Currencies and Forex Analysis & Opinion

Friday's strong US jobs release has provided another leg higher for the US Dollar. It is hard to see the dollar trend changing this week given the prospect of another strong set of US inflation data,...

CAD It is not just the US that is due to receive a jobs report today. Canada is also set to see a new round of labour market data. Unlike the counterpart US readings, however, we expect prints north...

The British pound tumbled to its lowest level since late 2023 on Thursday as a perfect storm of economic challenges and market skepticism threatens to undermine the UK’s financial stability. The...

CAD In line with the greenback strength seen on Wednesday, USDCAD once again tested 1.44 before easing back through the evening. That said, given our call for further dollar upside, we think it is...

Welcome to Simply Forex - Traders today it's all about taking profit from the weak British pound This content was originally published by our partners at Simply Forex.

A better 30-year US Treasury auction and a US Federal holiday could bring some calmer conditions to bond and FX markets today. However, do not expect the US dollar to hand back much of its recent...

CAD Despite Trump’s comments, USDCAD was remarkably stable through Tuesday trading. Granted, the pair briefly threatened to break below 1.43, but a rebound through afternoon trading saw just a 0.5%...

The US dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December. Should we see a re-focus of the Fed on inflation concerns,...

CAD Political drama gripped loonie traders on Monday, with news that Justin Trudeau is set to resign representing the major non-US story to start the week. We would, however, note that he has vowed...

EUR/USD shows signs of a mild rebound, but the broader downtrend remains intact. Inflation data and Trump’s tariff stance could shift market dynamics this week. Key resistance around 1.0460 will be...

The US dollar is staying a little offered despite Donald Trump rebutting a report that his tariff policies could be more selective. We're also getting closer to some large-scale FX intervention from...

CAD In perhaps the biggest news to start the week, reports abound this morning that Canadian PM Justin Trudeau is likely to resign. Granted, this is not entirely surprising. Trudeau has been under...

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The Dollar Index hovers near key resistance as markets await a pivotal Non-Farm Payrolls report. Hawkish Fed signals and global uncertainty continue to underpin the greenback's strength. Technical...