Currencies and Forex Analysis & Opinion

The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...

The EUR/USD pair has struggled to find footing, trading below the $1.06 and vulnerable to further losses. Tuesday has been hit by latest escalation in Russia’s war against Ukraine, something which...

CAD Given the light data calendar elsewhere, the major focus for today should be Canadian CPI. Markets expect a 2.0% YoY headline reading, with both core-median and core-trim a little higher at 2.4%....

Quotes GBP/USD defend important support in the 1.26 region Bank of England is ready to continue interest rate cuts UK economy clearly out of breath Get ready for massive savings on InvestingPro this...

Markets are consolidating after a period of heightened volatility. In focus currently is President-elect Trump’s pick for the influential post of US Treasury Secretary. Given the large US budget...

CAD Arguably the most interesting release of the week in our eyes – Canadian CPI data – is set for release tomorrow. Markets expect to see a rebound in headline inflation, with both core-median and...

Welcome to Simply Forex Weekly Forecast This content was originally published by our partners at Simply Forex.

We are entering a period of calm in US macro news. This means that it’s mostly up to any positioning readjustment to keep the US dollar from rallying further. Growing focus will be on the eurozone...

The US dollar remains at risk of positioning-led corrections, but so far macro data and Fed communication have not offered any USD-negative catalyst. Yesterday, Fed Chair Powell emphasised the...

CAD The greenback’s mid-week surge saw USDCAD finally pierce the 1.40 level which had looked to be a major resistance for the pair. This meant that the loonie was briefly left trading at lows last...

Traders - We're going to take a deep dive This content was originally published by our partners at Simply Forex.

Markets were quick to buy US Dollar after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is...

CAD The loonie continues to outperform post-election, with USDACD still shy of the 1.40 level. Indeed, market bias still appears to favour treating the loonie as a dollar-lite expression, rather than...

So far this week, the FX markets have continued to head in the same direction of dollar strength following last week’s US election results. The dollar is strengthening amid expectations for a higher...