a better-than-expected April retail sales report that offered a counterpoint to the narrative of weak Canadian growth....

CAD Canadian retail sales data should be in focus for loonie traders today. Markets are expecting a solid expansion in consumer activity, with headline sales likely to rise by 0.7% MoM in April....

CAD While a US holiday took the focus off North America yesterday, USDCAD still weakened at the margin, falling by just shy of 0.1%. Most significantly though, the loonie’s fractional move higher was...