Currencies and Forex Analysis & Opinion

CAD The loonie pared some recent gains on Wednesday, though still managed to outperform much of the G10 complex, with USDCAD rising just 0.4%. Today, however, we think this dynamic is set for a...

The EUR/USD pair is gaining momentum as expectations rise for a jumbo Fed rate cut in November. Key economic data and Fed commentary this week will guide traders' strategies. Watch for critical...

The EUR/USD was holding near the August high of 1.12 handle, still finding mild support from China’s announcement yesterday of large-scale stimulus measures. That announcement sent stocks surging and...

CAD CAD gained ground on Tuesday, testing multi-month highs against the softening USD. Markets are pivoting into a USD-short stance on rising expectations of future Fed rate cuts, helping to give the...

USD With the market still digesting the Fed’s cut last week, USD is lower across the board. The US Dollar index which measures the strength of the currency against its major peers is close to its...

The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could...

The dollar index shows early signs of recovery as traders anticipate pivotal economic data this week. Key speeches from Fed members could reshape market expectations amid ongoing geopolitical...

CAD USDCAD was fairly flat during yesterday’s trading session as the markets digested the Fed’s rate cut on Wednesday evening. Although USD remains under some selling pressure for the second straight...

EUR/USD breaks above 1.1150 as the dollar weakens following the Fed's first rate cut in over four years. Market expectations for further easing support the euro's upward momentum against the...

The US dollar index was trading lower in the early European trade, giving back some of its gains from Tuesday. This meant that the EUR/USD was trading modestly higher. FX markets are now likely to...

CAD As with other G10 currencies, US retail sales are likely to be closely studied by loonie traders. Indeed, we suspect it could be more significant for CAD than this afternoon’s CPI report. Unlike...

Silver's recent jump stalled at a key resistance level. Recession fears and Fed rate cut expectations drive silver's surge and mixed outlook. Watch for silver's ability to break $31.5; failure could...

EUR/USD back in an uptrend ahead of the Fed. The pair could challenge 1.12 resistance if the Fed opts for a 50 bp cut. Meanwhile, weakness in the US dollar is a tailwind too. Looking for actionable...

CAD CPI and retail sales should offer plenty of entertainment for loonie traders this week. The first of these is likely to show further disinflation progress, the second, a modest but still...