Currencies and Forex Analysis & Opinion

US consumer confidence data is released today and is anticipated to show further deterioration. We are slightly more pessimistic than consensus expecting 93.0, and we mostly see downside risks for...

Dollar Index remains volatile with key support at 104 and resistance at 104.6. Fed holds rates, lowers growth forecast, and raises inflation expectations. Markets await April 2 tariffs, which could...

CAD After much speculation, new Liberal PM Mark Carney has called a snap election for April 28th, a move that while not impacting USDCAD significantly this morning, we are inclined to see as...

Traders, is it time to start selling the euro, is the US dollar strength back in the market ? This content was originally published by our partners at Simply Forex.

There is no clear catalyst for dollar strength towards the end of this week, but the pause in rotation from US to European equities and some caution ahead of the 2 April tariff event are probably...

CAD The loonie continues to grind higher against the dollar, finding little relief from last night’s FOMC decision. That said, we agree with the direction of travel, with tariff concerns warranting a...

BoJ holds rates as the Yen struggles. Fed decision could Weigh on the US dollar. USD/JPY faces key resistance at 150.00. Looking for more actionable trade ideas to navigate the current market...

CAD Yesterday’s CPI prints showed a greater-than-expected inflation rebound in February, causing a headache for the BoC. While some uptick in price growth had been expected given that a sales tax...

Stocks gave back all of Monday's gains and a bit more, with the S&P 500 finishing yesterday lower just over 1%. Of course, today at 2 PM ET, we get the FOMC meeting decision, the Summary of...

CAD February CPI data should be the focus for loonie traders today. Markets expect headline CPI growth to rise 0.6% MoM and 2.2% YoY, up from 0.1% and 1.9% respectively in January. That said,...

Key central bank meetings lie ahead, with the BOJ expected to hold rates. Japan’s GDP missed forecasts, with both quarterly and annualized figures falling short. USD/JPY tests 151 yen, with 155 yen...

The week started with another US data disappointment, as softer-than-expected retail sales added to worries about a deteriorating consumer picture. Today, geopolitical developments are in focus as...

Decades ago, a groundbreaking multilateral agreement recalibrated the US dollar, easing trade imbalances and reinvigorating domestic industry. Today, a similarly ambitious proposal draws on both...

CAD The loonie continues to struggle to break out of recent ranges, with USDCAD currently trading in the mid-1.43s – only half a percent lower than it started the month. This is despite a volatile...