Currencies and Forex Analysis & Opinion

CAD At first glance, yesterday’s inflation data release looked hot. While headline price growth matched expectations at 1.9% YoY, core median and core trim both rose to 2.7%, above consensus...

Markets continue to carefully assess the implications of Russia-US talks, but we are observing an emerging trend of euro underperformance linked to Trump’s growing isolationism against EU allies....

CAD Today’s CPI data should be front of mind for loonie traders ahead of the release at 13:30 GMT. Consensus expectations look for 0.1% MoM price growth in January, with all-items CPI seen rising...

Robust economic data from Japan bolsters declines in USD/JPY. Uncertainty surrounds Donald Trump's tariff policy. 151 test looms after failed attack at 155. Get the AI-powered monthly updated list...

Should Russia and Ukraine ultimately reach a peace deal, the US dollar is probably due another moderate correction – but for now, markets are lacking tangible bearish USD drivers and we think the...

CAD Canadian inflation data, published tomorrow, should be front of mind for loonie traders. Consensus expectations are looking for 0.1% MoM price growth in January, with all-items CPI seen rising...

CAD USDCAD continued to slide on Thursday, with a further paring of tariff risks helping to catalyse this latest move lower. Given our longstanding view on the credibility of Trumps, tariff threats,...

If Thursday was the 'Big Day' for US reciprocal tariffs, you wouldn't have known it by looking at the global equity rally or the slightly softer US dollar. The benign impact on markets of yesterday's...

Traders we're seeing such uncertainty and contradiction in the markets that it's making for difficult trading conditions so let's understand why. This content was originally published by our...

European currencies received a lift late yesterday following an update from Donald Trump that he'd had productive discussions with Vladimir Putin about a ceasefire in Ukraine. The rally may have a...

The USD/JPY is rising due to increased US bond yields and inflation data. Higher-than-expected CPI has delayed Fed rate cut expectations. Upcoming data, like PPI, may push USD/JPY toward 155.00. Are...

CAD Despite the focus on US inflation data this afternoon, loonie traders will also have a summary of deliberations to contend with today, due to be released at 18:30 GMT. Indeed, this release will...

GBP/USD is consolidating around 1.2447 on Wednesday as traders hold back, awaiting key UK economic data releases later this week. Key factors influencing GBP/USD Earlier this week, the British pound...

CAD Despite the muted reaction seen elsewhere in FX markets, USDCAD spent Monday trading notably weaker, albeit still below the 1.44 level where it spent much of last month. That said, we think it is...