General Inquiries: 1-888-223-3934 | Trading Desk: 1-888-729-9716
Privacy Policy Contact us User Login


  • (News by tags)
    USD regains some composure ahead of US jobs data

    • Month end flows + positive US data propels USD lower over last 48hrs. • Wide consensus estimate range on deck now for US Non-Farm Payrolls report. • Large EURUSD option expiries feature post payrolls at 1.1250 and 1.1300 strikes. • Over 1.8blnAUD expi...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY Mo...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Month / quarter / half-year end flows in focus

    • USD bid on “risk-off” through Europe, but now falling into NY options cut / London fix. • Two large topside option expiries in play for EURUSD (1.1240s) and AUDUSD (0.6900). • Dollar demand noted at yesterday’s London fix. Flows into 11amET could be e...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD finding bids again to start holiday week

    • Traders shrug off negative COVID headlines from the weekend as usual. • Weaker USDCNY fix + topside EURUSD expiry adds to USD weakness overnight. • Risk tone takes negative turn at NY open though, now sees USD broadly higher. • RBA’s Debelle + Chinese...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading quietly bid ahead of the weekend

    • New coronavirus infections hit daily record of almost 40k yesterday. • Equity markets get late lift from Volcker Rule ease on US banks. • Large option expiry at 1.1200 keeping EURUSD offered, broader USD bid. • Month-end EURGBP demand being blamed fo...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY N...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US COVID case counts back in focus

    • Record breaking 36k rise in new US cases ignites “risk-off” flows yesterday. • Relatively less worse California stats this morning sees risk sentiment bounce. • US Jobless Claims increase more than expected for the 2nd week in a row. • Fitch takes awa...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US considering new tariffs on $3.1 billion of EU/UK goods

    • Bloomberg story, citing USTR notice, knocks risk sentiment during European AM. • Broader USD now recouping most of yesterday’s losses into NY trade. • Yesterday’s post Navarro pump to risk sentiment + European PMIs long forgotten. • This morning’s bet...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets shrug off COVID fears once again

    • Risk sentiment opens weaker in Asia, recovers over European morning. • USD bid at Sunday open, now retreating into NY trade. Risk currencies leading. • Net long EUR fund position gallops to 14-week highs as shorts cover post Powell. • Funds dramatica...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Euro/dollar volatility leading USD flows after EU Summit

    • EURUSD rallies initially after positive soundbites from Merkel & von der Leyen. • “Frugal Four” countries don’t sound nearly as optimistic on EU recovery fund deal. • Euro subsequently falls back, dragging the USD higher across the board. • Bearish he...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BOE increases QE by 100mlnGBP, but doesn't rule out NIRP

    • GBPUSD pops 50pts as QE amount was less than some really dovish forecasts. • BOE’s new year-end target for QE also means less weekly buying of Gilts. • Bailey hedges recovery outlook, says NIRP “a complex” issue. GBP then plunges. • Weaker than expec...

    ...ket until Friday (1.6blnEUR around 1.1250 today and another 1.8blnEUR at the same strike for tomorrow)?   We think euro/dollar’s NY close right back above the 1.1240 level definitely stalled the market’s downward momentum heading i...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD bullish reversal stalls yesterday, but "risk-off" vibes still linger

    • Traders re-focused on negative coronavirus updates out of Texas, Florida, Beijing. • Geopolitical risk also still present with North Korea/South Korea, India/China tensions. • EURUSD toying with bearish head & shoulders pattern once again this morning....

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment gets big boost over last 24hrs

    • Fed to buy individual corporate bonds as part of new SMCCF program. • Trump administration seeking $1trillion infrastructure plan (Bloomberg). • US Retail Sales for May beat expectations big time, +17.7% MoM vs +8.0%. • S&Ps spike 3% higher following ...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders shrugging off negative coronavirus headlines

    • Risk sentiment bounces late Friday, then again in Europe this morning. • USD higher in Asia, but now lower into NY trade. AUDUSD fills Sunday gap. • Funds reduce USD longs against CAD, AUD, GBP during week ending June 9. • EURUSD net long position at...

    ...n the 1.1240s.  Traders have been content to keep the market put since then, and this price behavior makes sense given the euro’s more subdued sensitivity to “risk-on”/”risk-off” type headlines; it also seems reasonable g...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment recovers overnight

    • US 10s regain 0.66% into NY close, PBOC sets much lower than expected USDCNY fix. • USD sales gather momentum into early European trade despite weak UK/EU data. • Powell may have short term bottomed the USD, but medium term trend is still lower. • Tra...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY U...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell screwed it up

    • Risk sentiment initially pops after FOMC’s press release. USD longs puke against risk currencies. • Fed to increase QE/repo, rates on hold until 2022, SEP showed “V” recovery in 2021. • Powell then downplays SEP, last week’s NFP report, cites many ...

    ...ove lower following the press conference.  This shouldn’t come as a surprise to market participants though given the euro’s relegated status as a funding currency (less desirable risk-proxy compared to the market’s favorites like AUD...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yields and USD continue slump ahead of FOMC meeting

    • US 10yr yield now erases almost half of last week’s gains. Keeping USD offered. • Traders expecting update to Fed’s position on yield-curve-control (YCC). • Fed will also release Summary of Economic Projections, first time since February. • Markets ...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China warns its students about studying in Australia

    • News follows China’s advisory’s to avoid Australian travel due to COVID-19 racism. • Markets go risk-off at start of European trade, with AUDUSD sales leading. • Another higher than expected USDCNY fix set the USD bid tone in Asia last night. • USD no...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Will the Fed hint at yield curve control this week?

    • Traders debating this following Friday’s post NFP spike is US 10yr yields to 0.95%. • Broader USD now focused on US yields, bid in Europe today as US 10s re-test 0.93%. • Offered into NY trade as US 10s dip back below 0.90%. FOMC meeting on Wednesday....

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD choppy ahead of May Non-Farm Payrolls report

    • More USD longs stopped out in early European trade after quiet Asian session. • Traders are expecting 8M jobs lost in the US, jump in the unemployment rate to 19.7%. • Canadian Employment Reports expected to show -500k jobs, 15.% unemployment rate. • ...

    ...so believe that significant technical breakouts for EURUSD (above 1.1260) and the US 10yr yield (above 0.76%) added fuel to the euro’s ferocious rally yesterday.           The euro/dollar rally extended all the way to the 1.1360s yesterday, which w...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB increases PEPP by 600blnEUR, extends program to June 2021

    • Italian bonds love the news as the BTP/Bund yield spread plunges 20bp to +174bp. • EURUSD pops above 1.1230-50 resistance zone, but now falling as Lagarde speaks. • Broader USD going bid as EURUSD falls back. Markets ignoring US Jobless Claims. • USD...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD bounces after PBOC fix/OPEC news. Bank of Canada up next.

    • PBOC sets higher than expected USDCNY fix. USDCNH bounces, leads USD off lows. • BTP/Bund spread widens back above +190bp ahead of tomorrow’s ECB meeting. • Tomorrow’s OPEC+ meeting in doubt after Saudi/Russian displeasure with quota cheating. • US A...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD takes another leg lower after China denies US purchase halt

    • China’s foreign ministry says it has no information on directed halt to US soybean purchases. • China’s Global Times says “firms continue to purchase US soybeans in line with market rules.” • USD selling continues in early Europe as dollar loses more t...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders price-out some US/China risk since late Friday

    • Trump’s much anticipated press conference deemed soft on China by market participants. • Risk sentiment recovers late on Friday, spills over as upbeat mood in Asian trade overnight. • Mild USD returns after Bloomberg report about China pausing some US ...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD volatile into month-end / Trump press conference

    • USD extends losses overnight on month-end rebalancing flows, but now bouncing. • Early NY headlines from Pompeo/Kudlow/Trump remind traders of today’s China event risk. • USDCAD trying to regain 1.3780s. AUDUSD backs off 0.6670s. EURUSD retreats off ...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY U...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD continues post-Pompeo slide after better US data

    • Dollar goes bid yesterday after Pompeo confirms Hong Kong no longer autonomous from China. • PBOC sets another weaker than expected daily USDCNY fix in a bid to stabilize the yuan. • Markets celebrating another week-over-week decline in number of new U...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    European Commission proposes 750blnEUR rescue package

    • Announcement boosts EURUSD above 1.10 figure, compresses BTP/Bund yield spread further. • Two thirds of the package now proposes grants vs loans, but “Frugal Four” countries must ratify. • UK’s Brexit negotiator Frost delivers some discouraging comment...

    ...#39;s Bank of China.   USDCAD DAILY USDCAD HOURLY JUlY CRUDE OIL DAILY EURUSD The euro/dollar market is drinking the European Commission’s Kool-Aid this morning.  The larger than expected package siz...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bearish US/China bets unwound as UK/NY traders return

    • Hong Kong’s Carrie Lam says “no need for us to worry” re: security law. • US has not retaliated against Hong Kong and China after last week’s threats. • Traders also citing continued lockdown-easing headlines for today’s “risk-on”. • S&Ps +2%. July W...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed amid competing headlines on a holiday Monday

    • Volumes and volatility subdued as US traders out for Memorial Day. S&P futures +1%. • UK markets also closed for Spring Bank holiday. GBPUSD pivoting around 1.2190s. • Weekend features barrage of negative US/China headlines, but risk sentiment holdin...

    ... JUlY CRUDE OIL DAILY EURUSD Some better than expected German business sentiment for the month of May is helping euro/dollar bounce this morning, but the absence of traders from London and New York today (liquidity) seems be to hindering the...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders freak as China set to impose new Hong Kong security law

    • Headlines crossed during NY trade yesterday, confirmed during China’s NPC last night. • All eyes on Trump as he warned yesterday that the US would react “very strongly”. • Hang Seng plunges 5.5%. USDCNH surges above 7.1400. AUDUSD loses 0.6550s. • U...

    ... JUlY CRUDE OIL DAILY EURUSD The escalation of US/China tensions has really taken the wind out of sails for euro/dollar over the last 24hrs.  The market’s rush back into the safe-haven USD has also coincided with another reco...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Better European flash PMIs help repair risk sentiment after AFR report

    • Report from Financial Review hints at China going after Australia’s iron ore/coal exports. • USD bid in Asia with losses in AUDUSD leading. Trump tweet storm not helping. • Germany, France and Eurozone report better MoM reads for May flash PMIs. USD ...

    ...expected UK flash PMIs for May, we think the threat of negative UK interest rates continues to hold sterling back vis a vis the euro (EURGBP hitting new 8-week highs today).  The OIS curve is now pricing in negative UK rates starting in November (-0.0...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Continued oil rally leads risk sentiment higher overnight

    • July WTI +2% after record 5M barrel draw in Cushing inventories (API). • Chinese oil demand “almost back to pre-virus crisis levels” (Bloomberg). • Japanese March Machinery Orders came in much better than expected. • RBNZ Governor Orr says he doesn’t ...

    ...and is now trading back above it into NY trade this morning.  All the potential catalysts we mentioned above apply for the euro/dollar market, as it continues to trade with a positive correlation to the broader risk mood.  The BTP/Bund yield has ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Yesterday's optimism largely holding ahead of Powell / Mnuchin testimony

    • Risk sentiment surges on Powell interview, Moderna news, German/France recovery fund approval. • Aussie/China tensions increasing as AU barley tariffs now in place, beef imports still banned. • BTP/Bund yield spread compresses lower again at the start ...

    ...in the 1.4120s. USDCAD DAILY USDCAD HOURLY JUNE CRUDE OIL DAILY EURUSD We talked about a euro/dollar market that was potentially positioned a little too short on Friday, and it looks like this was the case again yeste...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trade war fears return, but slightly better US data helps mend

    • US Commerce Dept to block Huawei from acquiring US-tech based semiconductors. • Chinese Global Times hints at retaliation against QCOM, CSCO, AAPL and BA. • EU/UK trade deal talks “have made very little progress”. Both sides “extremely divergent”. • ...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump helps USD bid continue after Powell kills negative rate speculation

    • Powell removes dollar-negative yesterday; markets quickly refocused on escalating US/China tension. • President Trump adding to USD bid this morning with very critical comments towards China. • TRUMP SAYS WE COULD CUT OFF WHOLE RELATIONSHIP WITH CHINA ...

    ...n the 1.0750 and 1.0800 strikes at 10amET this morning.  The ECB’s Philip Lane is expected to speak about the “euro area outlook” in a speech around that time as well.     TRUMP SAYS CORONAVIRUS OUTBREAK SHOWS T...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD heavy ahead of Powell

    • Yesterday’s Fed member speak was unanimous against negatives US rates. • Jerome Powell expected to confirm Fed’s position in webcast at 9amET. • Traders seem a little nervous though, selling USD in advance. • Large option expiries in play today too fo...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment pendulum swings on Aussie/China headlines

    • China bans beef imports from four Australian producers. AUD losses lead USD higher in Asia. • Chinese foreign ministry then confirms ban not related to Australian COVID-19 inquiry. • China also boosts US soybean/corn import forecast and waives tariffs...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dollar in demand to start new week

    • Number of “risk-off” narratives for traders to chew on. Eurodollars flat. • European session selling in GBP, AUD and JPY leads the USD broadly higher. • Fed’s Powell expecting to kill negative rate speculation this Wednesday. • US CPI, Retail Sales, ...

    ...UNE CRUDE OIL DAILY EURUSD Friday’s rally back above the 1.0850 level unfortunately proved short-lived for euro/dollar, as the rush to price in negative US rates inexplicably ran into a brick wall after the London close....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Negative US rate momentum continues ahead of US/Canada job reports

    • Fed Fund and Eurodollar curves now pricing in negative US rates for 2021. • What does the global bond market (global commercial banks) know that we don’t? • Official US and Canadian employment data for April up next at 8:30amET. • Top US and Chinese t...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Larger than expected Chinese trade surplus boosts risk sentiment

    • China April Trade Surplus +45.34bln USD vs +6.35bln expected. Exports +3.5% YoY. • Saudi Arabia’s Aramco increases June official selling prices to Asian buyers by $1.40/barrel. • Australia reports larger than expected trade surplus for March, 10.6blnA...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China calmly responds to US accusations

    • China’s Hua Chunying says Pompeo “cannot present any evidence”. • “We urge the U.S. to stop…stop thinking it can use tariffs as a weapon”. • PBOC sets weaker than expected USDCNY fix. Helps CNH and AUD bounce. • EURUSD continues fall on weak technica...

    ...rrencies as China re-opened for business with little fanfare on the “Trade War 2.0” front, but it gained versus the euro and the pound following weak data points out of both regions.  Dollar/CAD traders continued to battle it out overnight...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German court hands ECB three-month ultimatum to justify bond purchases

    • Bundesbank to longer participate in asset purchase programs if ECB cannot demonstrate “proportionality”. • BTP/Bund spread blows out to +251bp. EURUSD loses 1.09 handle. Risk-off flows lift USD during 4amET hour. • Cooler heads prevailing into NY trad...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716.gvf Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Pompeo and Trump dial it up a notch

    • Pompeo says “significant amount of evidence” exists COVID-19 came from Wuhan lab. • Trump says China “made a horrible mistake and didn’t want to admit it”. • China “intentionally concealed the severity” of the coronavirus pandemic (leaked DHS document)...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716.gvf Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Could US/China Trade War 2.0 + another period of USD funding stress be upon us?

    • President Trump threatens new tariffs on China over handling of coronavirus. • China releases animated propaganda video, mocking US’ coronavirus response. • Chinese yuan selloff leads overnight risk-off move. AUDUSD punished. • USDCAD continues bounc...

    Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716.gvf Get real-time market coverage on twitter at @EBCTradeDesk or sign up here. SUMMARY ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell says "more" likely needs to be done. ECB press conference begins.

    • Fed keeps interest rates/asset purchases on hold, but concedes “more” likely needs to be done by Fed or Congress. • Trump threatens retaliation against China for handling of coronavirus; leads to broad USD bid during 8pmET hour. • Traders largely ignor...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed ahead of FOMC meeting

    • Asia buys risk with month-end USD sales, oil bid, Aussie CPI beat, shrugged off Italy downgrade helping. • Europe re-buys USD ahead of US GDP release. GBP underperforms on month-end EURGBP demand. • US Q1 Advance GDP misses expectations, -4.8% vs -4.0...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading lower again amid another risk-on wave

    • European equities and S&P futures higher. BTP/Bunds tighter. No obvious news catalysts. • USDJPY breaks below 107.00. AUDUSD challenging 0.6500 handle. EUR and GBP higher too. • Talk of month-end/pre-Golden Week flows, WTI oil bounce and more Austral...

    ..., which is helping EURUSD bounce once again.  Sterling continues to display its higher beta (relative volatility) vis a vis the euro, and USDCAD has now slipped below the 1.4020s and looks destined to re-test the lower bounds of the 1.3900 to 1.4200-50 ran...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD pressured on lockdown easing hopes

    • Traders focus on continued talk of plans to slowly reopen economies around the world. • Australia leading efforts with new COVID-19 tracking app. Italy to slowly re-open on May 4th. • Spain, France, UK and Canada expected to announce plans this week t...

    ...LY JUNE CRUDE OIL DAILY EURUSD Thursday’s disappointing EU Summit is now a distant memory for the euro/dollar market, as traders have since focused on the prospects of Europe’s major economies slowing returning to normal...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    April flash PMIs miss across the globe. US Jobless Claims + EU Summit up next.

    • Early looks at April economic activity show weaker than expected contractions worldwide. • EU Summit has begun, but EURUSD traders not optimistic. Topside option expiries could support today. • US Jobless Claims (week ending April 18) up next at 8:30a...

    ...on themselves for a hard slog in the months ahead.”   Eurozone: “April saw unprecedented damage to the eurozone economy amid virus lockdown measures coupled with slumping global demand and shortages of both staff and inputs. &ldquo...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Global risk sentiment recovers as oil prices bounce

    • USO portfolio reshuffle helps take pressure of June WTI. Trump tweet now igniting 20% rally. • Trump instructs US Navy to shoot down Iranian gunboats if they harass US ships. • Australia reports higher than expected “preliminary” Retail Sales for Ma...

    ...il market sentiment appeared to be enough to get EURUSD back above the 1.0850s level by the NY close.    The euro has a moderate bid tone to it this morning as the improvement in global risk sentiment knocks the USD broadly lower, but we...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Where were you when the oil market died yesterday?

    • May WTI falls historic 305% yesterday to close at -$37.63/barrel. We were capturing screenshots! • June WTI loses $21.65 support after May went negative, continues -45% lower to $11.79 in Europe. • USDCAD rallies to extended top end of recent range (1...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    May WTI crashes 40% as nobody wants to take delivery

    • Physical oil traders, without access to storage, capitulating ahead of May futures expiry. • May WTI -40%. June WTI -12%. USDCAD regains 1.4100. S&P futures -2%. USD bid. • EURUSD range-bound but 4th weekly increase in fund net long position doesn’...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    COVID-19 patients respond well to Gilead's Remdesivir

    • STAT news outlet breaks news at NY close yesterday. Risk sentiment surges in Asia. • USDCAD decline made worse by bearish NY close back below 1.4100-1.4120s. • Europe opens with more negative tone following -6.8% YoY plunge in Q1 Chinese GDP. • Risk ...

    ... USDCAD DAILY USDCAD HOURLY MAY CRUDE OIL DAILY EURUSD It’s been a very choppy 24hrs for euro/dollar.  Yesterday’s mixed US data set gave the buyers enough reason to give up on their attempt at the 1.09 han...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed after US data, but still lower vs European open

    ...Asia goes “risk-off” with “hard-to-believe” Aussie jobs report adding weight. • ECB’s Schnabel says “ready to do more to avoid euro fragmentation”. Risk recovers. • US Philly Fed survey for April misses expectations, -56.6 vs -30.0. Worst read since 19...

    ...quo;hard-to-believe” Aussie jobs report adding weight. ECB’s Schnabel says “ready to do more to avoid euro fragmentation”.  Risk recovers. US Philly Fed survey for April misses expectations, -56.6 vs -30.0. ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk aversion is back with a vengeance

    • Trump halts funding to World Health Organization while review is conducted. • Australia reports horrible Westpac Consumer Sentiment number for April. • Germany mulls extending lockdown to May 3rd. IEA releases negative monthly report. • There was “no...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trades mixed overnight, now offered into NY trade

    • Competing narratives sees USD fall further in Asia, but recover during European AM. • EURUSD now trying to break above 1.0950s resistance. GBPUSD breaching 1.2560s. • AUDUSD on the defensive after achieving 0.6430-50s target, but 0.64s still holding. ...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    OPEC+ agrees to historic production cut, but oil traders not impressed

    • OPEC+ to cut 9.7mln bpd through May/June, then 7.7mln to Dec, then 5.8mln to April 2022. • Saudi Arabia & Russia to cut from 11mln bpd April baselines. Mexico allowed to cut by just 6%. • Oil markets unimpressed as news largely priced in + falls way s...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US & Canadian job data to kick off big day ahead for markets

    • US Jobless Claims and Canadian Employment Report up first at 8:30amET. • Jerome Powell to speak via webcast hosted by the Brookings Institution at 9amET. • OPEC+ meeting commences to commence at 9amET. Eurogroup reconvenes at 10amET. • ECB releases m...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU finance ministers fail to agree upon rescue package

    • Eurogroup meeting suspended until tomorrow after Italian/Dutch feud re: deal phrase. • EURUSD option traders not worried though. Risk sentiment now recovering. • Canada reports weak March Housing Starts and February Building Permits data. • UK PM Bor...

    ... market’s poor NY close (which saw prices slip back below the 1.0890s).  This negative technical development put the euro on the defensive going into overnight trade and explains how easily the market fell lower after the Eurogroup headlines cam...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Viral optimism leads risk sentiment higher over last 24hrs

    • S&P futures up 10% in 24hrs, US 10yr yields up 10bp, USDCAD falls below 1.4000. • Japan’s soft emergency declaration + confident RBA rate hold adds to “risk-on”. • Focus turns to today’s European and US coronavirus updates + Eurogroup meeting. • UK PM...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dollar trading mixed to start holiday shortened week

    • AUD and CAD outperforming as equity investors cheer silver lining in Spanish & Italian coronavirus death statistics. • Oil opens 10% lower after Saudi Arabia/Russia spat pushes today’s OPEC+ meeting to Thursday, but S&P rally helps it recover. • EURUSD...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dollar bid ahead of US Non-Farm Payrolls

    • Traders anxious ahead of US NFP print that won’t fully capture extent of March job losses. • Consensus expecting -100k headline, +3.8% for the unemployment rate, +0.2% MoM wage growth. • Final March Services PMIs out of Europe miss expectations. Austr...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump expects Russia & Saudi Arabia to cut 10mln bpd in production

    • Trump tweet leads to +35% spike in oil futures, USDCAD back down through pivotal 1.4170-90 region. • Saudi Arabia now wants cooperation from other oil producers, including the US, Canada and Mexico. • Risk-on flows now trying to reverse strong “risk-of...

    Take control of your international payments with CXI FX Now. • Low transfer fees & great rates • Fast international payments • Safety and security • Unparalleled customer service • Consultative approach...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump warns of a “very, very painful” two weeks ahead

    • US President gives somber message during latest White House coronavirus update. • US health officials project that virus could ultimately claim up to 240,000 American lives. • Global equity markets in classic “risk-off” mode. Nikkei -4.5%. Europe -4%...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Portfolio managers still apparently short of USD into month/quarter end

    ...reversing lower with 4th upside buyer failure in 0.6190s. • EURUSD slumps for the second straight day. Sterling outperforming euro as 1.2290s hold. • China’s Manufacturing PMI for March beats expectations. Trump & Putin talk oil market stabilization. ...

    ...lower with 4th upside buyer failure in 0.6190s. EURUSD slumps for the second straight day.  Sterling outperforming euro as 1.2290s hold. China’s Manufacturing PMI for March beats expectations.  Trump & Putin talk oil mar...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly bid as lockdown-driven economic anxiety returns

    • Crude oil markets bearing the brunt of these fears. May WTI -6%. USDCAD regains 1.41s. • Three-month EURUSD and USDJPY cross currency swap pricing otherwise steady. • Bank of Canada’s emergency measures do nothing to help damaged USDCAD technicals. ...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Month-end flows in focus. Bank of Canada surprises with rate cut + QE

    • Dealers reporting month end demand for USD and JPY into 10amET London fix. Liquidity is thin. • Over 1.7blnEUR in EURUSD options expiring around 1.1000 strike into 10amET NY options cut as well. • USD rallying broadly into NY trade, but lots of techni...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    3.28M Americans file for unemployment claims, but markets continue to shrug off expected bad news.

    • US weekly jobless claims rise 3.28M during week ending March 21, quadrupling 1982 record. • Broad risk sentiment jumps however as markets largely expected this, S&Ps +3.5%. • USD continues overnight sell-off led by narrowing in CCBS pricing and Europea...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-8...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US set to pass $2 trillion stimulus package. Markets be like "what else you got"?

    • Senate Democrats and Republicans agree on historic $2 trillion rescue package. • Risk sentiment upticks into European trade but now quickly fizzles out. • GBPUSD and AUDUSD struggling to defend upside breaks. USDCAD finds dip buyers. • EURUSD dealin...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mild coronavirus optimism leads risk sentiment higher overnight

    • Italy’s Milan region saw lowering trend for new cases yesterday. Next update today at 1pmET. • Wuhan to end lockdown on April 8. US stimulus package now rumored to be $2.5 trillion. • Overnight "risk-on" dampens dollar demand. 3-month EURUSD CCBS na...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed effectively goes all-in by signaling unlimited QE

    • Fed to buy treasuries/MBS in “amounts needed to support smooth market functioning”. • Fed to create two new bond/loan facilities for large corporations + main street business lending program. • Risk sentiment pops initially but now beginning to fade on...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad USD rally, funding pressure, eerily takes a breather overnight

    • USD broadly lower in Asia/London as 3-month CCBS narrows to +1bp, going bid again in NY. • Japan closed for holiday, RBA starts QE purchases, Trump may intervene in Saudi/Russia oil spat. • Canadian Retail Sales for January come in mixed, but nobody is...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    They keep finding more kitchen sinks to throw

    • Kudlow hints at US government buying stocks. ECB increases QE by 750blnEUR through end of 2020. • Reserve Bank of Australia cuts by 25bp, starts QE with 0.25% yield target on 3-year government bond. • US Philly Fed survey for March misses estimates. ...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD funding pressures ease, but European bond rout raising new fears

    • ECB’s Holzmann admits monetary policy has reached its limits. European bonds plunge. • Bank of Italy intervenes in BTP market to curb panic selling, but broader risk sentiment now hit. • Cash S&Ps set to trigger trading curbs once again. April cru...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD surging as dollar funding stress continues

    Benchmark 3-month EURUSD cross currency basis swap blows out to -124bp. Shows yesterday’s global central bank coordination on USD swap lines not working. USD now surging across the board as broader risk sentiment remains steady. US Treasury Secretary Mn...

    ...is morning.  No currency seems to be escaping the market’s rush for the world’s reserve currency, not even the euro.  To make matters worse, this rush to bid up the USD’s exchange value is not leading to broad risk-off flows (wh...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    None of it is working

    S&P futures locked limit down -5% despite raft on central bank actions. April crude -8%. Fed, BOE, BOJ, ECB, BOC and SNB to lower rate on existing USD swap lines by 25bp. Global central banks to now offer USD liquidity with 84-day maturity, in addition ...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump bans all EU flights. Markets in panic mode again. ECB adds to QE.

    US to ban all incoming flights from Europe for 30 days starting this Friday. S&P and oil futures plunge. US 10yr yields retreat back to 0.70%. USDCAD bid. ECB leaves rates on hold, but adds 120blnEUR in QE and new LTRO + lowers bank capital ratios. EU...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump no-shows. BOE cuts 50bp. US CPI slightly beats expectations.

    Trump does not attend last night’s coronavirus press conference at the White House. Markets now re-living yesterday’s mid-session fears that the US coronavirus response is not ready yet. Saudi Aramco directed to increase its maximum capacity from 12M to ...

    ...DCAD HOURLY APR CRUDE OIL DAILY     EURUSD The “Trump-pump” drove risk sentiment higher and the euro lower yesterday, but this optimism has since been scaled back following the President’s “no-show” last night and is allowin...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment bid ahead of Trump press conference

    Trump to speak at 5:30pmET tonight. “Major” actions to support economy expected. Saudi Arabia to flood oil markets with supply but Russia still seems willing to cooperate on “joint measures”. President Xi appears to celebrate conoravirus victory in Chin...

    ... the risk currencies get bought and the funding currencies get sold.  Some are saying it’s time to start selling the euro again today based on Euro-specific factors like Italy going on complete lockdown and the now 100% odds that the ECB cuts it...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil prices plunge 30% last night after Saudis start price war with Russia.

    Saudi Arabia slashes official April selling prices by $6-$8/barrel, to increase April oil production over 10M bpd. Decision in response to Russia disagreeing to OPEC+ production cut proposal, Saudis now looking to re-take market share + pressure Russia. ...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets panicking. Traders expecting Fed to cut at least another 75bp on March 18.

    Implied Fed funds trading at 0.48%. US 10s below 0.70%. S&Ps -3%. EUR and JPY surging. U.S. FEB PAYROLLS +273,000 (CONSENSUS +175,000). CANADA FEB EMPLOYMENT +30.3K (+10K exp) Russia does not agree to OPEC’s proposed 1.5M bpd production cut. Crude o...

    ...Everyone’s focused on plunging US interest rates/interest rate expectations and it’s killing the dollar against the euro.  We think a NY close above the 1.3040s (February highs) would be perversely positive for GBPUSD’s chart structu...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus angst returns. OPEC recommends 1.5M bpd cut. Poloz to speak this afternoon.

    California declares state of emergency as number of total US cases reaches 159. Australia beefs up inbound travel restrictions. Confirmed coronavirus cases outside China now 15,865. South Korea with 5766, Iran with 3513, Italy with 3089. Global markets...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed fails. Biden succeeds. Bank of Canada cuts rates by 50bp to 1.25%

    • Bank of Canada cuts rates by 50bp with dovish press release. USDCAD spikes above 1.3400. • Bond markets shrug off emergency 50bp Fed rate cut. US 10yr yield plunged below 1% yesterday. • Fed funds futures still pricing in at least another 25bp in cut...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed Surprises Markets With 50BP Rate Cut

    • FED SAYS FUNDAMENTALS REMAIN STRONG BUT CORONAVIRUS POSES EVOLVING RISKS TO ECONOMIC ACTIVITY • G-7 FINANCE MINISTERS, CENTRAL BANKERS 'STAND READY TO COOPERATE FURTHER' TO ADDRESS CORONAVIRUS • G7 press release from 7amET conference call does not reve...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets want rate cuts now

    • Money markets pricing in 75bp of Fed easing by March 18th FOMC meeting. • Both Reserve Bank of Australia and Bank of Canada now expected to cut 25bp this week. • Risk sentiment bouncing mildly on prospect of coordinated global rate cuts. • USDCAD wa...

    p{ text-align: justify; font-size:14px; } h2 { font-size:16px; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Plunge in US yields leads to rampant Fed rate cut speculation

    Fed funds futures curve now expecting first 25bp rate cut in April, 75bp by years end. President Trump downplays coronavirus impact but markets don’t react too kindly. Number of cases increases in Italy, South Korea and Iran. Big questions now being ask...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Global markets trying to shrug off virus fears again

    • S&P futures and US yields bounce, despite more coronavirus cases in South Korea and Italy. • China reports just 5 new cases outside Hubei province. USDCNH traders sidelined. • USDCAD continues to struggle with 1.3300 resistance level. AUDUSD extends ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment up mildly after yesterday's pandemic fear driven moves

    Traders also talking about April gold’s negative reversal lower late yesterday. EURUSD recedes off 1.0860s resistance with gold decline, now likely to deal with option expiries. Pause in risk-off sentiment helps oil market bounce, stalls USDCAD attempt a...

    ... here.  This sounds good on the surface, which we think partly explains the pound’s relative strength vis a vis euro today, but we still need to hear from the UK and what their mandate will be (expected on Thursday).  Traders are also ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Italy, South Korea and Iran in panic mode as number of coronavirus infections explode higher.

    Case count surges to 223 in Italy, 833 in South Korea, and 47 in Iran. Italian markets plunge. FTSE MIB -6%. BTP yields surge 10bp at European open. S&P futures -100. April crude oil -5%. US 10s -10bp. April gold +2%. Chinese yuan believing just 11...

    ...e week after traders feel they have to price in some of the panic selling we’re seeing in Italian assets today.  The euro’s new status as a funding currency has allowed it to benefit from risk-off scenarios of late but we think it's be...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    South Korean COVID-19 cases double. European flash PMIs beat, but skewed to upside.

    Asian session shows mild risk-off flow as conoravirus news flow is negative once again. Tone improves in European trade following February flash PMI beats for Germany/Eurozone. IHS Markit’s Chris Williamson says numbers skewed to the upside by supply cha...

    ...margin on the Manufacturing read (details below).  We think this partly explains sterling’s relative outperformance against the euro this morning.  GBPUSD bounced all the way back to Wednesday’s breakdown zone in the 1.2940-50s.  This area is now acting as...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets spooked by jump in South Korean & Japanese coronavirus cases

    Number of new cases soars to 104 in South Korea and 92 in Japan today. China reports 16th straight day of declines in new cases outside Hubei province. USDCNH breaks higher. USDJPY continues “sell everything Japan” surge higher. Overnight risk-off tone...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    More positive headlines out of China propel risk sentiment higher again

    • Daily increase in new coronavirus cases outside Hubei province declines again in China. • Beijing considering cash infusions and mergers for airline industry + LPR rate cut tomorrow. • US PPI for January comes in much hotter than expected, +0.5% MoM vs...

    ...rday morning’s gold-driven bounce.  It’s hard to find any sort of fundamental narrative to stop the selling in euro right now and so we defer to the chart technicals and trader willingness to push the market below the key 1.0790 support le...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Apple warns due to coronavirus. German ZEW for February misses expectations.

    Apple issues revenue warning for March quarter. ZEW Economic Sentiment 8.7 vs 21.5 expected. RBA Minutes: CORONAVIRUS A "MATERIAL" RISK TO OUTLOOK FOR CHINA ECONOMY, AND THUS AUSTRALIA. Global markets waking up to looming economic impact from coronaviru...

    ... USDCAD DAILY USDCAD HOURLY MAR CRUDE OIL DAILY     EURUSD The bear trend in euro/dollar keeps intensify and we think today’s weak German ZEW survey got the selling re-started again in Europe.  ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets hopeful that Thursday's coronavirus spike in China was a "one-off" event

    Traders largely shrug off last night’s continued uptrend in Chinese coronavirus cases/deaths. Moderate risk-on from Asia deteriorates in early European trade though. US yields tick lower. US reports slightly weaker than expected Retail Sales and Industr...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus case count surges in China after “clinically diagnosed” cases now included

    Official infections are now 15,152 higher than yesterday, bringing total to 59,804 as of Feb 13. Deaths now top 1,367. Hubei removes two top health officials. Biochemical weapons expert, major general Chen Wei, now in charge. Foxconn factories have not...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Hawkish rate hold from RBNZ + more coronavirus optimism leads risk sentiment higher again

    Reserve Bank of Zealand upgrades economic outlook and OCR projections while holding rates steady. NZDUSD rallies 1%, lifting AUDUSD higher and dragging USDCAD lower. China now reporting 44,653 coronavirus infections, but today’s 2015 increase was lower t...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Slower rate of coronavirus infection today helps risk sentiment overnight

    Only 2,478 new cases of the coronavirus confirmed today in China versus 3,062 new cases yesterday. China’s Zhong Nanshan says “this event may be over in something like April”. USD broadly lower overnight on risk-on sentiment, now lower again following Po...

    ... employees back to work yesterday, that layoffs have begun and that nearly 100 businesses have been allowed to declare force majeure.  Pay no attention now to WHO chief Tedros Ghebreysus, who’s continuing his redemption in the world of public op...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China slowly returning back to work, but markets yet not convinced worst of virus is behind us

    Chinese government eases some travel and work restrictions, urges millions to gradual return to work. PBOC announces 300bln special lending facility for banks with orders to “issue loans quickly”. WHO’s Tedros finally admits “we may only be seeing the ti...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus fears escalate again overnight. US & Canadian job reports up next.

    New international cases aboard quarantined Diamond Princess cruise liner jumps to 61. Singapore has raised its Disease Outbreak Response System condition to orange from yellow. USDCNH move above 7.0000 leads risk-off move, which in turn hurt commodity cu...

    ...ry trade data report has now been cancelled because of the coronavirus, local copper traders have just declared “force majeure”, and Toyota has announced it will keep its Chinese factories closed for at least another week.  It certainly fe...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China to lower tariffs on $75 billion of US goods starting next week

    Another positive Chinese soundbite drives risk-on sentiment in late Asia, but skepticism follows. Global Times says China considering invoking “disaster” clause in phase one trade deal. Over 28k people now infected in China. 562 dead. Tiajin beginning ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Research team at Zhejiang University has “found an effective drug” for coronavirus

    Chinese state TV releases headline during 3amET hour, leads to another broad “risk-on” move. Sky News reporting UK scientists have made “significant breakthrough” in race to create vaccine. US yields break through 1.61% resistance. USDJPY gallops over 1...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets go risk-on after more Chinese intervention

    China pumps another 400bln yuan into money markets. Urges investors not to panic. Sets USDCNY fix lower. RBA downplays coronavirus for now, saying it will “temporarily weigh” on domestic growth. AUD bounces. UK Construction PMI for January beats expec...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China intervenes to calm its capital markets

    PBOC injects 1.2 trillion yuan, cuts 7 & 14 day reverse repo rates. Chinese regulators halt night trading in A50 China futures + ban short selling of stocks. Intervention halts further selling after Shanghai Composite gaps down 7%, lifts risk sentiment. ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Countries taking matters into their own hands after soft WHO emergency declaration

    WHO declares public health emergency of international concern regarding coronavirus. The un-binding decree however stops short of recommending travel restrictions. Italy, Singapore, US and Japan take further steps to curtail travel to and from China. Ov...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed leaves rates unchanged. BOE hurts doves with rate hold. Coronavirus fears mount.

    Fed to keep intervening in overnight/term repo + T-bill markets until “at least April”. Achieving “ample” bank reserves the focus. Bank of England disappoints rate cutting doves. OIS markets reprice for no cut in March and GBP rebounds. Global economic...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The virus is spreading and the outbreak situation is still grim, says Chinese Premier Li Keqiang.

    Mild risk-off flows return as traders now eagerly await WHO press conference at 11amET. British Airways suspends all flights to Beijing and Shanghai. Rumors swirl US-based airlines to follow suit. US yields and USDJPY trading back lower after filling Su...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus outbreak may reach its peak in one week or about 10 day

    China’s Xinhua out with the headline, citing respiratory scientist Zhong Nanshan. Broader risk sentiment improves with global equities, yields, yuan all bouncing. OPEC trying to stem oil market decline with talk of extending & deepening production cuts. ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus outbreak takes turn for the worse over the weekend

    Almost 3000 now infected in China, 81 dead, but "unofficial" talk on the ground is numbers are way higher. China extends Lunar New Year holiday by one week to help stem spread of the disease. Global markets go into “risk-off” mode to start week, with plu...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Ten Chinese cities totaling 30 million people now on lockdown

    More negative coronavirus headlines spurs small “risk-off” USD buying wave in London trade. EURUSD can’t break above 1.1060 following German flash PMI beat. Eurozone flash PMI miss doesn’t help. Bank of England rate cut odds for January 30th barely move...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada goes dovish again. ECB stands pat. Coronavirus spreads.

    Bank of Canada lowers GDP forecasts, says “door is obviously open to an interest rate cut”. USDCAD spikes. ECB to adhere to current strategy until new strategy has been defined. Expected late 2020. Three Chinese cities now on lock-down as coronavirus s...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Coronavirus headlines cause Asian session volatility once again. Bank of Canada up next.

    China reports 440 cases last night with 9 dead. Another small “risk-off” wave ensues. Relative calm returns after press conference from Chinese health officials. Sterling shoots higher after surprise surge in UK manufacturing confidence (CBI survey). O...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Chinese coronavirus fears spark "risk-off" flows in Asian trade

    • US yields re-open lower, USDJPY falls, and gold prices spike higher initially. • Two positives European data narratives + gold selloff now helping risk sentiment into NY trade. • German ZEW survey and UK employment report both surprise to the upside. ...

    ...n Brisbane (on his way back from China) didn’t help with sentiment.  More here from the Metro UK.  Sterling and euro strength has come to the rescue for the Australian dollar this morning however, as we feel it’s leading broad USD wea...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mildly bid into US Martin Luther King holiday

    • Sterling leading USD strength with negative tones from UK chancellor Sajid Javid. • Bearish “head & shoulders” patterns continue to depress EURUSD and AUDUSD. • Overnight oil volatility following supply disruptions in Libya & Iraq doesn’t shake other m...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England rate cut odds shoot up to 66% after more weak UK data

    UK Retail Sales fall 0.6% MoM in December versus expectations for a 0.5% gain. OIS market now sees 66% chance of 25bp rate cut from the BOE on Jan 30th. GBPUSD rejects last week’s 1.3080s chart support (turned resistance) with a vengeance. EURUSD weighe...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China "phase one" deal signing passes without much fanfare

    Equity markets rally but the bond traders are not believing it. US yields continued lower in overnight trade, dragging USD broadly lower. Better Retail Sales + stellar Philly Fed numbers out of US now sees yields/USD bounce. Bearish upside breakout fail...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China "phase one" trade deal to be signed at 11:30amET this morning

    US Treasury Secretary Mnuchin touts “very significant”, yet “very complicated” agreement with China. Ceremony to take place at White House at 11:30amET. Details of the deal to be announced beforehand. Global markets displaying some pre-ceremony jitters,...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Global markets steady ahead of looming US/China phase one deal signing

    “Risk-on” takes another leg higher in Asia following Chinese $80bln purchase pledge. European time zone dialing back the optimism a bit following SCMP article. USDCNH breaks below 6.8850 support to make new 6-month low, but now reversing higher. “Buy th...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England rate cut odds for Jan 30th gallop to 49%

    BOE out with yet more dovish comments over the weekend, this time from member Gertjan Vlieghe. UK GDP for November surprisingly contracts 0.3% MoM vs expectations of no growth. GBPUSD slumps down to 1.2980s. EURGBP rallies above 0.8550. USDJPY at new s...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England's Tenreyro going dovish too. US & Canadian employment reports up next.

    BOE’s Tenreyro “edging towards a cut in rates if downside risks emerge”. GBPUSD still below 1.3080s. Traders expecting +164k jobs created in the US in December, +25k for Canada. AUDUSD bounces off better than expected Australian Retail Sales number, but...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump de-escalates. Carney goes dovish. Australia calls for more evacuations.

    Equities and US yields score bullish daily reversals while February gold and oil futures record bearish reversals. Dovish comments from BOE Governor Mark Carney sees GBPUSD lose trend-line support in the 1.3080s. EURUSD still in the pits on broad USD s...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Iran attacks US airbases in Iraq, but no US casualties reported

    Iran fires missiles at Taji, Erbil and Al Asad airbases in Iraq, in retaliation for killing of Qasem Soleimani. Trump tweets “all is well” after reports of no US casualties. US official said “Iran appeared to be shooting to miss”. Overnight 4% spikes hi...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Australian dollar plunges as talk of RBA rate cut continues to grow

    Australian December job ads fall 6.7% MoM, stoking fears that wildfires will hurt official employment figures. OIS market pricing in 87% chance RBA cuts rates 25bp on Feb 4th to help economy cope. AUDUSD gives up key 0.6920-40 support level, falls all th...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/Iran tensions escalate over the weekend, but markets starting to calm down again

    Iran further threatens retaliation for the killing of Qasem Soleimani, announces it will no longer be bound by 2015 nuclear deal. Iraq votes to begin process of expelling US troops. President Trump threatens both Iran and Iraq in response. Gold surges 2...

    ...P DAILY     AUDUSD The Australian dollar is having a tough time this morning.  Unlike the euro and the pound, it cannot cling to some positive data points for today and so we think the market is following the broader r...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US drone strike kills top Iranian military commander

    • Qasem Soleimani, head of Iran’s Quds force, targeted at Bagdad Airport. • President Trump ordered the strike as a defensive action to protect US personnel abroad. • Iran’s President Rouhani vows “harsh retaliation” to “take revenge for this heinous cri...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US dollar battered over the holidays

    • US dollar plunges during week between Christmas and New Year’s holidays. • US-China driven “risk-on” was a narrative, but steady demand for bonds/precious metals also noteworthy. • Are traders bracing some dovish Fed development or negative US economic...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0%...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet as Christmas holiday approaches

    USD trading mixed. US yields re-challenging 1.95% break-out level. February gold breaks above $1490. CME equity, interest rate and FX futures markets close early at 1:15pmET. Global markets closed for Christmas holiday tomorrow. US markets re-open on ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling extends losses following latest CFTC fund positioning data

    Funds at CME piled into GBPUSD longs just as the market was topping. Brexit Withdrawal Bill passes UK House of Commons by 358-234. EURUSD floundering at 1.1070s trend-line support level. AUDUSD enjoying some relative outperformance after 0.6895 held int...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canada reports dismal Retail Sales report for October

    Headline reported -1.2% vs +0.5% expected. Ex-autos comes in -0.5% vs +0.3% expected. USDCAD rallies 50pts. NY close above 1.3150-60s would ruin momentum for new downward trend. Euro continues lower, weighted by firm US yields. Quad witching + pre-hol...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England keeps rates on hold with 7-2 vote

    GBPUSD gyrates up and down with wishy-washy BOE outlook, but trend still down. AUDUSD bounces on better than expected Australian employment report for November. German and US 10yr bond yields on the cusp of major upside breakout, but Philly Fed miss coul...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY trade

    USDCAD range-bound in overnight trade, but leans lower now following beat on Core Median November CPI for Canada. AUDUSD holding top end of 0.6810-30 support zone. Australian employment report out at 7:30pmET tonight. Euro slumps on weight of negative N...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Johnson vows to outlaw Brexit 2020 transition period extension in new Withdrawal Agreement Bill

    No-deal Brexit anxiety returns. GBPUSD completely fills Thursday’s 5pmET upside chart gap. UK reports mixed November employment report. Deutsche Bank calling for BOE rate cut in January. EURUSD rallies a bit in Europe, but then fades into NY trade afte...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USTR Lighthizer says US/China phase one deal is "totally done"

    China reports better than expected Industrial Production & Retail Sales for November. Markets go “risk-on” to start week. S&P futures trade to new record highs. Bond, commodity, FX markets more skeptical as deal lack details, not written down, still nee...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson's Tories achieve landslide UK election victory

    GBPUSD surges 350pts in early Asia to hit 1.35 handle. Broad USD sales ensue. Risk-on wave in Asia follows very positive US/China trade deal sentiment from NY session yesterday. President Trump reportedly signs off on deal to reduce existing China tarif...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed leans dovish. ECB stands pat. UK election result looms.

    Dovish Powell sends US yields and USD lower yesterday. EURUSD achieves technical upside breakout. AUDUSD extends its rally post-Fed, following early session break back above 0.6840. USDCAD collapses below 1.3180s, now a pivotal level ahead of Poloz spee...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet ahead of Fed rate decision

    • Markets expecting no change to interest rates and forward guidance. • US CPI (Nov) comes in slightly higher than expected on headline, but in-line on the core measure. • GBPUSD moved swiftly lower in Asia after final YouGov MPR poll predicts Tory major...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China negotiators “laying the groundwork” for delay of Dec 15th tariffs (WSJ).

    • Risk sentiment getting slight boost into NY trade. S&Ps, yields, Chinese yuan, USDJPY higher. • AUDUSD still marred by Friday’s negative post NFP reversal back below the 0.6840s. • USDCAD traders digesting conflicting USMCA headlines amid new 1.3160-1...

    .... GBPUSD WEEKLY GBPUSD HOURLY EURGBP DAILY     AUDUSD The Aussie, unlike euro and sterling, continues to struggle so far this week to regain its losses from the US NFP report on Friday.  The swift...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    OPEC+ Said to Agree to 500k bpd Cut US & Canada Job Reports Up Next

    • OPEC+ press conference imminent. Oil markets un-enthused. • US expected to show +180k jobs created in November, +10k for Canada. • Germany reports dismal Industrial Output numbers for October, but traders ignore. • Jeremy Corbyn reveals secret docume...

    p{ text-align: justify; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada surprises market with less-dovish than expected assessment of global economy

    • USDCAD plunges through 1.3260s…all the way down to 1.3180s. Uptrend now over. • Bank of Canada’s Timothy Lane adds to USDCAD losses with hawkish tone on rate guidance. • OPEC meeting now underway with rumors of 800k bpd “Saudi surprise” deepening of o...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bloomberg US/China article lifts risk sentiment into NY trade

    • US, China Move Closer to Trade Deal Despite Heated Rhetoric, say “people familiar with the talks”. • S&P futures, Chinese yuan, USDJPY, US yields, commodity currencies all higher. • US ADP Employment Report (Nov) +67k vs +140k exp. Miss adds fuel to b...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump: "it might be better to wait until after the 2020 election for the China deal"

    • Trump makes this comment while speaking to reporters at NATO summit in London. • Markets continue “risk-off” move from yesterday. S&Ps, yuan, USDJPY all lower. • US yields playing catchup, plunge all the way back to 1.7550-1.77% breakout area. • USDC...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly higher to start holiday shortened session

    US 10yr yields venture back above 1.77% to start NY trade, dragging USD broadly higher. EURUSD falls further into 1.09s. AUDUSD swiftly back below 0.6770s. USDJPY higher again. USDCAD rallies above 1.3300, but gets pulled back by better Canadian Q3 GDP...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Durable Goods and Q3 GDP (2nd estimate) surprise to the upside

    • US yields spike higher to 1.774% resistance. USD sees broad bid after numbers released. • USDCAD struggling to benefit however, with mounting pressure on key 1.3260s support level. • Large option expiries influencing EURUSD, GBPUSD, AUDUSD and USDJPY ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    RBA's Lowe brushes off QE and negative interest rate policy

    • AUDUSD volatile, but survives another re-test of 0.6770s chart support. • Xinhua reports phone call between China’s Liu and the US’ Lighthizer this morning. • Both negotiators “reached consensus on properly resolving relevant issues” and agreed to stay...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling falls after UK flash PMIs for November miss expectations

    • GBPUSD falls swiftly back below 1.2900. BOE rate cut chatter re-emerging. • EURUSD sees some volatility after mixed German/Eurozone flash November PMIs. • Chinese Global Times says “China will fight back and retaliate” is US raises tariffs. • AUDUSD ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trading algos fall for positive US/China trade headlines overnight

    • Bloomberg, Reuters and WSJ all out with positive sounding pieces. • SCMP article now being debated, with broad USD buying returning into NY open. • Hawkish ECB Minutes briefly lift EURUSD. Trend-line resistance in 1.1090s being challenged. • Ipsos Mo...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China trade sentiment deteriorates further. BOC's Wilkins shocks market.

    • Trump threatens higher tariffs if China deal isn’t reached. Senate confirms Hong Kong Human Rights Bill. • China angrily vows “forceful measures”. Markets go mildly “risk-off”, with USDCNH leading USD strength. • Bank of Canada’s Wilkins shocks mar...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump/Powell meeting brought out some dovish rumors yesterday

    • Trump discussed negative rates, easing, too strong USD. Says US rates should be lower. • US 10yr yield dropped further to 1.80%, dragged broader USD lower with it. • AUDUSD lower post RBA Minutes, but McCrann article helps market recover. • US Housin...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Big Tory lead over Labour helps risk early on, but negative CNBC trade tweet sours mood.

    • Tories now lead Labour by at least 14pts in UK election polls. GBP rally initially leads risk higher. • Negative US/China trade tweet sours mood, leads to “risk-off” into NY trade. • US stocks, yields, USDJPY and Chinese yuan reverse lower. Gold spik...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Kudlow's comments rescue risk into overnight session.

    NEC Director says deal with China is “close” and that “we are coming down to the short strokes.” US yields and USDJPY bounce. Broad USD selling continued in Asia, dialed down in Europe, now back again. EURJPY buying helps EURUSD break above 1.1020s, ext...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets in risk-off mode again after weak overnight data.

    • WSJ article says: “US-China Trade Talks Hit Snag Over Farm Purchases”. • Japan Q3 GDP disappoints. Australia shocks market with -19k job loss for October. • Chinese Industrial Output and Retail Sales data for October misses expectations. • Germany n...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad "risk-off" flows kick in after Trump's speech.

    Trump doesn’t deliver the “constructive statement on China” that traders were expecting. USD broadly higher with “risk-off” flows, ignoring US yield slump. USDCAD breaks above 1.3250. US reports mixed CPI number for October. Headline measure beats but...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets optimistic ahead of Trump speech.

    • US 10s teased break above 1.95%, but backing up a bit now. President Trump to speak at 12pmET. • Sources familiar with Trump’s remarks say there will be a “constructive statement on China”. • USDCAD on the verge of positive trend change, but close abo...

    ... Sterling has seen some selling in European trade today, but it’s still enjoying some relative outperformance vis a vis euro after yesterday’s announcement from Nigel Farage that the Brexit Party will not compete in 317 seats won by the Torie...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yield rally continues. Canadian employment report out next.

    • US yields re-attacking the 1.95% level as White House “very, very optimistic” about US/China trade deal. • Traders expecting +15.9k new jobs created in Canada in October. • EURUSD and gold prices succumbing to further pressure from global bond rout. •...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England holds rates unchanged, but two dissenters wanted cuts now.

    • BOE members Saunders and Haskel vote to cut 25bp now. GBPUSD falls. Carney tilts dovishly. • IF DOWNSIDE RISKS EMERGE TO UK ECONOMY, THERE MAY BE A NEED TO PROVIDE REINFORCEMENT. • China and US have agreed to cancel existing tariffs in different phas...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; ve...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader risk appetite recedes a bit as US yields back up 4bp.

    Traders awaiting the next US/China headline amid quiet economic calendar. US yet to confirm willingness to drop some tariffs against China. Fed’s Evans says monetary policy is “not that far off the neutral rate”. Fed’s Williams to speak at 9:30amET. Fe...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's "risk-on" again for global markets, with US 10yr yields now cracking above 1.83%.

    • Growing trade deal optimism continues to propel stocks, yields and USDJPY higher. • Negative tweet from Chinese Global Times editor Hu Xijin adds a wrinkle. Subsequently deleted. • PBOC cuts MLF rate by 5bp to 3.25%. RBA focuses on domestic positives...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive trade headlines boost risk sentiment, but broader USD tone more guarded

    • Wilber Ross optimistic on China deal; US may not need to put tariffs on EU cars. • White House official tells Politico a deal with China is almost there. • S&P +0.6%, Crude oil +1.6%. Copper +0.6%. US yields bumping up against 1.77%. • Broader USD sh...

    ... not trade back above the 1.3190s. USDCAD DAILY USDCAD HOURLY DEC CRUDE OIL DAILY EURUSD The euro/dollar bulls did not get the negative US Non-Farm Payrolls report we think they were hoping for on Friday, but we think the...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Caixan Manufacturing PMI lifts sentiment overnight, but markets now bracing for potentially negative US NFP

    Chinese Caixan Manufacturing PMI (private sector SME) for October 51.7 vs 51.0, highest since Feb 2017. US Non-Farm Payrolls (Oct) up next at 8:30amET. How bad will the negative effect be from the GM strike? US ISM Manufacturing PMI (Oct) at 10amET, wit...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; ve...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Poloz turns cautious. Powell maintains stubborn optimism, but bond market not falling for it.

    • CAD collapses as Bank of Canada focuses on “worsening global situation”. OIS now pricing in 30% chance of Dec 4th rate cut. • Powell delivers hawkish rate cut, but bond markets don’t believe Fed easing cycle is over. • Negative US/China headlines from...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Q3 Advance GDP beats expectations. BOC, FED and BOJ meetings loom.

    US Q3 Advance GDP +1.9% vs +1.6% expected. USD bid broadly into NY open. Bank of Canada interest rate decision at 10amET. Press conference at 11:15amET. Fed interest rate decision at 2pmET. Press conference at 2:30pmET. Traders expect no change from ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU agrees to Brexit extension to January 31, 2020

    • EU grants UK request for Article 50 extension. Sterling unphased as this was expected. • S&P 500 trades to new all time high, propelled by US/China Phase 1 deal optimism. • US 10yr yields continue rally after Friday break above 1.77%. USDJPY eyeing bre...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD bid ahead of US/China talks and Brexit extension decision from the EU.

    German IFO Expectations sub-index beats for October, but EURUSD bounce fizzles. EURUSD sellers pouncing on yesterday’s bearish outside day pattern + large 1.1100 option expiry. Boris Johnson’s call for Dec 12 elections sees GBPUSD volatility, but Labour ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB keeps monetary policy unchanged. Draghi says his legacy is "never give up".

    • All ECB measures from September kept in place. Mario Draghi attempts to clarify. • Germany’s flash PMI for October misses expectations. Services PMI 51.2 vs 52.0, now at 6-year low. • EU expected to confirm UK’s request for Brexit extension by end of...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK lawmakers pass Withdrawal Agreement Bill, but shoot down government's rushed Brexit time-table

    • Reject of time-table (program motion) allows for amendments to bill that could risk government pulling it all together. • The ability for the UK to leave Europe on Oct 31 with a deal now highly unlikely. EU’s Tusk recommends Brexit extension to the EU2...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trudeau holds on for 2nd term. Canadian Retail Sales disappoint. BOS up next.

    • Liberals win minority government, as expected. LIB 157, CON 121, BQ 32, NDP 34, GRN 3. • Canadian Retail Sales (Aug) miss expectations: -0.1% MoM vs +0.4% and -0.2% MoM vs +0.1% ex Autos. • Bank of Canada’s widely followed Q3 Business Outlook Survey o...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit vote delayed, Boris Johnson forced to ask EU for Article 50 extension

    • UK Parliament instead passes Letwin amendment, which forces new detailed Brexit withdrawal legislation to be tabled first. • Boris Johnson sends letter to EU asking for Brexit extension. EU sources reportedly likely to grant. • GBP bid on “no-deal” Br...

    ... level so far this week. USDCAD DAILY USDCAD HOURLY NOV CRUDE OIL DAILY EURUSD It feels like euro/dollar traders are trying to figure out what to do next this morning.  This weekend’s Brexit vote hype was essen...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets await historic Brexit "Super Saturday"

    UK House of Commons votes on Boris Johnson’s new, EU-approved, Brexit deal tomorrow. Markets settle into nervous lull. GBPUSD overnight options straddle trading over 200 pts. EURUSD and AUDUSD pressing fund short positions. Hawkish comments from the RB...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK/EU reach new Brexit deal but UK opposition parities not on-board

    • GBP surges but then reverses lower. 1-week option vols explode higher. 1-month risk reversals plummet. • Risk now rising that Saturday’s UK Brexit vote in the House of Commons will fail. • EURUSD continues yesterday’s rally off Fed Evans. EURGBP buyin...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EBC's Erik Bregar Offers 2 Free Weeks of Customized Market Coverage

    Limited time offer: Try out EBC’s customized market coverage free for 2 weeks!

    Source: EBC Trading Desk .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Main stumbling block to a Brexit deal has been removed, according to RTE.

    RTE News quoting two EU sources, claiming DUP acceptance of latest proposal. GBP pops. US reports weaker than expected Retail Sales for September. Some EUR and AUD buyers return. Canada reports weaker than expected CPI data for September. USDCAD inche...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China "Phase 1" deal optimism fizzles a bit

    • US to drop this week’s planned tariffs in exchange for China committing to 50bln/annum in ag purchases. • Nothing written down though. China now wants more talks before signing + removal of all tariffs to date. • S&P futures, US yields, crude oil off ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Surge in Brexit & China deal optimism leads to broad "risk-on" flows. Canada reports blowout jobs number.

    • GBP continues its “pathway to a possible deal” surge following “constructive” Barnier/Barclay meeting today. • Expectations high for some sort of mini deal or truce on the US/China trade front. Trump/Lui He meeting at 2:45pmET. • Canada reports +53.7k...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Whose head is spinning?

    • Conflicting US/China trade headlines make overnight trading chaotic. Risk-on now in full effect though after NY open. • US 10s back above 1.60%. German bunds back above -0.50%. Positive US/China trade headline on the way? • USDJPY surging back above...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell announces the need to add more bank reserves, but it won't be QE.

    • Powell: “Time is now upon us” for Fed to expand balance sheet. • Powell: “Growth of balance sheet for reserve purposes should not be confused with QE”. • Global markets in better mood following some positive US/China trade headlines. • USDJPY and CNH ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Negative Brexit & US/China trade headlines hit risk appetite

    • US blacklists 28 Chinese tech companies. China says “stay tuned” for retaliation strikes. • Chinese delegation might cut Washington trip short this week. Vice Premier not “special envoy” (SCMP). • GBP tanks after Boris Johnson tells Angela Merkel Bre...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China increasingly reluctant to agree to a broad trade deal with the US

    • Markets go mildly “risk-off” at the Sunday open, but recover. US/China talks to resume on Thursday. • November crude oil rallies 1% back above $53, pressures USDCAD into NY open. • EURUSD shakes off weak German Industrial Orders data, trade back above...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders bracing for weak US September NFP numbers

    • Market expecting +145k jobs created, but chatter suggests it could be even less. • “Fed rate cut trade” poised to end the week on a high note after weak US data. • EURUSD and AUDUSD knocking at chart resistance, while USDJPY searching for support. • U...

        Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or&nb...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dismal US ISM report invigorates Fed rate cut trade

    Bonds, Dec Eurodollars futures, gold and JPY all continue to trade higher. US ADP Employment Report for Sep misses expectations: +135k vs +140k. August ADP job gains revised lower by 38k. EURUSD resumes higher after blip lower from IFO’s German GDP down...

        Interested in creating a custom foreign exchange trading plan? Contact us or call EBC's trading desk directly at 1-888-729-9716. Get real-time market coverage on twitter at @EBCTradeDesk or&nb...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Reserve Bank of Australia cuts interest rates for the third time this year

    • RBA cuts rates by 25bp to 0.75%, leaves door open for more cuts. AUDUSD falling hard. • USDCAD benefits from AUD sales. Weak Canadian GDP growth for July helping. • EURUSD trying to bounce after slightly better than expected final Manufacturing PMI o...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD trades to new 2 year low

    • Weak technicals, mediocre German data, option expiries weighing on EUR. • Sterling holds 1.2290s support after mild beat on Q2 annualized GDP. • AUDUSD very quiet ahead of RBA interest rate decision tonight at 12:30amET. • USDCAD buyers return after o...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Nancy Pelosi announces impeachment "inquiry" against Trump

    • Trump calls Democrat’s bluff. Will release telephone transcript later today. • Markets not falling for Pelosi’s PR stunt. USD now higher after initially trading lower. S&Ps flat. • Pound craters as nobody proposes clear path forward on Brexit post...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK Supreme Court rules suspension of UK parliament was unlawful

    • Boris Johnson suffers another defeat, but the market likes it. GBPUSD rallies 50pts. • Sterling rally and topside option expiries help EURUSD shake off mixed German IFO report. • RBA’s Low says the Australian economy had reached a “gentle turning poin...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Germany's manufacturing PMI prints a new 10yr low this morning

    • EURUSD falls 50pts. Bund yield drop 6bp. German recession fears get dialed up a notch. • Risk-off flows knock S&Ps, USDJPY and oil prices lower. • USDCAD still struggling at 1.3300 chart resistance level. AUDUSD holding Friday’s lows. • GBPUSD drag...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian Retail Sales on deck

    • Market consensus is +0.6% MoM, +0.3% ex. Autos. • Traders also watching results of NY Fed’s latest repo operation. $75blnUSD to be offered overnight again today. • Sterling reversing yesterday’s upside breakout as traders await Juncker’s full intervie...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell disappoints markets again by brushing off repo mess

    • Fed rate cut recovers though after initially taking a hit. Bond yields and USD lower, gold higher. • NY Fed completes another 75blnUSD injection of liquidity into repo markets. Now 203bln in 3 days! • USDCAD backs off 1.3300 level, with Pompeo saber ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Repo goes berserko

    • US overnight treasury repo rates skyrocket to 7-10%, sparking bank liquidity fears. • No spillover effect into bond markets so far with US treasury and bund yields steady. • AUDUSD falls below 0.6855 channel support after dovish sounding RBA Minutes. ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil markets spike 15-20% higher after weekend attack on Saudi Arabia shuts down 50% of production

    • US Secretary of State Pompeo quick to blame Iran. China and Russia urging restraint. Iran slams accusations. • Saudi Arabia still exporting crude from stockpiles, but admits return to normal “may take months” (Reuters). • USDCAD, USDJPY and S&P futur...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR violently reverses higher post ECB press conference.

    • Bullish outside day forms on the EURUSD daily chart. German bund yield spikes higher. • Markets not so confident in ECB’s ability to fix what’s wrong with Europe. • GBPUSD breaks out to the upside following concessions from the UK DUP party on the Iri...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mario Draghi caves

    • ECB cuts deposit rate by 10bp. Resumes asset purchases of 20blnEUR/month, starting Nov 1st. • Calendar based forward guidance replaced with 2% inflation target. • EURUSD plunging and German bund yields falling, causing broad USD buying elsewhere. • M...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump says Fed "boneheads" should cut interest rates to zero "or less".

    • Jitters mount in the EURUSD options market ahead of big ECB meeting tomorrow. EUR retreats. • Boris Johnson’s proroguing of parliament ruled unlawful by Scottish court. GBP largely unphased. • AUDUSD pokes higher on Hu Xijin headline, but now reversi...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet. UK parliament now prorogued until October 14.

    • UK July employment report shows better than expected wage growth. GBP traders buy the dip. • Global bond yields tick up again in Europe but struggling into NY trade. USDJPY off highs. • Canadian Housing Start and Building Permit data beat market expe...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK July GDP surprises to the upside.

    • UK recession fears recede. Recent GBPUSD uptrend resumes. • Fed’s Powell from Zurich on Friday: NOT FORECASTING OR EXPECTING A U.S. RECESSION. • Fed rate-cut trade on the defensive to start Fed blackout period ahead of Sep 18. • Global yields and equ...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Schembri reiterates BOC's less dovish tone. China stimulates again. US & Canadian job reports on deck.

    • Canadian OIS market now pricing in just a 32% chance of a 25bp Bank of Canada rate cut in October. • USD rallies broadly after the better than expected US Non-Manufacturing ISM for August. • US and Canadian employment reports due at 8:30amET this morni...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada keeps rates on hold, but signals nothing with regard to rate cuts

    • Disappointed markets pare Canadian rate cut bets for October. USDCAD plunges. • All eyes now on BOC Deputy BOC Governor Lawrence Schembri speech at 12pmET. • US ADP employment report for August beats expectations: +195k vs +149k • US Non-Manufacturin...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Key technical reversals, weak US ISM, reduced "no-deal" Brexit risk propels USD lower

    • Bank of Canada rate decision up next at 10amET. • Traders expect no change to rates + more dovish tones to sow the seeds for a rate cut later this fall. • Barrage of Fedspeak on tap today as well: six Fed members speaking + Fed’s Beige Book report at 2...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets not in a good mood to start September

    • New US/China tariffs now in effect. S&Ps -23. Crude oil -3%. Gold +16. • EURUSD sales continue, following Friday’s key breakdown below 1.10. • GBPUSD falls below 1.20 level, but emergency “no-deal” Brexit vote sees a relief bounce. • RBA leaves rat...

    p{ text-align: justify; font-size: 16px; font-family: roboto condensed,helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%;...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP for June beats expectations

    • Canadian June GDP +0.2% MoM vs +0.1% exp. Q2 2019 reported +3.7% vs +3.0% exp. • USDCAD dips on the release, but still remains within recent range. • Bank of Canada rate decision on deck next Wednesday. How will they talk about the recent external ne...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Calm remarks from China's MOFCOM sparks risk-on bid

    • MOFCOM: Opposes escalation of trade war, willing to resolve, hopes US can meet China half-way. • S&Ps and crude oil trade higher, while global bonds move moderately lower. • EURUSD bogged down by weak German CPI and dovish comments from Christine Lagar...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson asks the Queen to formally UK prorogue parliament

    • GBPUSD falls 0.7% as UK opposition leaders go into an uproar. Queen’s speech set for Oct 14. • Italy looks set to avoid elections and form a new coalition government. EURUSD traders don’t care. • USDCAD saved yesterday by deepening yield curve invers...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    GBP resumes rally following joint statement from UK opposition to stop a "no-deal" Brexit.

    • Euro continues on the defensive, with German economic woes and Italian political anxiety weighing. • Commodity currencies outperformed yesterday following Trump-driven ramp to risk assets. • AUDUSD traders looking at potential follow-through of bullish...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dazed and confused.

    • Traders try to make sense of this weekend’s surreal US/China trade headlines. • Markets go risk-off at Sunday open following late Friday Trump tariff increase on China. • Comments from China’s Liu He appear to restore calm in Europe. Trump says “two v...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China announces retaliatory tariffs on the US. Over to you now Jerome Powell.

    • China to levy retaliatory tariffs of another $75bln on US goods, starting September 1st. • Global Times editor-in-chief Hu Xijin tweets earlier “The US side will feel the pain”. • Canadian Retail Sales beat: 0.0% MoM vs -0.3% on the headline, +0.9% vs ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FOMC Minutes stoke confusion, but "Fed rate cut trade" unwinds a bit further.

    • Bond, Eurodollar and gold futures all lower post FOMC Minutes. USDJPY back at yesterday’s session highs. • Germany reports better headline Manufacturing PMI for August, but report shows weak internals. • EURUSD whipsaws above and below 1.1090s follo...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive Brexit comments from Angela Merkel leads to broad USD sales yesterday. FOMC Minutes on deck.

    • Merkel on the Irish backstop: “we will think about practical solutions”…“we have made our offer to work closely”. • Broad USD sales reverse a bit in Europe following negative comments from other German officials. • October oil prices break above 56.50....

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD trading quietly, building upon yesterday's gains.

    • EURUSD gives up trying to hold 1.1100 level. German bund yields back down to -0.70%. • GBPUSD back in sell mode after the EU’s Tusk rejects Boris Johnson’s demand to remove backstop. • RBA Minutes don’t offer new monetary policy clues. AUDUSD still p...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk bid in quiet start to the week. Powell speaks at Jackson Hole on Friday.

    • Markets continuing Friday’s “risk-on” move from Speigel report: German ready for deficit spending if recession hits. • Fed rate cut trade also dialing back bets ahead of speech from Jerome Powell at Jackson Hole. • Bundesbank sees risk of Germany enter...

    ...   USDCAD DAILY USDCAD HOURLY SEP CRUDE OIL DAILY     EURUSD The euro caught on bid during NY trade on Friday after Spiegel reported that Germany was “ready for deficit spending” sh...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Global risk tone relaxing a bit as US 10s2s spread trades wider, back above zero.

    • S&P futures +26. Bonds, Eurodollars, and gold trading off yesterday’s highs. • Still no love for EURUSD as the ECB’s Rhen hints at monetary policy bazooka in September. Bunds trade to new lows -0.72%. • AUDUSD struggling to build upon Australian job ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China hopes US will meet it half way. US Retail Sales, Philly Fed and Empire Survey all beat expectations.

    • China threatens tariff retaliation but then says it hopes US will meet it half way on trade. • Risk assets gyrate in overnight trade, but positive US economic data gives sense of optimism for NY trade. • Sterling outperforming after UK Retail Sales for...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Recession fears grow as the 10s2s yield curves go inverted in the UK and the US

    • Global “risk-off” in full effect this morning. Stocks/oil down while bonds/gold/Eurodollars/USD up. • Bad July Chinese Industrial Production/Retail Sales data, German Q2 GDP contraction add to doom and gloom sentiment. • Sterling finds bid after bette...

    ...t a fire under risk assets which sent stocks, oil prices, the Chinese yuan and commodity currencies soaring higher while bonds, eurodollar futures, the USD and the JPY all collapsed lower.  The first headline said that Chinese Vice Premier spoke with ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German ZEW misses. US CPI beats. USDCNH steady.

    • German July ZEW misses: Current Situation -14.5 vs -7.0 exp. Expectations Index -44.1 vs -28.5 exp. • US July CPI beats on the headline: +1.8% YoY vs. +1.7% exp, but wage growth disappoints MoM. • EURUSD traders shake off weak German data, so far shak...

    ...D HOURLY SEP CRUDE OIL DAILY     EURUSD It’s been a rocky overnight session for euro/dollar.  It all started with a rather discouraging NY close yesterday, which saw the market fail to finish above the 1...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The Fed disappoints the uber doves but US/China trade war escalation sees global interest rates resume downtrend

    • Fed cuts interest rates by 25bp, cites cut as insurance, mid-cycle adjustment and not the start of a rate cutting cycle. • Interest rate markets collectively say “ya-right” the next day and resume downward trend. • Trump threatens new 10% tariff on $30...

    ...h) and we think gold's ascent to new highs above the $1500 mark is giving these traders something to think about.  The euro had a rough open to the week this morning after the German 10yr bund yield opened closer and closer to the -0.60% level and...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mario Draghi disappoints the doves, leads to Fed rate cut jitters ahead of next week's FOMC meeting.

    • ECB keeps deposit rate unchanged at -0.40%. Admits rate cuts not even discussed. • ECB exploring options to reinforce its forward guidance on policy rates. • Fed rate cut trade takes a hit as markets fear Powell might disappoint next week as well. • ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German Manufacturing "in freefall" according to IFO. Over to you Mario Draghi.

    • July German IFO survey: 92.2 vs 94.0 exp for Expectations, 95.7 vs 97.2 exp for Business Climate. • All eyes now on ECB press release up next at 7:45amET. Mario Draghi press conference at 8:30amET. • OIS pricing still pricing in 40% chance of 10bp cut...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Germany's flash PMI for July surprises to the downside again

    • German flash PMI (July) misses: 51.4 vs 52.3 exp. 52.6 prev. • Eurozone flash PMI (July) misses: 51.5 vs 52.1 exp. 52.2 prev. • German bund yield back down to -0.38%. EURUSD pressuring 1.1130-40s chart support. • AUDUSD losses 0.7000 support in Asia...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson becomes new UK Prime Minister

    • GBPUSD gyrates a little bit after the announcement, but not much has changed re: Brexit. • “Fed-rate cut trade” unwinds a little further. EURUSD and AUDUSD slump after poor technical closes in NY yesterday. • USDCAD continues higher, with broad USD de...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed enters blackout period ahead of next week's meeting

    • No Fed members can speak until FOMC meeting on July 31st. • Fed rate cut trade still licking its wounds after Friday’s reversal of Thursday’s breakout. • Oil markets taking Iran’s seizure of UK-flagged Stena Impero in stride. • Canadian Wholesale Sale...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed's Williams goes uber dovish yesterday. NY Fed and Bullard try to dial it back.

    • Embarrassing Williams fiasco sees “Fed rate cut trade” explode higher, then retrace. • EURUSD and Italian markets fretting about possible snap election in Italy. • Canadian Retail Sales for May miss expectations: -0.1% MoM vs +0.3%. • Fed’d Bullard to...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU's Barnier "ready to work on alternative arrangements” regarding the Irish border

    • GBP rallies across the board. Lawmakers now voting on plan to make it difficult for future PM to prorogue parliament. • EUR sells off following Bloomberg report about ECB studying revamp of inflation mandate. • Crude catches a bid following reports of...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive talk on Iran clubs oil prices yesterday, lifts CAD crosses

    • USDCAD back near 1.3070s pivot. EURCAD back above 1.4640s. • Canada reports mildly weaker CPI report for June. May Manufacturing Sales miss expectations. • US reports weaker than expected June Housing Start and Building Permit data. • GBP looks the ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson & Jeremy Hunt declare Irish backstop dead

    • GBPUSD plunges to Jan 3rd flash crash lows. EURGBP finally breaks above 0.9000. • German ZEW for July MISSES: -24.5 vs -22.3 for Economic Sentiment and -1.1 vs +5.0 for Current Situation. • EURUSD falling with GBPUSD and EURJPY cross sales. • US Reta...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Upbeat Chinese industrial production data for June lifts CNH and commodity currencies

    • China June Industrial Production +6.3% YoY vs +5.2% exp. Chinese yuan and copper prices rally. • USDCAD pressuring 1.3020s while AUDUSD inches higher towards 0.7040s. • EURUSD and GBPUSD struggling with overhead chart resistance. GBP lags as EURGBP m...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rally in bund yields, hotter US inflation data and not-so-dovish Fed-speak stifles Fed rate-cut trade

    • German bund yield extends to new 2 week highs of -0.23%. • Fed’s Barkin, Bostic and Quarles speak more positively about US domestic outlook. • Broader USD mixed, with commodity currencies extending post Powell gains, while EUR and GBP lag. • State of ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Everyone's blaming it on trade tensions. Could it be something more?

    • Powell cites increased risks of trade tensions, slowing global growth, low inflation in testimony to Congress. • Rate cut of 25bp at July 31 FOMC meeting now a foregone conclusion. Odds of 50bp cut increase back up to 30%. • Bonds recover, August gold...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Powell at 10amET. Text of testimony to be released at 8:30amET.

    • Bank of Canada interest rate decision and Monetary Policy Report at 10amET as well. Press conference at 10:15amET. • USDCAD overnight options pricing predicting 70-80pt intra-day range. • August crude 2% higher after weekly API reports shows larger th...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed rate-cut trade get nervous ahead of Powell testimony

    • US treasuries, Eurodollar futures, and gold dip lower again. USD broadly higher. • Sterling takes out chart support at 1.2500, trades to new 6 month lows. Funds continue to short the market. • EURUSD getting dragged lower as ECB bond buying talk make...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet. Deluge of Fed-speak on tap this week.

    • Fed’s Powell to deliver semi-annual MPR before Congress on Wednesday and Thursday. • FOMC Minutes and speeches from the Fed’s Bostic, Quarles, Barkin and Kashkari also expected. • Fed rate-cut trade gets hit on Friday following upbeat June payrolls rep...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The rush for global government bonds goes into overdrive

    • Over $13.4 trillion in global debt now yielding below zero. German bund yield matches ECB deposit rate, -0.40%. • LIBOR curve up to 1yr remains inverted. Entire US treasury curve up to 30yrs now yields less than Fed funds. • US reports weaker than ex...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Poor global manufacturing PMIs for June + renewed EU tariff threat snuff out mild G20 optimism

    • June Manufacturing PMIs disappoint across Asia and Europe, putting renewed pressure on bond yields. • US threatens EU with $4bln worth of new tariffs amid ongoing spat over aircraft subsidies. • OPEC and Russia agree to extend production cuts as expect...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders eyeing Canadian GDP, Business Outlook survey, G20 and OPEC ahead of long weekend

    • Canadian April GDP expected +0.1% MoM. Bank of Canada’s Business Outlook Survey out at 10amET. • Traders on G20 & OPEC watch as well. • USDCAD threatening break of 1.3080s chart support. AUDUSD trading as if G20 will not yield any negative surprises....

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    WSJ article sours risk mood ahead of G20

    • China’s President Xi is reportedly set to present President Trump with a set of terms. • Markets anticipate Trump to respond negatively. • USDCAD continues to struggle as oil prices make another run for $60 ahead of the OPEC meeting next week. • EURU...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mnuchin says US/China trade deal is 90% complete...again

    • Rehash of April FT headline sees equities, bond yields, CNH and commodities currencies all higher. RNBZ keeps rates unchanged. • Gold falling 0.8% with yesterday’s bearish hammer close not helping. • US Durable Goods Orders for May come in mixed. Week...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fedspeak Tuesday features speech from Jerome Powell at 1pmET

    • Fed’s Powell to speak at CFR in speech titled Monetary Policy Strategy, Tools and Communication Practices • Investors continue to pile into the safe havens as Iran diplomacy takes a turn for the worse. • German bund yields trade to new lows, US 10s pre...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump says Fed "doesn't know what it is doing"

    • Questions still on everyone’s mind following last week’s sudden capitulation from the Fed. • EURUSD extends gains following Friday’s break above 1.1340s. Funds continue to cover shorts. • GBP and AUD traders add to shorts as charts start to bottom. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The Fed just capitulated

    • FOMC gives markets what it wanted; hastily signals US rate cuts to come this summer/fall. • Powell cites increased trade uncertainty, weaker business investment, prolonged inflation shortfall. • Fed’s Bullard dissented; wanted FOMC to cut 25bp yesterda...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed under pressure today to cave to market's demand for rate cuts later this year

    • Interest rate traders pricing in 25bp cut for July and another 60bp of easing by year’s end. USD traders not so optimistic. • Canadian CPI for May surprises to the upside, +2.4% YoY vs +2.1% exp. • Trump continues to put political pressure on Powell t...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Super Mario unleashes dovish surprise ahead of Fed meeting tomorrow

    • European bond yields plunge, market pricing for ECB cuts moved up 7 months. • EURUSD falls to 1.1180s support but comments from Trump & Praet help the market bounce. • AUDUSD bounces off 0.6830s support. Dovish RBA Minutes were nothing new for traders...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Retail Sales comes in mixed for May, but with surprise positive revisions to April data

    • Fed rate cut frenzy trade gets dialed back. Gold, bonds, Eurodollar off highs. USD broadly higher. • Pressure mounts for ECB to cut rates too as 5y5y inflation swap forwards trade to new lows 1.14%. • German bunds trade to new lows -0.27%. EURUSD no...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil prices surge 4% after two tankers attacked in the Gulf of Oman

    • USDCAD recedes off chart resistance in the 1.3330s, but no risk-off flows evident. Gold and JPY steady. • EURUSD testing chart support in 1.1270-80s after losing 1.1310s yesterday. • Boris Johnson shows commanding lead in Tory leadership race. Wins ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed rate cut trade now looking for soft US May CPI figures to support

    • Traders expecting +1.9% YoY & +2.1% ex food and energy. • Crude oil continues lower after bearish APIs. Weekly EIA report out at 10:30amET. • European 5y5y inflation swap trades to new record lows, doesn’t help ECB. • Boris Johnson not aiming for no-...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Quiet FX markets await fresh catalysts. US May PPI on deck.

    • Traders expecting US PPI +2.0% YoY for May and +2.3% ex. Food and energy. • UK wage growth for May beats expectations, helps GBP mildly outperform. • PBOC fixes CNY higher last night. USDCNH recedes off 6.94 handle. • Option expiries in play for EURU...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mexico tariffs averted as US & Mexican negotiators reach deal

    • MXN surging 2%. Global risk-off trade reverses. Gold drops and bond yields bounce. • USDCAD still in the pits following double whammy of negative US/positive Canadian jobs data on Friday. • GBPUSD gives up post NFP gains following much weaker than ex...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's jobs Friday!

    • Traders expecting +185k new jobs in the US and just 5-8k new jobs in Canada for May. • PBOC’s Yi Gang says China has “tremendous” room to adjust monetary policy if the trade war deepens. • USDCNH pops when Yi says “no number is more important than any ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB extends "on-hold" rate guidance until 1H 2020, killing rate cut speculation heading into meeting.

    • Mario Draghi’s press conference now underway. Live link here: https://t.co/N52MkNqX25 • EUR buying leading broad USD selling into NY trade. GBP, AUD, CAD all trade higher. • USDJPY continues to struggle as US 10s, gold, Dec Euros continue to focus on...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    RBA cuts rates 25bp. Markets calm down ahead of speech from Powell.

    • Australia central bank cuts rates by 25bp to 1.25% and continues to hint at another cut by years end. • AUDUSD barely unchanged as Governor Lowe has telegraphed this outlook for over a month. • S&P futures, US yields and the broader USD bounce ahead of...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Gold prices and Eurodollar interest rate futures race higher to start week

    • Traders starting to seriously price in Fed rate cuts for later this year. Broader USD suffering as a result. • USDCAD records bearish reversal on Friday’s chart. Bounce in oil prices not helping today. • EURUSD technicals turn increasingly positive w...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump to slap Mexico with 5% tariff. China readies plan to restrict rare earths.

    • Canadian GDP for March/Q1 comes in mixed. • USDCAD struggling to benefit considerably from global risk aversion flows. 1.3510s pivotal for the current rally. • EURUSD follows gold prices higher, ignores weak German data. • GBPUSD selling resumes foll...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada rate decision in focus for USDCAD traders, with risk aversion flows supporting

    • Bank of Canada decision at 10amET. No press conference. No change expected with balanced outlook. • S&P futures -20. US 10s down 4bp to 2.22%. Global investors fleeing to bonds. • USD seeing broad demand, but the move is fading into NY trade. • Ge...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed in quiet start to holiday shortened week

    • US traders returning from Memorial Day long weekend devoid of major US/China trade headlines. • USDCAD bouncing but trend-line resistance in the 1.3470s capping. • EURUSD holding support in the 1.1170s after Thursday’s gold-inspired bullish outside day...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rising US oil inventories save USDCAD. Markets in risk-off mode again today

    • China warns the US to correct wrong doings. PBOC reiterates it has the tools to keep the yuan stable. • Germany’s Markit PMI and IFO survey for May miss expectations. Eurozone Markit PMI also disappoints. • Theresa May facing cabinet mutiny as Andrea...

    ... USDCAD DAILY USDCAD HOURLY JUN CRUDE OIL DAILY     EURUSD So it turns out euro/dollar chart support in the 1.1160s didn’t hold as we headed into the NY close yesterday.  We think this gave th...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian core Retail Sales for March smash expectations (+1.7% MoM vs +0.9%)

    • USDCAD retreats further. Fibonacci chart support in the 1.3370s now pivotal for near term direction. • Theresa May’s Brexit gambit backfires. 1922 Committee meets at 11amET. • Talk swirling that Theresa May could be out of a job by Sunday. • Sizable...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Hawkish comments from Poloz and lifting of US/Canada metal tariffs sees USDCAD u-turn lower

    • USDCAD now testing 1.3400 chart support. Canada reports March Retail Sales tomorrow. • RBA’s Lowe considering rate cut in two weeks. AUDUSD retreats to fill Sunday opening gap higher following elections. • AUD selling dragging EURUSD lower, but marke...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets on edge once again as the Chinese reportedly lose interest in negotiating

    • China sees little sincerity in the US approach to trade talks. • Oil prices trading bid as two new US war ships enter Persian Gulf. • Tory/Labour Brexit talks formally break down. Boris Johnson enters Tory leadership race. • Broad demand for USD se...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Housing Starts, US Philly Fed, Canadian Manufacturing Shipments all beat expectations

    • USDCAD trying to recover after planned Trump auto tariff delay sees broad USD selling yesterday. • EURUSD back on the defensive after two failed attempts to get above 1.1220s. Strong US data this morning not helping. • GBPUSD continues to be plagued b...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk off flows back in action. US Retail Sales and Canadian CPI figures for April up next.

    • Traders expecting +0.2% MoM and +0.7% MoM ex. Autos for US Retail Sales. • Consensus looking for +0.4% MoM and +2.0% YoY for Canadian CPI. • Australian May Consumer Confidence and Q1 Wage Price Index misses expectations. • Chinese April Retail Sales a...

    ...bsp; Dollar/yuan is trading steady today, and has so far not taken out this weeks highs in the 6.9190s.  The ECB’s Coeure will be speaking at 10:15amET this morning and the ECB’s Praet will be taking the mic at 12:30pmET.   &...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump believes discussions with China will be very successful. Expects outcome in 3-4 weeks

    • S&Ps +20, USDJPY bounces, USDCNH off yesterday’s highs. • Italy’s Salvini giving EUR traders an excuse to sell. EURUSD decouples from gold prices for now. • Sterling toying with both sides of 1.2930s pivot, but sellers now taking over. • AUDUSD stari...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China trade war heats up. China retaliates with $60bln in new tariffs effective June 1

    • S&Ps -60. USDCNH explodes higher once again, now above 6.90. Gold prices spiking $10 higher, lifting EURUSD. • GBPUSD following the Euro higher, albeit mildly. Trade-sensitive AUDUSD lags as copper losses 1.7%. • USDJPY collapses amid risk-off flows...

    ...uction (March) Wednesday: German GDP (Q1), Italian Industrial Sales (March), Eurozone GDP (Q1), speeches from ECB’s Coeure and Praet Thursday: Italian CPI (April), speeches from ECB’s Coeure and De Guindos Friday: Eurozone CPI (Apri...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian April employment report in focus. Tariffs raised on China overnight, but US/China talks set to continue.

    • Traders expecting 10k jobs gained, +2.3% YoY growth in wages, and 5.8% on the unemployment rate. • US CPI report for April expected +2.1% YoY and +0.4% MoM. • EURUSD following gold prices over the last 24hrs. • AUDUSD higher initially post RBA Monetar...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets on edge as Chinese trade delegation set to arrive in Washington today

    • S&Ps -20. USDJPY offered once again. USDCNH breaks out above the 6.82s. • USDCAD and EURCAD struggle to break 1.3500 and 1.5100 respectively. • EURUSD holding steady amid slew of option expiries at current levels. • China releases its April CPI in-l...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China backtracked on nearly all aspects of US trade deal, according to Reuters

    • Reuters article leads to more S&P selling, but USD demand not so widespread today. • EURUSD holding up as German Industrial Production for March beats expectations. • GBPUSD notably underperforming as Tory/Labour talks appear to have broken down. • AU...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    European Commission chops Germany's 2019 growth forecast in half

    • EURUSD sales leading broad USD strength into NY trade. • S&P futures volatile, as Lighthizer/Mnuchin confirm Trump’s China tariff threat for Friday. • China to send Vice Premier Liu He to Washington after-all, but only on Thursday. • German Factory Or...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump shocks markets with tweet about raising tariffs on China this Friday

    • Shanghai Composite crashes 5.6%. Chinese Yuan collapses. USD, JPY and bonds go bid. • USDCNH blasts higher through 6.7450s. AUDUSD gaps lower. USDCAD gaps higher. • Hefty option expiries and upbeat Services PMI data keeps EURUSD as the directionles...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading bid ahead of the US non-farm payrolls report

    • Traders expecting +190k jobs gained for April. • US Non-Manufacturing ISM out at 10amET. Slew of Fedspeak on deck after that. • Fed’s Evans speaks at 10:15am. Clarida 11:30amET. Williams 1:45pmET. Bowman 3pmET. • UK Markit Services PMI misses expe...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell sees low inflation as transitory. USD goes bid post Fed meeting

    • April Manufacturing PMIs out of most of Europe surprise to the upside, but Germany’s number disappoints. • Bank of England keeps monetary policy unchanged. Raises GDP forecasts but trims inflation projections. • Sizable, post-Fed, option expiries in p...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive Poloz kills upside USDCAD momentum. US ADP employment report beats expectations.

    • US ISM (April) up next at 10amET. Weekly EIA oil inventory report at 10:30amET. • FOMC announcement at 2pmET, followed by press conference at 2:30pmET. BOC’s Poloz speaking again at 4:15pmET. • Treasury secretary Mnuchin concludes “productive” meetin...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP contracts 0.1% MoM in February. Data helps to stem USDCAD selling

    • Canadian GDP for February misses estimates: -0.1% MoM vs 0% and +1.1% YoY vs +1.4%. • Canadian Raw Material Price Index misses: 2.8% vs 3.9% for March. • Italian and Eurozone preliminary Q1 GDP beat estimates, helps boost EURUSD. • GBPUSD rallying hig...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading quietly bid ahead of busy week

    • China PMIs for April out tonight. Fed meets on Wednesday. US Employment Report on Friday. • Leveraged funds add to USD longs against EUR, GBP, AUD and JPY (during week ending April 23). • S&P affirms Italy’s BBB credit rating. • Brexit headlines few...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US headline GDP figures for Q1 2019 beat expectations, but inflation readings disappoint

    • USD shoots higher initially, then reverses lower. FOMC meets next Wednesday. • Rumor of waiver for China on Iran oil imports hurting oil prices, but USDCAD fails to really benefit. • EURUSD, GBPUSD and AUDUSD attempting short covering rallies post US ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada delivers more dovish than expected hold to interest rates. Broad USD buying continues today

    • US Durable Goods for March beat expectations, +2.7% MoM vs +0.8%. • Stephen Poloz tries to kill rate cut speculation, USDCAD struggling a bit at post BOC highs. • EURUSD trades to new 2yr low, but buyers trying to step in now at 1.1120s chart support. ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Australian CPI disappoints. Bank of Canada rate announcement up next at 10amET.

    • Weak Australian Q1 CPI sees AUD plunge lower. RBA rate cut speculation increases. • Bank of Canada expected to hold rates steady at 10amET. Press conference at 11:15amET. • USDCAD breaks higher out of 6-week triangular consolidation. • Crude oil pri...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Talk of China potentially curtailing economic stimulus hurts Chinese stocks, yuan and commodity currencies

    • China stocks off 1.5%. USDCNH through 6.7190. AUDUSD loses 0.7120s. USDCAD back at range highs. • Sellers pounce on EURUSD and GBPUSD at overnight chart resistance. Both pairs now seeing heavy selling into NY trade. • UK parliament returns from Eas...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US to end Iran sanction waivers for oil importers. Markets otherwise quiet on this Easter Monday.

    • June crude oil gallops 2% higher, sees USDCAD ease slightly off Thursday’s highs. Bank of Canada decision on Wednesday. • EURUSD drifts higher. German IFO tomorrow. US Durable Goods on Thursday. US Q1 GDP on Friday. • GBPUSD slips further as the fu...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Poor German and Eurozone Manufacturing PMIs sees broad demand for USD today.

    • EURUSD falls through chart support in the 1.1270-80s. • GBPUSD follows the Euro lower. Bounce from better UK Retail Sales data proves short lived. • Australia reports better than expected job growth for March, but EURUSD sales weigh on AUD. • US & Ca...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Upbeat Chinese data boosts copper and commodity currencies. Canadian CPI for March up next.

    • Chinese Industrial Production & Retail Sales data for March plus Q1 GDP all beat estimates overnight. • AUDUSD knocking on door of 0.7190-0.7200 resistance, where over 1.5blnAUD in options also expire today. • USDCAD under pressure with crude oil bid c...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY trade. US Industrial Production up next.

    • EURUSD choppy with both dovish and hawkish ECB headlines. German ZEW survey for April comes in mixed. • GBPUSD feeling the pressure as EURGBP longs reassert themselves. UK employment report meets expectations. • AUDUSD falls after dovish RBA Minutes,...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada's quarterly Business Outlook Survey in the cross hairs

    • USDCAD traders anxiously await report at 10:30amET, as market loses chart support in the 1.3330s. • EURUSD and AUDUSD mildly bid in quiet start to the week. • GBPUSD knocking on the door of 1.3115-25 chart resistance. UK parliament now on Easter break...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Massive M&A flows in EURJPY spurs broad risk-on wave across global markets

    • EURJPY surges around 4amET. Stocks, commodities and all major currencies shoot higher against the USD and JPY. • China reports better than expected export growth for the month of March (+14.2% YoY vs +7.3%). • China New Loans for March +1,690bln vs +1...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit day extended to Oct 31. Swift move lower in gold prices driving broad USD strength into NY trade

    • EU grants UK six month extension to ratify Brexit withdrawal agreement. GBP directionless. • June gold prices tumbling back below 1310 into NY trade. • USDCAD probes above chart resistance zone in the 1.3360-70s. • International Energy Agency cites “...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Super Wednesday kicks off with bullish OPEC supply news, mixed US CPI and a dovish Mario Draghi

    • Weekly EIA oil inventory report up next at 10:30amET. FOMC Minutes at 2pmET. Emergency EU Summit underway re: Brexit. • Mario Draghi speaking to reporters following latest ECB decision to keep monetary policy unchanged. • EURUSD reversing lower. AUD...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump announces $11bln in new tariffs against the EU

    • EURUSD little fazed on the headlines. Market bid above 1.1270s, with massive option expiries adding weight. • GBPUSD pops on rumors of Germany being amenable to a 5yr time limit on Irish backstop, then fizzles when reports denied. • AUDUSD builds upon...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trades broadly lower to start week

    • EURUSD shorts at CME at new 32 month high ahead of the ECB policy meeting this Wednesday. • Brexit April 12th deadline looms. Theresa May to meet Germany’s Merkel ahead of emergency EU summit on Wednesday. • AUDUSD riding coattails of EURUSD and coppe...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's the 1st Friday of the month. That means payrolls!

    • Traders expecting +180k jobs gained in the US for the month of March, and just 1k gained in Canada. • Consensus expects +3.4% MoM wage growth in the US and +2.2% MoM for Canada. • USDCAD and USDJPY toying with upside breaks of chart resistance. • GBPU...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading quietly higher ahead of US & Canadian employment reports tomorrow

    • USDCAD inching higher, with 1.3350-60 resistance channel acting as today’s pivot. • EURUSD slips lower following abysmal German Factory Order data and rumors of an Italian GDP downgrade for 2019. • GBPUSD sees selling traders give up on attempts to bre...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Better than expected Australia and European data propels risk sentiment higher today

    • Australia reports stellar Retail Sales and Trade Balance data for February. • Pan-European Services PMI data beats expectations. • S&P futures trading higher while the USD trades broadly lower. • USDCAD hugging pivotal chart support at 1.3300. • US A...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Durable Goods for February on deck

    • Traders expecting -1.8% MoM. • USDCAD continues to struggle as stocks and crude oil extend gains. • AUDUSD falls after the RBA reiterates its neutral economic outlook. • GBPUSD trading lower again after the UK parliament fails to reach majority on fou...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Huge beat on Chinese manufacturing PMI boosts risk sentiment to start week

    • US Retail Sales and US ISM figures on deck today. • USDCAD holding chart support in the 1.3340-50s. BOC’s Poloz speaking at 3:10pmET. • EURUSD pivoting around the 1.1230s while AUDUSD wrestling with the 0.7120s. • GBPUSD rallying after a surge in the...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Happy Brexit day

    • Britain was supposed to formally leave the EU today. UK lawmakers to vote on withdrawal agreement portion of Brexit deal at 9:30amET. • GBPUSD rallies off overnight lows on rumors that the Labour party will support Theresa May today. DUP party still d...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders continue to buy USD broadly as fears mount about Brexit deadlock and Turkish money markets

    • GBPUSD down 100pts lower from NY close. Turkish lira down 5%. • US final read on Q4 GDP disappoints, +2.2% YoY vs +2.4% expected. • EURUSD extends losses after 1.1240s support gives way. • AUDUSD hanging in there with option expiry and copper prices ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    New Zealand central bank surprises markets with dovish turn in monetary policy outlook

    • NZDUSD plunges 1.6%. Drags AUDUSD lower and helps to keep USDCAD bid. • EURUSD bounces after comments from Mario Draghi. German 10yr bund yield hits 2 ½ year low prior to that. • GBPUSD inches higher ahead of Parliament indicative votes, but still co...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY trade

    • US Housing Starts for February miss expectations (1.162M vs 1.21M or -8.7% MoM vs -1.6%). • USDCAD trying to hold 1.3390s despite May crude oil galloping 1.8% higher. • AUDUSD drifting higher, with RBNZ rate decision on deck tonight. • GBPUSD rallies ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Better than expected German IFO survey calms some investors nerves

    • German bund yields trade back above zero. EUR and S&P futures bounce. • USDCAD holding gains above 1.3420s support as May crude oil struggles to regain $59. • GBPUSD drifts higher as Theresa May’s cabinet revolts. • AUDUSD following EURUSD higher, re...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Terrible German manufacturing PMI spooks markets

    • Germany Markit PMI for March comes in at 44.7 vs 48.0 expected. • Risk-off waves sweeps across markets. German bunds now yielding below zero. • Sterling avoids the selling as EU allows two-week Brexit extension. • USDCAD benefitting from broad risk o...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed outlook gives markets another dovish surprise, but traders now fretting over the underlying reasons for it

    • USDCAD roars back from post Fed lows, now threatening to break above 1.3330s. • EURUSD slips after testing 1.1420-30s resistance. • GBPUSD falls further today as traders angst about what the EU will allow in terms of a Brexit extension. • AUDUSD exten...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on the Fed today, with traders expecting modestly dovish tone to outlook

    • EURUSD drifts back up to trend-line resistance in the 1.1360s as USDCNH recedes. • AUDUSD recovers after cautious comments from the RBA’s Bullock. • GBPUSD falling hard now as Theresa May confirms request made to EU for short Brexit extension. • USDJP...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD uptrend at risk of unraveling

    • USDCAD now plunging as 1.3305 trend-line support gives way. • May crude oil continues rally after breaking out above 58.80s yesterday. • EURUSD drifts higher again but struggles at familiar resistance in the 1.1360s. • Sterling shorts cover at 1.3190-...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Optimism for a dovish Fed lifts broad risk sentiment to start week

    • S&Ps, oil, copper all higher while USD trades mixed to lower. • FOMC meets on Wednesday. Economic calendar quiet before then. • USDCAD holds trend-line support at the 1.3300 level. • EURUSD and AUDUSD drift higher as some trend-line resistance gives ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China talks up further stimulus & US/China trade progress, but risk-on bid from Yuan strength now evaporating

    • April crude oil gives up 58.30s. USDCAD regains 1.3330s after bouncing off 1.3280-90s support. • EURUSD continues to struggle with 1.1320s resistance. Huge option expiries likely weighing as well. • GBPUSD trading calmly for a change. UK parliament ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Weak Chinese Industrial Production figures for January ignite broad USD buying

    • USDCNH surges through 6.72. Copper falls 1.4%. • EURUSD and AUDUSD peel back yesterday’s gains, while USDCAD bounces off 1.3280-90s. • GBPUSD explodes higher following failure of the “no-Brexit deal” motion yesterday. • Volatile session underway for ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling bid after Theresa May loses 2nd meaningful Brexit vote yesterday. "No deal" Brexit vote on deck at 3pmET today.

    • Shorts cover after traders could not push GBPUSD below 1.3050s yesterday. The 1.3140-50s are now resisting. • EURUSD benefits from weak US CPI yesterday, but market still undecided with upside break of 1.1300 level. • AUDUSD lagging today following we...

    ...ose above the 1.1300 level could be pivotal as it would improve the market’s technical structure.  The ECB’s Coeure will be speaking today at 1pmET. GBPUSD: Sterling is up almost 100pts this morning from the NY close yes...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling goes on a Brexit roller-coaster ride

    • Last minute Theresa May trip to Strasbourg ignites 200pt rally in GBPUSD yesterday. • UK Attorney General says legal risk for the UK remains unchanged re: Irish backstop. GBPUSD collapses. • EURUSD putting fund shorts to the test with 1.1270s trend-li...

    ... Chart support comes in at the 1.3375-80 level, while resistance is 1.3410, 1.3425, then 1.3450. EURUSD: The euro/dollar market has been putting the entrenched fund short position to the test this morning by tripping buy stop orders abov...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US reports better than expected Retail Sales for January, but an already bad December number is revised lower

    • US January Retail Sales +0.2% MoM vs -0.1%; December revised -1.6% MoM vs -1.2% originally reported. • USDCAD bid, but within Friday’s post-employment report range (1.3405-1.3430). April crude oil bid on Saudi headlines. • EURUSD traders trying to hol...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD plunges following ECB's announcement of new TLTROs and no rate hikes for 2019

    • EURUSD falling through 1.1280s support. ECB press conference now underway. • Sterling on the defensive as well following reports that Theresa May will likely lose next week’s vote on her Brexit plan. • AUDUSD hanging in there despite stronger Trade Ba...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD continues higher ahead of Bank of Canada meeting

    • Decline in oil prices + weak AUDUSD helping USDCAD test resistance in the high 1.33s. • Dovish hold to interest rates expected from the Bank of Canada at 10amET. • AUD plunges as Australian Q4 GDP disappoints. Rate cut calls now making the rounds. • ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling losses lead broad USD strength into NY trade

    • USDCAD higher, but now running into chart resistance at 1.3340s. Bank of Canada meets tomorrow. • EURUSD holding support in the 1.1310-20s as the pan-European Services PMIs beat expectations. • GBPUSD falls despite upbeat UK Services PMI as algos sell...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD downtrend broken after Canada reports weaker than expected Q4 GDP

    • USDCAD now trading above 1.3260-70s, but gains fading as crude oil prices recover from Friday’s ISM-driven slump. • Bank of Canada meets on Wednesday. ECB meets on Thursday. • EURUSD continues to follow gold prices lower since 10am on Friday. Buyers ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD remains offered ahead of Canadian Q4 GDP figures

    • Traders expecting +1.2% QoQ Canadian GDP growth in Q4, and 0% growth for December. US Feb ISM out at 10amET. • April crude oil prices continue to trend higher. • Volatile 24hrs for EURUSD leaves traders whipsawed ahead of the weekend. • Sterling leak...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Significant beat on US Q4 GDP propels USD higher into NY trade

    • US Q4 GDP reported +2.6% QoQ vs. +2.3% exp. • Canadian Industrial Product Prices -0.3% MoM in January vs +0.1% exp. • USDCAD vaults higher into 1.3200-1.3225 resistance zone. • EURUSD tries to break out, but strong US GDP figures pull the market back....

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian CPI meets expectations for January

    • Oil prices rebound 2% following bullish API report and comments from Saudi energy minister. • Weekly EIA oil inventory report out at 10:30amET. • USDCAD under pressure again with support in the 1.3120-30s being threatened. • GBPUSD rally continues aft...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Fed chairman Powell this morning

    • Fed chairman to present semi-annual Monetary Policy Report before the US Senate Banking Committee at 9:45amET. • USDCAD trading higher again this morning as crude oil prices still cannot recover from Trump’s “Oil prices are too high” tweet. • EURUSD si...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump extends March 1st tariff deadline with China

    • Global stocks and the Chinese yuan rally, and the USD goes broadly offered. • USDCAD bid returning though following tweet from Trump: “Oil prices getting too high”. April crude -2%. • EURUSD up on “risk-on” tone, but chart resistance in the 1.1360s st...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD bid ahead of Canadian Retail Sales report. Slew of Federal Reserve member speeches to follow.

    • Traders expecting -0.3% MoM for December Canadian Retail Sales. • EURUSD looking for buyers. Germany’s IFO Survey disappoints. • GBPUSD loses 1.3020s support ahead of the weekend. • AUDUSD nurses losses after yesterday’s bearish reversal. • USDJPY c...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Australian dollar plunges off overnight highs

    • Australian January employment report beats expectations, but Westpac rate cut call + coal import ban from China shocks market. • Broad USD selling into NY trade sees USDCAD back into 1.3160-70 support, EURUSD and GBPUSD retesting chart resistance. • US...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish tilt from Fed hawk Mester and USDCNH plunge drives USD lower

    • USDCAD scrambling for support in the 1.3180s. • EURUSD and AUDUSD consolidating bullish daily reversals from yesterday. • GBPUSD pulling back after yesterday’s “Brexit optimism” surge. • Three Tory MPs quit today. May/Juncker meeting at 12:30pmET. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed ahead of quiet start to holiday shortened week

    • USDCAD holding 1.3230-40s as April crude struggles with $56 handle. • EURUSD on the defensive following technical selling and more weak European data. • GBPUSD continues to shake off Brexit negativity since Friday’s sharp rebound. Theresa May and Junc...

    ... and 2nd revision to Q4 GDP on Friday.  While we think the market’s ability to shake off the negative comments from the ECB’s Coeure on Friday was impressive, we think the sellers still remain in charge sub 1.1330s. GBPUSD: Broad USD selling ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD trades lower as the negative European headlines continue to mount

    • Spain calls for snap elections in April. Italy’s Borghi bringing back euro-skeptic vibes. • ECB’s Couere admits economic slowdown broader and stronger than expected. TLTROs still possible. • UK Retail Sales beat expectations for January, but Brexit f...

    ...k.  Stay above and we might get some short covering, but move below and we could possibly tumble much lower.  BREAKING: ECB’s Coeure: Slowdown Clearly Stronger And Broader Than Expected, ECB’s Coeure: New TLTRO Possible, Currently Discussing It.  EURUSD ha...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Retail Sales and Canadian Manufacturing Shipments disappoint by a wide margin

    • USD sees broad selling across the board, but CAD underperforming even further. • Swift selling hits the S&Ps and crude oil. • GBPUSD struggles to benefit as fears loom ahead of some Brexit amendment votes today. • AUDUSD wrestles with 0.7110 pivot. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Slightly hotter than expected US CPI figures adds to "risk-on" tone for the broader markets

    • US January CPI +1.6% YoY vs +1.5% exp. Core CPI +2.2% YoY vs +2.1% exp. • Mnuchin says talks with Chinese negotiators are going “so far so good”. • USDJPY extends gains with break above 110.50s. S&Ps +10. • AUDUSD unravelling NZDUSD driven pop; mark...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Snap-back in oil prices prevents USDCAD from breaking higher

    • Saudi Arabia expects to reduce oil production further, starting in March. Crude oil +2.2%. • Somewhat bearish OPEC Monthly Oil Report being brushed off. • EURUSD shakes off negative comments from the ECB’s Weidmann; defends 1.1270s chart support. • G...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD starts the week with quiet bid

    • USDCAD stuck within Friday’s range post Canadian employment report, but downtrend still being threatened. • EURUSD now down for the 6th consecutive session after the 1.1340s give way again. • AUDUSD slips below support as USDCNH goes bid after the Chin...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Two-day USDCAD rally pauses ahead of Canadian jobs report

    • Traders expecting just 8k jobs gained in Canada for January. • Italian Industrial Output figures miss expectations. BTP/Bund spread widens further and pressures EUR. • Sterling buyers defending 1.2930-40s support after Carney’s post Brexit optimism ye...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England holds rates steady. Optimism for a smooth Brexit lifts GBPUSD from kneejerk lows.

    • GBPUSD tests support in 1.2850 post BoE press release. Now working on bullish reversal. • EURUSD succumbs to further weakness following weak German Industrial Production + slash in European growth forecasts from EC. • AUDUSD on the defensive following...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Shock dovish turn in Australian monetary policy outlook punishes AUD

    • RBA’s Lowe abandons long held “next move is up” rate bias and shifts to neutral outlook. • USDCAD rallies in sympathy, but crude oil bounce off overnight lows now putting 1.3180-90s to the test. • EURUSD holds trend-line support despite poor German Fac...

    ...rices are bid for a third day in a row here as iron ore prices continue to surge following Vale’s declaration of force majeure on some contracts, but this traditional AUD correlation is taking a back seat today.  We think today’s shock hea...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Reserve Bank of Australia delivers less dovish than expected hold on interest rates

    • AUDUSD rallies, but chart resistance in the 0.7260-70s confines market to recent range. • March crude oil fails to regain $55 in overnight trade. Falling 1% now and helping USDCAD find buyers. • EURUSD wrestling with 1.1420s pivot after decent Europea...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad USD demand from post ISM beat spills over into quiet start to the week.

    • USDJPY bursting higher, supported by trend-line break and bullish EURJPY technicals. • AUDUSD slips further with weaker than expected Building Permit data not helping. RBA meets tonight at 10:30pmET. • GBPUSD falls back to Friday’s lows following weak...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US payrolls on deck. Traders expecting 165k jobs gained in January.

    • Sterling taking a leg lower after weaker than expected Manufacturing PMI. • EURUSD shrugs off weak pan-European manufacturing PMIs. Talk of large EURGBP buyer making the rounds. • AUDUSD nursing back losses from weaker than expected Chinese Caixin Man...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Patient Fed roils the USD. US/China trade talks going well, but deal not expected this week. US payrolls report on deck for tomorrow.

    • USDCAD collapses to mid-November lows. Mediocre Canadian data points from this morning supporting for now. • Post Fed EURUSD gains capped by chart resistance and poor European data. Italy went into recession in Q4 2018. • GBPUSD struggling with chart...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China trade talk optimism leads the Chinese yuan and commodity currencies higher into NY trade. FOMC meeting at 2pmET.

    • No change in interest rates expected from the Fed. Traders will focus on pace of balance sheet unwind. • Sterling on the defensive following defeat of Cooper amendment/passage of Brady amendment. Theresa May must now go back to Brussels. • AUDUSD out...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit in focus once again today. UK Parliament to vote on key amendments at 2pmET.

    • Cooper amendment seeks to delay Brexit. Brady amendment seeks to confirm UK’s need to renegotiate Irish backstop. • EURUSD struggling to break out, despite breach of chart resistance and new 6 month high in gold prices. • AUDUSD wonders ahead of Austr...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD stabilizes ahead of very busy week ahead

    • Brexit Plan B + Cooper amendment being voted on tomorrow in the UK. • FOMC expected to keep rates unchanged on Wednesday. Talk of the need to slow balance sheet normalization now making the rounds. • US/China resume trade talks in Washington on Wed/Th...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD reverses lower on negative chart technicals + uptick in risk sentiment

    • USDCAD fails to break 1.3360-70s, while EURUSD holds 1.1280-90s. AUDUSD quickly cancels out bearish outside day. • EUR traders also shaking off dovish ECB, downgrade to German 2019 GDP growth forecast, and weaker than expected German IFO survey. • S&P...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB leaves rates and forward guidance unchanged as expected. Press conference now underway.

    • EURUSD slumped overnight amid weak Markit PMI data out of Europe. • Sterling backing up with EUR. Theresa May continues to fight Brexit delay attempts. • USDCAD retesting key chart resistance on broad USD strength + hangover from weak Retail Sales. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD traders brace for Canadian Retail Sales data

    • November Canadian Retail Sales expected -0.6% MoM. • Sterling defying the shorts, as proposed “Cooper amendment” further diminishes risk of “no-deal” Brexit. • EURUSD and AUDUSD downward momentum stalled. • Bank of Japan keeps dovish monetary policy o...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mild risk-off tone to equities pressures oil and lifts USDCAD in NY trade

    • USDCAD chart resistance in the 1.3310-20s becoming pivotal. • EURUSD teeters on chart support in the 1.1350-60s. German ZEW misses estimates. • GBPUSD trading mixed, toying with both sides of 1.2900 level after upbeat UK wage growth. • AUDUSD slips f...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Theresa May expected to announce Brexit Plan B at 10:30amET. US markets closed for MLK Day.

    • USDCAD drifts higher after holding 1.3250s into Friday’s close. Futures traders continue to liquidate positions. • AUDUSD gives up chart support in the 0.7160-70s after reversal lower on US/China trade headlines. • EURUSD threatening chart support in ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian December CPI reported +2.0% YoY and -0.1% MoM.

    • USDCAD now challenging downside support following upbeat inflation figures. • Broader USD trading modestly higher as mild “risk-on” sentiment remains post WSJ article. • Wall Street Journal moved markets yesterday when it reported that the US is consid...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Theresa May survives no-confidence motion. Brexit "Plan B" expected for Monday.

    • OPEC releases monthly report. Downgrades 2019 demand forecast for oil from OPEC producers. • USDCAD testing chart resistance levels in the low 1.33s. Canadian CPI out tomorrow. • EURUSD downward momentum stalls after downside fail. • USDJPY reaches ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling rebounds after Theresa May loses meaningful Brexit vote in UK Parliament

    • Odds of a “no-deal” scenario appear to have diminished now however. Article 50 extension seems more likely (ie. Brexit delayed). • No-confidence motion from Corbyn up next at 2pmET. Brexit “Plan B” expected from Theresa May by Monday. • EUR and AUD ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit D-day looms for sterling traders

    • UK Parliament vote expected sometime between 2-4pmET. • German 2018 GDP growth slowest in 5 years. Fears of recession growing. • USDCAD holds familiar levels as broad CAD demand cancels out broad USD buying. Oil steady. • AUDUSD backs off chart resi...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dismal Chinese trade data sours risk sentiment to start week

    • Chinese imports fall 7.6% YoY in December. • S&Ps, oil and copper offered, while JPY and USD bid. • Sterling moderately bid ahead of key Brexit vote in Parliament tomorrow. • This week’s light economic calendar features US PPI (tomorrow) and Canadian ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD sees pressure ahead of US CPI report

    • Traders expecting +2.2% YoY and -0.1% MoM on the headline. • BREAKING: PBOC expresses concern on recent Yuan strength, according to MNI. Caps AUDUSD into NY trade today. • EURUSD bid, but getting held back by option expiries at 1.1500. • GBPUSD shoot...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish Fed speak sparks broad USD selling yesterday. More Fed officials speaking today, including Powell at noonET

    • Bank of Canada disappoints the doves. Says rates will still need to rise “over time” despite softer growth and inflation outlook. • Slew of dovish Fed speak, especially from Bostic propels EURUSD to new swing highs. Mild risk-off sentiment post US/Chi...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada rate decision looms large. Long fund positions praying for bounce after 6-day rout in USDCAD.

    • BOC announcement at 10amET, followed by press conference at 10:15amET. • EIA oil inventories and BOE’s Carney at 10:30amET. • FOMC Minutes at 2pmET. • Fed speak on deck throughout the morning from Bostic, Evans, and Rosengren. • Canadian Housing Star...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders eagerly awaiting comments from latest round of US/China trade talks + Trump speech at 9pmET

    • Australian Trade and German Industrial Production figures miss expectations. • UK Parliament resumes debate on Brexit today, with rumors circulating about the need to extend Article 50. • Fifth day of strength in oil prices keeping USDCAD under pressur...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD inches lower in quiet start to week. Dovish comments from the Fed's Powell on Friday still on trader's minds.

    • Powell “we will be prepared to adjust policy quickly to…keep the expansion on track.” • USD reverses uptick from stellar US jobs report. Fed funds futures continue to price out 2019 rate hikes. • US Non-Manufacturing report for December on deck at 10a...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD breaks support ahead of US and Canadian employment reports

    • Markets expecting +177k jobs in the US and just +5k from Canada in December. • Reversals higher in AUDUSD and GBPUSD continue following positive NY closes. • EURUSD at resistance zone 1.1410-30. • USDJPY traders still shell shocked after yesterday’s v...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    AUDJPY flash crashes in overnight trade

    • AUDJPY plunges 5% in minutes, leading AUDUSD and USDJPY to crash as well. • Apple revenue warning, poor liquidity due to ongoing Japanese holidays, and algos being blamed. BOJ yet to comment. • GBPUSD falls 200pts as well but then recovers. Traders e...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Weak Canadian Retail Sales data sees USDCAD trade to new highs on the year

    • USDCAD now pulling off the 1.3564 high print with traders now watching 1.3530s intra-day pivot/inflection point. • Crude oil prices remain in downtrend. Down another 1% on the session. • EURUSD weighed down by huge option expiries, while Sterling goes...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed hikes interest rates by 25bp, but gives less dovish than expected guidance

    • Two more rate hikes still expected for 2019. Risks still “broadly balanced”. • US stocks, yields and USDJPY fall. • EURUSD falls initially, but rebounds sharply and this helps GBP, CAD and AUD. Riksbank surprises with first hike in 7 years. • Anothe...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets bracing for one of the more important Fed meetings in recent times

    • EURUSD edging higher, supported by Italian bond rally. • GBPUSD struggling, weighed down by chart technicals, EURGBP rally, and a new 20-month low for UK CPI. • USDCAD dialing back yesterday’s oil driven gains, but soft Canadian CPI figures for Novembe...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders re-position for potentially dovish Fed tomorrow

    • USD broadly offered as EURUSD, GBPUSD, and AUDUSD knock on chart resistance levels. • USDCAD still bid however as supply fears knock oil prices down again. • US Housing Starts beat expectations while Cdn Manufacturing Sales miss. • Trump takes another...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet ahead of FOMC meeting on Wednesday

    • EUR and GBP benefiting from decent Friday closes + dovish talk ahead of expected 25bp Fed hike. • AUD and CAD lagging; the former due to weak equities and the latter due to softer oil prices. • Bank of England and Bank of Japan meetings also on deck th...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU says no to May on renegotiating deal

    • GBPUSD falls back 1% as Theresa May struggles in Brussels today. UK/EU joint statement cancelled. • Weak Chinese Retail Sales & Industrial Production data slams AUDUSD lower. • Dismal European PMI surveys hurt EURUSD. French PMIs drop below 50, indic...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Mario Draghi press conference

    • ECB ends bond buying program and leaves forward interest rate guidance unchanged, as expected. • Traders expecting more dovish tones from Draghi in press conference. • Theresa May wins no-confidence motion against her. Now travels back to Brussels in ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Theresa May now looking likely to survive today's no-confidence motion

    • Reuters reporting 158 MPs now publicly supporting the UK PM ahead of 1pmET vote. Results expected at 4pmET. • Bloomberg reporting Italy will present 2.0% budget deficit target to EU today. Italy’s Conte to meet EU’s Juncker at 10amET. • USDCAD succum...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Theresa May heads back to Brussels in last ditch attempt to renegotiate Brexit deal

    • Higher than expected UK wage growth also helping GBP sentiment this morning. • Risk sentiment improves globally today following positive trade headlines from China, pressures USD broadly. • EURUSD waffles around sub 1.1400 ahead of Conte’s meeting with...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling collapses as Theresa May now rumored to cancel tomorrow's Brexit vote

    • Theresa May expected to speak at 10:30amET. GBPUSD falling to new lows on the year. • USDCAD trying to bounce as oil traders fade Friday’s highs. • EURUSD traders anxiously await Wednesday’s Italian budget revision. • AUD in the green this morning, b...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    OPEC can't yet agree on size of production cuts. US & Canadian November job reports in focus.

    • US payrolls are expected +200k. Canada +11k. • Oil prices bid as OPEC delegates and Russia continue to meet. • Option expiries in play for EURUSD, AUDUSD and USDJPY today. • Brexit vote still scheduled for next Tuesday. Option traders paying more fo...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada shocks market with dovish turn in tone

    • Bank of Canada now concerned about energy sector, trade spats, Q4 growth, sees room for non-inflationary growth. • Governor Stephen Poloz now speaking. • OPEC looks set to cut oil production by just 1mln barrels per day; below market expectations. Pre...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk sentiment mildly recovers ahead of US market closure

    • US stock and bond markets closed for George H.W. Bush’s funeral. • Bank of Canada expected to leave rates unchanged at 10amET. Weekly EIA oil inventory report delayed to tomorrow. • Sterling continues to whipsaw ahead of next week’s historic Brexit vot...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China's PBOC revalues Yuan higher by the most since June 2017

    • USD sees broad selling overnight, but market recovering somewhat now. • USDCAD succumbing to bullish trade and oil headlines to start week. December seasonals mildly bearish. BoC meets tomorrow. • Sterling pops on ECJ opinion about Britain’s legal ab...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish turn from Powell hurts USD broadly. US rates downtick, but US stocks celebrate

    • Fed's Powell says interest rates now “just below” neutral. • Reports of Russia willing to join OPEC on production cuts helps oil prices bounce, hurting USDCAD rebound attempt. • EURUSD continues to hold gains after yesterday’s bullish outside day. • ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Fed chairman Powell today

    • EURUSD on the defensive after hawkish Clarida comments and German auto tariff headlines. • USDCAD rises on broad USD strength and wave of oil selling. Traders eyeing 1.3320-40 resistance. • Sterling bounces as Theresa May reportedly backs down from qu...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Volatile overnight session sees USD trading mixed into NY trade

    • Excitement from Trump/Xi agreement headline gets dialed back. • Brexit sentiment turns sour once again. UK Parliament vote now scheduled for Dec 11th. • Fed’s Clarida sounding hawkish in speech now underway. • More Fedspeak on deck from Bostic, Evans...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Hinted compromise from the Italians on budget deficit helps boots risk appetite to start week

    • BTP/Bunds trade back below +300 mark, helping EURUSD and equities broadly. • EU endorses the UK’s draft Brexit plan during Sunday summit, but market brushing off excitement due to looming UK Parliament vote. • Mario Draghi speaking now. BoE’s Carney t...

    ...now appears to be getting capped by chart resistance in the 1.1370s.  The ECB’s Praet, Lautenschlager, Nowotny and Coeure were speaking earlier today, but there was nothing notable for market participants to chew on.  The German ZEW survey ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders await Canadian Retail Sales and CPI amid risk off tone to global markets

    • China shares slump after Trump comments on Huawei. • Oil resumes plunge on oversupply fears. • German and Eurozone PMIs disappoint. • Gibraltar now complicates Sunday’s Brexit summit. • FX liquidity still thin from US Thanksgiving holiday. US stock ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Equities, Italian bonds and crude oil bounce

    • MNI headline about Fed pausing rate hikes + some conciliatory tones out of Italy helping risk sentiment. • Broader USD gives back some of yesterday’s gains. • US Durable Goods for October miss expectations. • Italy’s Tria & Conte taking questions at 9...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk-off sentiment sweeping across markets into NY open

    • USD and JPY broadly bid as the Nasdaq breaks below October lows. • RBA’s Lowe reiterates dovish rate outlook for Australia. • BTP/Bunds blow out to +335bp at one point today, causing EURUSD to fail its breakout attempt. • USDCAD continues to wander, b...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Negative headlines out of APEC summit dial back Fed Clarida's dovish tones from Friday

    • AUD, CAD and the Yuan lead losses this morning. • EURUSD holding gains after Friday’s technical break higher. • GBPUSD volatile and headline driven as Theresa May no confidence vote looms. • Funds add to USDJPY longs as market starts breaking support....

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Lighthizer "tariffs on hold" headlines get dialed back

    • S&Ps, USDJPY and commodity currencies give back yesterday’s gains. • USDCNH regains 6.94s. • GBPUSD bounces, but no-confidence vote on Theresa May still looms. • Crude oil drifting higher as 8th consecutive week of inventory builds was largely expecte...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK's Brexit minister Raab resigns in shock turn of events in Brexit saga

    • GBPUSD plunges 200pts as Theresa May looks increasingly unlikely to win over Parliament. • Tory MP Rees-Mogg has formally submitted no-confidence motion against Theresa May. • EURUSD and AUDUSD breakouts fail as GBP selling sparks broad USD buying. • ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Brexit headlines and Theresa May's cabinet meeting at 9amET.

    • US October CPI also on deck at 8:30amET. • Crude oil bounces on talk of OPEC 1.4M bpd oil production cut in 2019, pressures USDCAD a bit. • Germany contracts in Q3, pressures EURUSD but market recovering. • Option traders pricing in volatility and wid...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit agreement in the UK "closer than it was yesterday". GBP gains leading broad USD selling this morning.

    • EURUSD following GBPUSD higher, despite weak German ZEW and Italian budget worries. • Reports of Chinese vice-premier Liu He visiting US for trade talks helps risk sentiment and AUD. • Talk of Chinese state owned banks selling USDCNY (buying Yuan) • C...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Surprisingly hawkish, copy/paste, Fed statement boots USD into week's end

    • CAD also get hit by negative USMCA and Keystone XL headlines + 10th down day in a row for oil prices. • EURUSD slips to next support level ahead of heavy day of option expiries. No progress yet on revised Italian budget. • UK reports mixed economic da...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD chops around ahead of today's expected hold on monetary policy from the Fed

    • Canadian Housing Starts mildly beat expectations. • AUD leading, driven by Chinese import data and strong NZDUSD. • EUR lagging on technical weakness & European Commission concerns about growth/Italy. • GBPUSD slips as traders attempt to a bounce in E...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Democrats take control of the House. Risk-on tone sweeps across markets.

    • OPEC+ countries now mulling over production cuts in 2019. • EIA oil inventory data out at 10:30amET. Trump to speak at 11:30amET. • AUD leads G7 FX gains, with help from blowout employment data from New Zealand. • RBNZ announces New Zealand interest ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed ahead of US mid-term elections

    • USDCAD range trade inches higher, led by weak oil prices. • September Canadian Building Permits meet expectations, but with negative revision to August. • EURUSD looking poised for some upside with trend-line break. • UK’s Brexit secretary Raab signal...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit headlines whip sterling around in otherwise quiet start to the week

    • Big week ahead features US Mid-term elections and the FOMC meeting on Thursday. • EU to propose disciplining Italy over its budget. • Bank of Canada’s Stephen Poloz speaking now before UK Chamber of Commerce. • RBA meets tonight with no changes to mon...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive US/China trade sentiment spurs risk-on tone ahead of US & Canadian employment reports

    • USD broadly extending losses from yesterday, but position squaring evident ahead of jobs numbers. • US set to grant sanction waivers for Iran's major oil importers. • US & Canada trade balance data also out at 8:30amET, followed by US Factory Orders at...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Tentative Brexit financial services deal sees GBPUSD surge

    • GBP move leads to broad USD selling. Markets so far ignoring doubts from UK officials and EU’s Barnier. • Bank of England keeps monetary policy on hold. Governor Carney now speaking. • US ISM on deck at 10amET. • AUDUSD shorts scramble amid GBPUSD m...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP and Raw Material Prices beat expectations

    • US ADP employment report beats estimates, coming in at +227k • Chicago PMI, EIA inventories up next. BoC’s Poloz speaks again later. • Australian Q3 CPI slightly disappoints, keeping AUDUSD on the backfoot. • Bank of Japan keeps monetary policy uncha...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Weak oil prices leading USDCAD higher this morning. BoC’s Poloz to speak at 3:30pmET.

    • Italy reports no GDP growth for Q3. News pressures Italian bonds and EUR. • GBPUSD fall continues as EURGBP cross breaks into 89s. • AUDUSD traders celebrate some positives. • USDJPY traders ignore yesterday’s rout in the Nasdaq, and move market 0.5%...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk rebounds further to start the week, with Italian bonds leading the charge

    • Italy avoids debt downgrade from S&P. BTP/Bunds contract to +289bp. • EURUSD struggles to benefit as Angela Merkel announces she won’t seek re-election as Germany's CDU leader. • GBPUSD follows EUR as traders await UK budget announcement. • Busy week...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US reports +3.5% GDP growth for Q3, beating estimates, but price indexes miss.

    • US stock futures recovering on strong US GDP headline print after slew of weak corporate earnings reports overnight. • USD longs trimming a bit here after weak price measures in GDP report. • USDCAD traders eyeing 1.3140s as pivot for today. • AUDUSD ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB leaves rates unchanged. Mario Draghi's press conference now underway.

    • USDCAD decline from hawkish Bank of Canada rate hike gets cancelled out by late day plunge in US stocks/crude oil. • Theresa May survives leadership challenge rumors, but GBP traders are still not optimistic. • Aussie quickly recovers from yesterday’s ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada set to raise interest rates by 25bp today

    • BoC announcement at 10amET, followed by press conference at 11:15amET. • Weekly EIA oil inventory data out at 10:30amET. • Poor Eurozone PMIs add to woes for EURUSD ahead of ECB meeting tomorrow. • Sterling follows EURUSD lower after UK refutes yester...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU may offer British PM a UK-wide customs union, according to RTE News

    • Positive Brexit headline gives life-line to GBPUSD. • Sterling bounce + relative calm in Italian bonds helps EURUSD bounce as well. • Global equities under pressure with weak European corporate earnings adding to Shanghai pullback/Nikkei plunge. • Cru...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rumors of Theresa May no-confidence vote rattles GBP

    • GBPUSD down 1% and falling. • Moody’s downgrades Italy to one notch above junk, outlook stable. • Ball now in EU’s court as Italy acknowledges EU concerns, but refuses to make changes. • Traders expecting 25bp hike from the Bank of Canada on Wednesday...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD traders awaiting Canadian Retail Sales & CPI data

    • Italian bonds bounce off lows, narrowing BTP/Bund spread off highs, but Italian/EU relations still tense. • “Risk” trades recovering into NY open with AUD and CAD leading. • EU summit comes and goes without progress on Brexit negotiations. • AUDUSD sh...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bearish oil inventory data has USDCAD knocking on resistance levels once again

    • US Philly Fed beats, +22.2 vs +20 expected. • Canadian Retail Sales (Aug) and Canadian CPI (Sep) on deck for tomorrow. • EURUSD falls apart with EU Italian budget rejection, Brexit, higher USDCNY fix weighing. • GBPUSD holding 1.31s, but EU summit not...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit mood sours as two-day EU summit begins

    • GBP losses lead broad based USD strength into NY session. • US Housing Starts, Cdn Manufacturing Shipments, EIA oil inventories, FOMC Minutes on deck today. • Some EURUSD shorts likely stopped out in yesterday's head fake above 1.1600. GBP, gold, CNH ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's crunch time for Brexit negotiations

    • GBP leads broad USD weakness ahead of EU summit tomorrow. • UK wages beat expectations in September employment report. • German ZEW disappoints. • USDCAD continues lower after upbeat Business Outlook Survey ups rate hike odds for next week. • BTP/Bun...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Gold leads EUR & AUD higher while GBP fills Sunday opening chart gap

    • USD not showing safe haven status again today. • Brexit negotiations at yet another impasse. Theresa May to speak later this morning. EU Summit on deck Oct 17-18. • US Retail Sales disappoint, coming in +0.1% MoM vs +0.5% expected. • Bank of Canada’...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Announced Trump/Xi G20 meeting + strong Chinese export data helps global equities bounce

    • Crude regains $71 support level, keeping USDCAD under pressure ahead of large 1.3000 expiries. • PBOC fixes USDCNY higher again, helping to cap EURUSD. 1.1550 option expiries likely weighing as well. • GBP traders eyeing EU summit next week. • AUDUSD...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US stocks plunge, but risk-off sentiment does not help USD broadly

    • “I think the Fed has gone crazy”, says Trump. • Is the market thinking the Fed may have to ease up on rate hikes? • USD trading broadly weaker into US CPI figures at 8:30amET. • Weekly EIA oil inventories out at 11amET today.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY session

    • September US PPI meets expectations on the MoM figure, misses slightly YoY. • August Canadian Building Permits miss consensus. Prior month revised lower. • Italian politicians keep spooking Italian bonds while UK Brexit sentiment improves ahead of EU ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Italian bond sell off, China RRR cut, IMF growth downgrade sours risk appetite

    • Risk off flows see broad demand for USD, but some calm returning ahead of NY open. • Canadian Housing Starts miss expectations for September. • Fed’s Evans speaking at 10am. BoE’s Broadbent at 10:30amET. BoC’s Wilkins at 2pmET. • This week’s calenda...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's jobs Friday again!

    • Traders eagerly awaiting US & Canadian employment data for August, out at 8:30amET. • USDCAD fills Sunday opening gap, benefits from risk aversion/crude oil selling yesterday. • GBPUSD rallies again on more positive Brexit headlines. Deal on Irish bor...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Beats on US ADP/Services ISM sees US yields explode higher

    • Hawkish comments from Powell add to broad USD strength in late NY trade yesterday. • Global yield rise leading to “risk off” fears for equities today, pulling USDJPY off highs. • Positive Brexit headlines on Irish border helps GBPUSD bounce. EURUSD fo...

    ...he Chinese Golden Week holidays helping, but it has strongly reversed back to breakeven (which helps EURUSD here).  The ECB’s Coeure speaks at 1pmET today. GBPUSD: Sterling is shooting higher this morning; recovering yesterday’s late day loss...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading broadly higher but within yesterday's ranges

    • Italy vows to reduce deficit in 2020 & 2021, but EUR and Italian assets dial back initial excitement. • Theresa May defends her Brexit plan, talks tough on EU on final day of Tory conference. • Australian Building Permits (Aug) miss expectations, AUD l...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Italian budget fears take center stage again

    • Italian assets and EURUSD hit, but trying to recover now. • Hang Sang gets hammered. • RBA keeps Australian rates on hold. • Crude oil extends rally on declining Iranian oil exports. • UK Tory conference continues today with Boris Johnson speaking.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US & Canada reach new NAFTA deal

    • USDCAD plunges, extending last week’s reversal lower. • GBPUSD pops as U.K. SAID TO PLAN COMPROMISE ON IRISH BORDER TO GET BREXIT DEAL • USDJPY trades to new highs on broad “risk-on” sentiment. • October 20yr seasonals suggest weakness for CAD, EUR an...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    New Italian budget target (2.4% of GDP) spooks Italian assets

    • Italian stocks off 4+%. BTP/Bund spread blows out to +277bp. • EURUSD now off over 200pts from the post Fed highs. • Mild risk off tones heading into NY trading today. • USDCAD nursing EURCAD driven losses ahead of Canadian GDP at 8:30amET.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell shakes out doves by downplaying removal of "accommodative" language from Fed statement

    • Fed raises interest rates to 2.25% as expected, removes “accommodative" language from statement. • POWELL: DROPPING ACCOMMODATIVE DOESN'T SIGNAL RATE-PATH CHANGE • USD broadly reverses higher, with last minute Italian budget worries leading USD strengt...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on the Fed

    • Some USD shorts square positions ahead of much anticipated 25bp rate hike. • Focus will be tone of statement and Powell’s press conference with regard to future guidance. • EURUSD traders also eyeing Italian budget announcement tomorrow + USDCNH rise. ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets settle into range ahead of the Fed tomorrow

    • Trump speaking at UN at 10:15amET. Iran’s Rouhani speaking at 11amET. • Option expiries abound for EURUSD tomorrow. • USDJPY struggling to make new highs as US 10yr yields hit 3.11%.

    ...e here. We think USDCAD struggles for direction here ahead of the Fed meeting tomorrow. EURUSD: The gains in euro/dollar evaporated yesterday after traders concluded that Draghi’s inflation comments weren’t all that diff...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets brace for another 25bp rate hike from the Fed this Wednesday

    • Draghi sees relatively vigorous pick-up in underlying inflation; EURUSD pops. • GBPUSD recovers from Friday's lows on positive comments from UK's Raab. • Nov crude oil trading 2% higher after OPEC Algiers Summit.

    ...T this morning at the ECON hearing of the EU Parliament.  Tomorrow we’ll get two ECB members speeches (Praet & Coeure).  Thursday features the Italian budget news, a BTP auction, German CPI for September, and two more ECB speeches (Drag...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD traders await Cdn Retail Sales & CPI data

    • Salzburg summit does not go well for Theresa May. GBP plunging back lower. • Theresa May to make Brexit statement at 8:45amET. • Global equity strength helps USDJPY rally to new 1 month high.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling surge leads broad USD selling into NY open

    • UK Retail Sales beat, shorts scramble above 1.3210s. • EU Summit on Brexit now scheduled for Nov 17-18. • Trump talking oil prices off overnight highs. • US Philly Fed beats, +22.9 vs +17 expected.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD recovering overnight losses into NY trade

    UK CPI & US HOUSING STARTS BEAT EXPECTATIONS EIA OIL INVENTORIES ON DECK AT 10:30AMET MAY IS SAID TO REJECT BARNIER IMPROVED IRISH BREXIT OFFER:TIMES WH ADVISOR HASSETT: U.S. READY TO MOVE AHEAD WITH MEXICO DEAL WITHOUT CANADA BOJ LEAVES POLICY ON HOLD...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets shrug off formal escalation in US/China trade war

    • Trump announces 10% tariff on $200bln of Chinese imports, effective Sep 24. • Markets fade knee-jerk risk off move. Stocks, yields and CNH now higher. USD and JPY lower. • Bank of Japan meets tonight.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly weaker into NY open with Italian bonds leading

    • Trump ready to announce new China tariffs, but markets shrugging off so far. • Rally in Italian bonds helping EURUSD recover Friday’s losses. • GBPUSD quickly back at chart resistance ahead of Salzburg summit. • USDJPY steady ahead of BOJ tomorrow.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed ahead of US Retail Sales

    • Weak US CPI ignites broad USD selling yesterday. • Trump China tweet dials back gains for CNH, AUD and CAD. • GBPUSD dealing with Brexit headlines this morning.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Central bank bonanza leaves traders yawning. US CPI surprises to the downside

    • ECB and BOE leave rates unchanged, as expected • Turkey hikes rates to 24%, EMFX rallies • All eyes now on ECB press conference • US CPI disappoints by 0.1% on both the YoY on MoM figures

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil rally, positive NAFTA comments from Trump & bullish APIs report boosts CAD

    • US PPI data for August disappoints. • USDCAD traders eyeing weekly EIA inventory data after yesterday’s $2 oil rally. • EURUSD and GBPUSD stalling ahead of central bank meetings tomorrow.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling sales leading USD strength into NY open

    • Wave of GBP selling hits after UK jobs beat expectations • Negative Brexit headlines from Evening Standard push GBP lower still. • CAD traders eyeing resumption of NAFTA talks today.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD starts the week with a mixed tone

    Rally in Italian assets helping EUR sentiment. This week’s calendar features BoE and ECB meetings on Thursday. EU’s Barnier given mandate to strike Brexit deal with UK. EU'S BARNIER: GETTING BREXIT DEAL IS `REALISTIC' IN 6-8 WEEKS.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's jobs Friday!

    • Traders awaiting US and Canada employment reports for August. • More positive Brexit headlines sees GBPUSD test last week’s resistance levels. • BoC Wilkins hawkish comments giving CAD a positive tone.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading softer into NY open

    • US ADP and Canadian Building Permits both miss expectations. • Positive Brexit headlines repair GBPUSD chart. • USDCAD steady after expected BoC rate hold.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD traders eyeing Bank of Canada rate decision

    • Markets expecting hawkish hold. • Option expiries may influence today for EUR, GBP and AUD. • EM FX selling still in focus.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EM FX losses lead broad USD strength into NY trade

    • South Africa enters recession • RBA holds rates steady • No NAFTA deal yet for Canada

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Barrage of negative trade related headlines leads to "risk-off" tone into month end

    • Trump dials up trade rhetoric with the EU and China. • Canadian officials dialing back optimism for NAFTA trade deal today. • BOJ tweaks JGB buying schedule for September.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP misses expectations

    • Canadian June GDP flat vs. +0.1% expected. +2.9% YoY for Q2 vs. +3.0% expected. • Continued EM FX pressure leading broad, but mild USD strength. • GBP surges following Barnier headlines

    ...n Italy today in the 5 and 10yr sectors sees the BTP/Bund spread trading steady at +275bp.  https://in.reuters.com/article/eurozone-bonds/update-2-italys-bond-market-survives-key-auction-test-idINL8N1VL235.  USDCNH looks to be making headway toda...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading broadly higher into NY trade

    • Westpac news, Yuan weakness, negative EURUSD close, and EM FX selling leading USD gains. • Canada ready to make concessions on dairy. • US Q2 GDP revised higher from +4.0% to +4.2% YoY.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/Mexico trade deal ignites broad risk-on rally

    • Canadian negotiations with Washington now in focus • USD extends losses broadly across major pairs • July US Trade Balance figures out shortly at 8:30am ET

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk-on tone to equities countering renewed Turkish lira selling to start week

    • USD going offered into NY trade, with GBPUSD leading. • Turkey back from holidays. • Funds add to USD longs in the week ending Aug 21.

    Summary USDCAD: Dollar/CAD is bid this morning, reversing half of Friday’s Jackson Hole related losses, with today’s primary drivers being a technical reversal in Asian trade overnight and a resumption in broad USD buying f...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD sees broad selling ahead of Jerome Powell speech at Jackson Hole

    • Australia appoints Scott Morrison as new PM, AUD bounces. • China re-introduces counter-cyclical factor in USDCNY fix calculation. • Fed’s Bullard speaking with dovish tone ahead of Jerome Powell.

    Summary USDCAD: Dollar/CAD is pulling back this morning after yesterday’s broad, AUD-driven, USD rally caused the market to break above resistance in the 1.3050s.  Today’s early moves were AUD driven, with USDCAD rejec...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    AUDUSD falls on Turnbull/Huawei headlines

    • Australian PM Turnbull facing leadership challenge. • Australia bans China’s Huawei from 5G network. • AUD selling leads broad USD gains in overnight trade after mixed FOMC Minutes.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading broadly mixed to weaker following negative political developments for Trump

    “No dispute that Trump committed a crime" says Cohen lawyer. Canadian June Retail Sales miss expectations, but May figures are revised higher. USTR says no deal yet on NAFTA.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump complaints about Fed (this time with Reuters) + weak USD technicals spark further USD selling into Asia

    • USDCAD traders eyeing key support in 1.3010s. • Broad USD buying apparent into NY open, with USDJPY leading. • Quiet US session ahead in terms of scheduled data.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD longs starting to look vulnerable ahead of Jackson Hole

    USDCAD bouncing after Canadian CPI beat Broader USD trading quietly ahead of Jackson Hole USD fund long positioning showing signs of over-extension

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD traders eyeing Canadian CPI report out shortly. Broader USD choppy. Turkish Lira has resumed decline.

    USDCAD traders eyeing Canadian CPI report out shortly Broader USD choppy Turkish Lira has resumed decline

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive US/China trade headlines & USDCNH decline lead broad recovery in risk sentiment

    China to send delegation to US in late August China making it more expensive to short off-shore Yuan in the forward market Decent Australian employment reports lifts AUD

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China worries + new highs in USDCNH leading broad USD strength. Markets ignoring stop-gap measures in Turkey. US Retail Sales beats.

    China worries + new highs in USDCNH leading broad USD strength Markets ignoring stop-gap measures in Turkey US Retail Sales beats

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EM FX bounces with TRY up 4%. CAD outperforming on crude oil strength and CAD cross demand. UK employment report disappoints on wage growth.

    EM FX bounces with TRY up 4% CAD outperforming on crude oil strength and CAD cross demand UK employment report disappoints on wage growth

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets glued on Turkey, but USD gains focused in EM space. ZAR flash crashes. Unconfirmed Pastor Brunson headlines sees USDTRY gains stall + USD offers.

    Markets glued on Turkey, but USD gains focused in EM space ZAR flash crashes Unconfirmed Pastor Brunson headlines sees USDTRY gains stall + USD offers

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Turkish lira crash sees broad "risk-off" demand for USD. Erdogan speaking. US CPI and Canadian job numbers on deck.

    Turkish lira crash sees broad "risk-off" demand for USD. Erdogan speaking. US CPI and Canadian job numbers on deck.

    ... the Turkish lira overnight. More here: https://www.businessinsider.com/turkish-lira-hits-fesh-low-against-dollar-amid-fears-of-european-contagion-2018-8.  While the economic crisis in Turkey and uptrend in USDTRY is nothing new, the big development o...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX majors range trade while EM FX lags. GBP bounces on positive Brexit headlines. Canadian Housing Starts and US PPI both miss expectations.

    FX majors range trade while EM FX lags GBP bounces on positive Brexit headlines Canadian Housing Starts and US PPI both miss expectations

    ...ple.  More here: https://www.express.co.uk/news/politics/1001116/brexit-news-latest-live-update-theresa-may-michel-barnier-european-union.  While GBPUSD has formed a doji (indecision) daily candle and EURGBP has backed off the 90 handle as a resu...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD surges yesterday. Saudi Arabia begins selling Canadian assets. Weekly oil inventory data on deck.

    USDCAD surges yesterday Saudi Arabia begins selling Canadian assets Weekly oil inventory data on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad USD strength reverses after PBOC hikes reserve requirement for Yuan forward trading. EURUSD sees volatility amid Italian budget nervousness. US NFP payrolls on deck.

    Broad USD strength reverses after PBOC hikes reserve requirement for Yuan forward trading EURUSD sees volatility amid Italian budget nervousness US NFP payrolls on deck

    ...ng yesterday’s massive outside day pattern and overnight news about Sinopec suspending American crude imports: http://www.euronews.com/2018/08/03/chinas-unipec-suspends-us-oil-imports-amid-growing-trade-row-sources.  Next week gets off to a slow...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets in "risk-off" mode following Chinese response to US proposed 25% tariff on $200bln of Chinese goods. BoE hikes 25bps, but dovish Carney slams GBP. Traders eyeing US non-farm payrolls tomorrow.

    Markets in "risk-off" mode following Chinese response to US proposed 25% tariff on $200bln of Chinese goods. BoE hikes 25bps, but dovish Carney slams GBP. Traders eyeing US non-farm payrolls tomorrow.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed post escalation of US/China trade tensions. US ADP beats expectations. US ISM and FOMC on deck.

    USD trading mixed post escalation of US/China trade tensions US ADP beats expectations US ISM and FOMC on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BOJ disappoints hawks with dovish guidance following tweak to yield curve control policy. USDCAD spikes higher on negative NAFTA headlines, then recedes following Cdn GDP beat. EURUSD traders eyeing upside after break of chart resistance.

    BOJ disappoints hawks with dovish guidance following tweak to yield curve control policy USDCAD spikes higher on negative NAFTA headlines, then recedes following Cdn GDP beat EURUSD traders eyeing upside after break of chart resistance

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive outcome of Trump/Juncker meeting leads to broad "risk-on" USD selling, but the USD recovers somewhat today. ECB keeps monetary policy unchanged. Press conference begins shortly.

    Positive outcome of Trump/Juncker meeting leads to broad "risk-on" USD selling, but the USD recovers somewhat today ECB keeps monetary policy unchanged Press conference begins shortly

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX makets continue to range ahead of Trump/Juncker and ECB meetings.

    FX makets continue to range ahead of Trump/Juncker and ECB meetings.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD range trades amid lack of headlines. USDJPY fails to benefit from surge is US yields yesterday. AUD traders eyeing Australian CPI tonight.

    USD range trades amid lack of headlines USDJPY fails to benefit from surge is US yields yesterday AUD traders eyeing Australian CPI tonight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD quiet to start week. USDJPY plunge halted by BOJ intervention. EUR traders eyeing ECB meeting this week.

    USD quiet to start week USDJPY plunge halted by BOJ intervention EUR traders eyeing ECB meeting this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump displeasure with rising rates/USD takes wind out of broad USD rally. CAD traders eyeing Canadian Retail Sales/CPI out momentarily. GBP traders awaiting comments from EU's Barnier.

    Trump displeasure with rising rates/USD takes wind out of broad USD rally CAD traders eyeing Canadian Retail Sales/CPI out momentarily GBP traders awaiting comments from EU's Barnier

    ...talian headlines following some political infighting that hurt Italian assets today (more here: https://www.reuters.com/article/eurozone-markets-italy-dimaio/update-1-italy-deputy-pm-denies-demanding-economy-minister-resignation-idUSL8N1UG29W).  All e...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCNY fixing above 6.70 / USDCNH breakout leads USD broadly higher. AUD falls apart despite stellar Australian job gains. UK Retail Sales miss adds to GBPs woes.

    USDCNY fixing above 6.70 / USDCNH breakout leads USD broadly higher AUD falls apart despite stellar Australian job gains UK Retail Sales miss adds to GBPs woes

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD extends gains following upbeat testimony from the Fed's Powell. Weak UK CPI/political turmoil sees GBPUSD trade to new swing lows. Powell speech before House panel + Fed's Beige Book on deck for today.

    Broader USD extends gains following upbeat testimony from the Fed's Powell Weak UK CPI/political turmoil sees GBPUSD trade to new swing lows Powell speech before House panel + Fed's Beige Book on deck for today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD recovers ahead of key speech from Fed Chairman Powell today. GBP dragged lower again by Brexit headlines. USDJPY back above 112.50.

    USD recovers ahead of key speech from Fed Chairman Powell today GBP dragged lower again by Brexit headlines USDJPY back above 112.50

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD extends Friday's weakness following bullish reversals in EURUSD and GBPUSD. Upward revision to May US Retail Sales helping USD this morning. Traders eyeing Trump/Putin summit underway + Fed's Powell speech tomorrow.

    USD extends Friday's weakness following bullish reversals in EURUSD and GBPUSD Upward revision to May US Retail Sales helping USD this morning Traders eyeing Trump/Putin summit underway + Fed's Powell speech tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCNH gains & GBPUSD weakness leading USD gains overnight, but momentum waning. GBP lags after Trump interview with UK press. Trump/May press conference on deck.

    USDCNH gains & GBPUSD weakness leading USD gains overnight, but momentum waning. GBP lags after Trump interview with UK press. Trump/May press conference on deck.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Swift reversal lower in crude oil rescues USDCAD after hawkish rate hike from BoC. Broad USD rally ensues with USDJPY breakout/USDCNH strength leading. USD backing off this morning after in-line US CPI.

    Swift reversal lower in crude oil rescues USDCAD after hawkish rate hike from BoC. Broad USD rally ensues with USDJPY breakout/USDCNH strength leading. USD backing off this morning after in-line US CPI.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets go "risk off" after US tariff list announcement on additional $200bln of Chinese imports. ECB headlines helping EURUSD over the last hr. Bank of Canada rate decision on deck 10amET.

    Markets go "risk off" after US tariff list announcement on additional $200bln of Chinese imports. ECB headlines helping EURUSD over the last hr. Bank of Canada rate decision on deck 10amET.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK cabinet resignations rattle GBP, igniting broad USD strength over last 24hrs. Weak European data today + bounce in USDCNH/sell off in gold spur more USD buying. Quiet calendar today with Bank of Canada tomorrow.

    UK cabinet resignations rattle GBP, igniting broad USD strength over last 24hrs Weak European data today + bounce in USDCNH/sell off in gold spur more USD buying Quiet calendar today with Bank of Canada tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD on the backfoot again following weaker the expected US wage growth. Theresa May and GBP survive Friday's key Brexit meeting. EURUSD and AUDUSD breaking out.

    USD on the backfoot again following weaker the expected US wage growth Theresa May and GBP survive Friday's key Brexit meeting EURUSD and AUDUSD breaking out

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD trading with weak tone ahead of US jobs report. Canada employment report also due. Markets largely shrugging off official start of US tariffs on China.

    Broader USD trading with weak tone ahead of US jobs report Canada employment report also due Markets largely shrugging off official start of US tariffs on China.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Report suggesting easing of US threat on EU car imports ignites rally in European equities and EUR. US ADP report dissapoints. US ISM, DOEs and FOMC Minutes on deck today.

    Report suggesting easing of US threat on EU car imports ignites rally in European equities and EUR US ADP report dissapoints US ISM, DOEs and FOMC Minutes on deck today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Yuan moves continue to lead broader USD. USDCAD finds bids into chart support, but lacking momentum. US traders out today for Independence Day holiday.

    Yuan moves continue to lead broader USD USDCAD finds bids into chart support, but lacking momentum US traders out today for Independence Day holiday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rumored Yuan intervention sees USDCNH reverse lower, USD now broadly lower. EUR sentiment aided by Merkel comprimise with CSU. RBA keeps rate unchanged.

    Rumored Yuan intervention sees USDCNH reverse lower, USD now broadly lower EUR sentiment aided by Merkel comprimise with CSU RBA keeps rate unchanged

    ...an agreement with her coalition partner CSU regarding immigration policy.  More here: https://www.washingtonpost.com/world/europe/germanys-angela-merkel-may-have-won-fight-over-migration-but-her-coalition-is-in-doubt/2018/07/02/d4e02b60-7da2-11e8-a63f...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly offered on EU migration development. USDCAD finds bids after technical selling yesterday. Cdn GDP and Business Outlook Survey on deck today.

    USD broadly offered on EU migration development USDCAD finds bids after technical selling yesterday Cdn GDP and Business Outlook Survey on deck today

    ...May accomplished much this week at the EU summit.  More here: https://www.theguardian.com/world/live/2018/jun/29/eu-summit-european-leaders-migration-deal-brexit-theresa-may-live-updates.  We think GBPUSD can weather this lack of progress on Brex...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BoC's Poloz causes some late day volatilty in USDCAD. GBP trades to new swings lows on Brexit pessimism. EURUSD trying to bounce but yuan weakness and German political uncertainty still cloud outlook.

    BoC's Poloz causes some late day volatilty in USDCAD GBP trades to new swings lows on Brexit pessimism EURUSD trying to bounce but yuan weakness and German political uncertainty still cloud outlook

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Chinese yuan weakness (USDCNH rally) continues to lead broad USD strength today. Trump softening stance on Chinese investments. BoC's Poloz speaks later today.

    Chinese yuan weakness (USDCNH rally) continues to lead broad USD strength today Trump softening stance on Chinese investments BoC's Poloz speaks later today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Yuan and gold weakness leading broad USD strength this morning. BoE's Haskel out with some dovish comments. Quiet North American calendar today.

    Yuan and gold weakness leading broad USD strength this morning BoE's Haskel out with some dovish comments Quiet North American calendar today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mild risk off tone in markets to start week. Futures traders aggresively bail USD shorts during June/Sep roll. EU summit in focus this week for EUR and GBP traders.

    Mild risk off tone in markets to start week Futures traders aggresively bail USD shorts during June/Sep roll EU summit in focus this week for EUR and GBP traders

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Big day for CAD ahead as traders await Canadian data points and OPEC decision. Bullish outside day patterns scored in EURUSD and GBPUSD. USDJPY sidelined.

    Big day for CAD ahead as traders await Canadian data points and OPEC decision Bullish outside day patterns scored in EURUSD and GBPUSD USDJPY sidelined

    ...lar is trading higher today after a bullish outside daily close yesterday.  The day started on shaky ground yesterday after two euro-sceptics were appointed to Italian parliamentary positions, which saw Italian 2yr yields spike again.  However, finance min...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet ahead of key Brexit "meaningful vote" amendment vote in UK today. Four central bankers speaking shortly in Portugal. BoE meets tomorrow.

    FX markets quiet ahead of key Brexit "meaningful vote" amendment vote in UK today Four central bankers speaking shortly in Portugal BoE meets tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets in "risk off" mode following increased US/China trade war rhetoric. USD and JPY safe haven demand in effect. Dovish Mario Draghi adding to EURs woes.

    Markets in "risk off" mode following increased US/China trade war rhetoric USD and JPY safe haven demand in effect Dovish Mario Draghi adding to EURs woes

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet to start week. Central bankers gathering in Portugal. BoE and OPEC in focus for later this week.

    FX markets quiet to start week Central bankers gathering in Portugal BoE and OPEC in focus for later this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR & GBP bouncing following plunge on dovish ECB press conference. CAD and AUD lagging as US/China trade war rhetoric heats up. Some option expiries in play at week's end.

    EUR & GBP bouncing following plunge on dovish ECB press conference CAD and AUD lagging as US/China trade war rhetoric heats up Some option expiries in play at week's end

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets fade hawkish Fed rate hike. ECB delivers mixed hold on rates, dissapointing hawks. All eyes on Mario Draghi presser at 8:30amET + US Retail Sales.

    Markets fade hawkish Fed rate hike ECB delivers mixed hold on rates, dissapointing hawks All eyes on Mario Draghi presser at 8:30amET + US Retail Sales

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD steady ahead of FOMC meeting. GBP lags on in-line UK CPI + Brexit amendment vote antics. EUR bid but large option expiry looms below.

    Broader USD steady ahead of FOMC meeting GBP lags on in-line UK CPI + Brexit amendment vote antics EUR bid but large option expiry looms below

    ...y sold 3,7 and 30yr debt today and the auctions went fairly well.  We also got some EUR positive comments from the alleged euro-skeptic Paolo Savona (“if you want a single market, you must have a single currency”...”there is no plan ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading broadly mixed following Trump/Kim summit. UK traders eyeing key Brexit related vote. US CPI on deck.

    USD trading broadly mixed following Trump/Kim summit UK traders eyeing key Brexit related vote US CPI on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD gaps higher after post G7 rant from Trump administration. Very busy week ahead for markets. Traders eyeing Fed, EBC, BOJ, Brexit vote, US/NK summit, OPEC, + economic data.

    USDCAD gaps higher after post G7 rant from Trump administration Very busy week ahead for markets Traders eyeing Fed, EBC, BOJ, Brexit vote, US/NK summit, OPEC, + economic data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad bout of risk aversion hits markets ahead of G7 meeting. CAD traders await Cdn jobs numbers. JPY and USD broadly higher.

    Broad bout of risk aversion hits markets ahead of G7 meeting CAD traders await Cdn jobs numbers JPY and USD broadly higher

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD chart mixed after yesterday's snapback. EUR extends gains while GBP and AUD lag. Canadian jobs report in focus for tomorrow.

    USDCAD chart mixed after yesterday's snapback EUR extends gains while GBP and AUD lag Canadian jobs report in focus for tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD technical structure reverses quickly. EUR bid on hawkishness leading up to ECB meeting next week. AUD bid following Australian GDP, but not benefitting from copper breakout.

    USDCAD technical structure reverses quickly EUR bid on hawkishness leading up to ECB meeting next week AUD bid following Australian GDP, but not benefitting from copper breakout

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD resumes rally as AUD gives up gains post RBA and oil declines post Trump request to OPEC. UK Services PMI rescues GBP. Trump now considering bilateral talks with Canada and Mexico.

    USDCAD resumes rally as AUD gives up gains post RBA and oil declines post Trump request to OPEC UK Services PMI rescues GBP Trump now considering bilateral talks with Canada and Mexico

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    AUD surge leads broad USD weakness into NY trading. Continued calm in European bond yields helping EUR. Brexit negotiations in focus for GBP traders this week.

    AUD surge leads broad USD weakness into NY trading Continued calm in European bond yields helping EUR Brexit negotiations in focus for GBP traders this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD recovers on in-line Cdn GDP, metal tariff news and crude oil weakness. EUR bid as Italy finally set to form government + Spain shakes off Rajoy oust. USD broadly bid ahead of US payroll report.

    USDCAD recovers on in-line Cdn GDP, metal tariff news and crude oil weakness EUR bid as Italy finally set to form government + Spain shakes off Rajoy oust USD broadly bid ahead of US payroll report

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada shocks market with hawkish hold on rates. Talk of euro-skeptic Savona being aside helps Italian bonds and EUR. Canada March GDP on deck.

    Bank of Canada shocks market with hawkish hold on rates Talk of euro-skeptic Savona being aside helps Italian bonds and EUR Canada March GDP on deck

    ...cal situation in Italy, there seemed to be a willingness yesterday on the part of Italian politicians to walk back talk of anti-euro sentiment.  The 5 and 10yr Italian bond auctions yesterday were not that bad.  There also seemed to be some desir...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR recovers as Italy auctions off bonds without a hitch. USDCAD weaker into BoC rate decision as 1.3025 resistance caps. USDJPY higher as US yields and global risk sentiment recovers.

    EUR recovers as Italy auctions off bonds without a hitch USDCAD weaker into BoC rate decision as 1.3025 resistance caps USDJPY higher as US yields and global risk sentiment recovers.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on EURUSD as Italian assets implode. USD broadly bid but turning as NY traders return from holiday. USDJPY feels brunt of "risk off", flight to quality bid in bonds.

    All eyes on EURUSD as Italian assets implode USD broadly bid but turning as NY traders return from holiday USDJPY feels brunt of "risk off", flight to quality bid in bonds

    ....1580s and the 1.1550s.  We saw a brief bounce after Italy’s Five Star’s leader Di Maio said he never sought a euro exit, but the move is lacking momentum.  All eyes will be on Italian bonds today and whether or not EURUSD can regain ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    OPEC driven crude oil selling allows USDCAD to break higher. EURUSD mared by Italian and now Spain political drama. USD broadly higher ahead of US long weekend.

    OPEC driven crude oil selling allows USDCAD to break higher EURUSD mared by Italian and now Spain political drama USD broadly higher ahead of US long weekend

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY off on Trump/NK headlines. GBPUSD bid post UK Retail Sales. USDCAD recovers on crude oil selling.

    USDJPY off on Trump/NK headlines GBPUSD bid post UK Retail Sales USDCAD recovers on crude oil selling

    ...ve Star considering the moderate Zingales for Finance Minister as opposed to Savona who was originally slated, but who was anti-euro).  We had some confusing but slightly hawkish comments from the ECB’s Visiliauskas (“...DOESN’T DISA...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Turkish Lira flash crash ignites "risk off" across all markets. USD higher across the board. Crude oil inventory data and FOMC Minutes today.

    Turkish Lira flash crash ignites "risk off" across all markets USD higher across the board Crude oil inventory data and FOMC Minutes today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly weaker but lacking momentum. Commodites leading CAD and AUD. EUR traders watching Italian politics.

    USD broadly weaker but lacking momentum Commodites leading CAD and AUD EUR traders watching Italian politics

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD offered ahead of Cdn Retail Sales & CPI at 8:30amET. USDJPY extends higher after weaker than expected Japanese CPI. EURUSD still clinging to support.

    USDCAD offered ahead of Cdn Retail Sales & CPI at 8:30amET USDJPY extends higher after weaker than expected Japanese CPI EURUSD still clinging to support

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD bid into NY trading. GBP volatile after conflicting Brexit headlines. AUD backs off highs after positive Australian employment report.

    USD bid into NY trading GBP volatile after conflicting Brexit headlines AUD backs off highs after positive Australian employment report

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Pressure in EM FX space driving broad USD strength this morning. UK reports mixed employment report. US Retail Sales up next.

    Pressure in EM FX space driving broad USD strength this morning UK reports mixed employment report US Retail Sales up next

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD bid to start week. CAD traders watching NAFTA, EURUSD and oil. Big week ahead of Australian data.

    USD bid to start week CAD traders watching NAFTA, EURUSD and oil Big week ahead of Australian data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly offered for the third morning in a row. All eyes on Canadian jobs report at 8:30amET. EURUSD bid but contained by Fib level and option expiry.

    USD broadly offered for the third morning in a row All eyes on Canadian jobs report at 8:30amET EURUSD bid but contained by Fib level and option expiry

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BoE keeps rates on hold with unchanged 7-2 vote split. USDCAD under pressure again with weak technicals. EURUSD bid ahead of US CPI and large option expiry.

    BoE keeps rates on hold with unchanged 7-2 vote split. USDCAD under pressure again with weak technicals. EURUSD bid ahead of US CPI and large option expiry.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk-on mood in markets this morning despite Trump backing out of Iran deal. USD topping out across the board. Big day for UK markets tomorrow.

    Risk-on mood in markets this morning despite Trump backing out of Iran deal USD topping out across the board Big day for UK markets tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell comments, Iran deal angst, strong technicals drives broader USD to new swing highs. Trump Iran annoucement at 2pmET. USDCAD breaks higher.

    Powell comments, Iran deal angst, strong technicals drives broader USD to new swing highs. Trump Iran annoucement at 2pmET. USDCAD breaks higher.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly bid to start week. CAD traders eyeing NAFTA talk early this week + jobs numbers at end of week. No hike now expected from BoE when it meets on Thursday.

    USD broadly bid to start week CAD traders eyeing NAFTA talk early this week + jobs numbers at end of week No hike now expected from BoE when it meets on Thursday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    GBP plunges after weak UK GDP. EUR continues lower after post ECB rout. USDCAD steady ahead of US GDP.

    GBP plunges after weak UK GDP EUR continues lower after post ECB rout USDCAD steady ahead of US GDP

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    No change in monetary policy announced by the ECB. Press conference at 8:30amET. USDCAD soft after negative NY close.

    No change in monetary policy announced by the ECB Press conference at 8:30amET USDCAD soft after negative NY close

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yield rise continues to drive broad USD strength. Quiet calendar today. ECB tomorrow and BOJ early Friday.

    US yield rise continues to drive broad USD strength Quiet calendar today ECB tomorrow and BOJ early Friday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    AUD snaps back after weaker than expected CPI. EUR bid ahead of option expiry. USDJPY breaks out ahead of BOJ on Friday.

    AUD snaps back after weaker than expected CPI EUR bid ahead of option expiry USDJPY breaks out ahead of BOJ on Friday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly bid as US 10s approach 3%. BOC's Poloz speaking later today. Big week ahead of EUR.

    USD broadly bid as US 10s approach 3% BOC's Poloz speaking later today Big week ahead of EUR

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Yield spike sparks broad USD rally after NY option cut. Carney adds to GBPs woes with dovish comments. Canadian Retail Sales & CPI on deck.

    Yield spike sparks broad USD rally after NY option cut Carney adds to GBPs woes with dovish comments Canadian Retail Sales & CPI on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD spikes higher after dovish hold from Bank of Canada, but rallying crude caps. GBP bounces in the face of negative UK retail sales. EUR and AUD directionless

    USDCAD spikes higher after dovish hold from Bank of Canada, but rallying crude caps GBP bounces in the face of negative UK retail sales EUR and AUD directionless

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD steady ahead of Bank of Canada rate announcement. USD broadly weaker as EURUSD and AUDUSD reverse higher. GBP lags on weak UK CPI.

    USDCAD steady ahead of Bank of Canada rate announcement USD broadly weaker as EURUSD and AUDUSD reverse higher GBP lags on weak UK CPI

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling backs off post Brexit higher after weaker than expected wage growth. EURUSD trying to hold yesterday's breakout. USDCAD choppy ahead of Bank of Canada tomorrow.

    Sterling backs off post Brexit higher after weaker than expected wage growth EURUSD trying to hold yesterday's breakout USDCAD choppy ahead of Bank of Canada tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD steady ahead of US Retail Sales. Bank of Canada meets Wednesday. Net USD long (CAD short) at CME continues to lose money.

    USDCAD steady ahead of US Retail Sales Bank of Canada meets Wednesday Net USD long (CAD short) at CME continues to lose money

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD testing trend-line support again. AUDUSD and crude oil leading. Another quiet session ahead for data.

    USDCAD testing trend-line support again AUDUSD and crude oil leading Another quiet session ahead for data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet. Trump tweet easing some Syria tension. Some central bank speak ahead today.

    FX markets quiet Trump tweet easing some Syria tension Some central bank speak ahead today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD consolidating losses. Broad USD moves+crude oil leading. Busy calender today with US CPI, DOEs, FOMC Minutes, mounting Syria tension.

    USDCAD consolidating losses Broad USD moves+crude oil leading Busy calender today with US CPI, DOEs, FOMC Minutes, mounting Syria tension

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD and crude oil gains leading USDCAD lower. China's Xi adds to "risk-on" mood. Canadian Housing Starts/US PPI at 8:30amET.

    EURUSD and crude oil gains leading USDCAD lower China's Xi adds to "risk-on" mood Canadian Housing Starts/US PPI at 8:30amET

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCNH leading early FX flows. Some CAD data ahead today. Watch EURUSD chart resistance.

    USDCNH leading early FX flows. Some CAD data ahead today. Watch EURUSD chart resistance.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump escalation of China trade tension + EURUSD selling keeps USDCAD bid ahead of big day. US & Canadian job reports at 8:30amET. Fed's Powell speaks at 2:30pmET.

    Trump escalation of China trade tension + EURUSD selling keeps USDCAD bid ahead of big day US & Canadian job reports at 8:30amET Fed's Powell speaks at 2:30pmET

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD sold as sense of calm returns to markets broadly. AUD selling leads broad USD rebound overnight. Trade figures out shortly and jobs reports out tomorrow.

    USDCAD sold as sense of calm returns to markets broadly AUD selling leads broad USD rebound overnight Trade figures out shortly and jobs reports out tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD cross selling destroys USDCAD chart yesterday. China tariff news/commodity rout helping USDCAD recover today. All eyes now on US reaction.

    CAD cross selling destroys USDCAD chart yesterday China tariff news/commodity rout helping USDCAD recover today All eyes now on US reaction

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD offered on bounce in US stocks + another positive NAFTA headline. Support levels, weak seasonals in focus. Big reports out Friday.

    USDCAD offered on bounce in US stocks + another positive NAFTA headline Support levels, weak seasonals in focus Big reports out Friday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD quiet ahead of Canadian GDP. Broader USD mixed to weaker. Long weekend ahead.

    CAD quiet ahead of Canadian GDP Broader USD mixed to weaker Long weekend ahead

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Range-trade continues for USDCAD. Large option expiry today. Canadian GDP out tomorrow.

    Range-trade continues for USDCAD Large option expiry today Canadian GDP out tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Month end GBP flows, EURUSD and USDCNH technicals driving overnight USDCAD trade. EURCAD & GBPCAD showing technical weakness. Another quiet session ahead.

    Month end GBP flows, EURUSD and USDCNH technicals driving overnight USDCAD trade EURCAD & GBPCAD showing technical weakness Another quiet session ahead

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Technicals and cross demand helping USDCAD despite broad USD selling. USDCNH breaks down, helping EURUSD break higher. Quiet, holiday shortened week ahead for data.

    Technicals and cross demand helping USDCAD despite broad USD selling USDCNH breaks down, helping EURUSD break higher Quiet, holiday shortened week ahead for data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD steady ahead of Cdn CPI and Retail Sales reports. USDCAD technicals better, but mediocre NY close yesterday. Overall FX vol mild despite growing US/China trade tension.

    CAD steady ahead of Cdn CPI and Retail Sales reports USDCAD technicals better, but mediocre NY close yesterday Overall FX vol mild despite growing US/China trade tension

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    More NAFTA positive news, higher crude crushes USDCAD. Less hawkish than expected rate hike from the Fed hurts USD broadly. Quiet session ahead for data.

    More NAFTA positive news, higher crude crushes USDCAD Less hawkish than expected rate hike from the Fed hurts USD broadly Quiet session ahead for data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US drops demand for US auto content. USDCAD breaking lower on NAFTA positive sentiment. US FOMC on next 2pmET, presser at 2:30pmET.

    US drops demand for US auto content USDCAD breaking lower on NAFTA positive sentiment US FOMC on next 2pmET, presser at 2:30pmET

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD range bound with broad USD bid offset by CAD cross sales. Positive NAFTA headlines helped sellers yesterday. FOMC meeting tomorrow.

    USDCAD range bound with broad USD bid offset by CAD cross sales Positive NAFTA headlines helped sellers yesterday FOMC meeting tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD off highs ahead of busy week ahead. USD shorts (CAD longs) continue to lose money. Positive NAFTA headlines just crossing.

    USDCAD off highs ahead of busy week ahead USD shorts (CAD longs) continue to lose money Positive NAFTA headlines just crossing

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD retains upward bias on broad USD bid. Quiet calendar for today and rest of week. CAD traders continue to add length in futures.

    USDCAD retains upward bias on broad USD bid Quiet calendar for today and rest of week CAD traders continue to add length in futures

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD resumes rally on dovish comments from Poloz. US Retail Sales and PPI on deck. Chart technicals supportive.

    USDCAD resumes rally on dovish comments from Poloz US Retail Sales and PPI on deck Chart technicals supportive

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD drifting higher into resistance at 1.2870s. US CPI next up. 500mln+ option expiry at 10am.

    USDCAD drifting higher into resistance at 1.2870s US CPI next up 500mln+ option expiry at 10am

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD broadly weaker after "goldilocks" US jobs report. USDCAD breaks support. US CPI and Retail Sales in focus this week

    USD broadly weaker after "goldilocks" US jobs report USDCAD breaks support US CPI and Retail Sales in focus this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canada exempt from steel tariffs. USDCAD soft ahead of US and Canadian job reports. Large option expiry could come into play.

    Canada exempt from steel tariffs USDCAD soft ahead of US and Canadian job reports Large option expiry could come into play

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD up post BOC, down after White House exemption headlines. Now steady as markets await ECB press conference. US and Cdn job reports tomorrow

    USDCAD up post BOC, down after White House exemption headlines Now steady as markets await ECB press conference US and Cdn job reports tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Gary Cohn out. Bank of Canada on deck. USDCAD steady to higher.

    Gary Cohn out Bank of Canada on deck USDCAD steady to higher

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD offered on broad USD selloff following positive North Korea headlines. Negative trade/NAFTA developments pushed to the side for now. Bank of Canada meets tomorrow.

    USDCAD offered on broad USD selloff following positive North Korea headlines Negative trade/NAFTA developments pushed to the side for now Bank of Canada meets tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canada not exempt from steel tariffs. EUR mixed after busy weekend. Traders eyeing four central bank meetings this week.

    Canada not exempt from steel tariffs EUR mixed after busy weekend Traders eyeing four central bank meetings this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD jittery amidst trade headlines. Market back near highs on massive EURCAD buying. Canadian GDP on deck at 8:30am.

    USDCAD jittery amidst trade headlines Market back near highs on massive EURCAD buying Canadian GDP on deck at 8:30am

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Technical selling continues to hit EURUSD. USDCAD bid on broad USD strength. Busy US calendar today.

    Technical selling continues to hit EURUSD USDCAD bid on broad USD strength Busy US calendar today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell speaks and markets speculate about 4th rate hike from the Fed. USD resumes near-term uptrend. EURUSD testing key support.

    Powell speaks and markets speculate about 4th rate hike from the Fed USD resumes near-term uptrend EURUSD testing key support

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD steady ahead of Fed Powell's testimony before congress. Text of speech to be released 8:30am. Hearing commences 10amET.

    USD steady ahead of Fed Powell's testimony before congress. Text of speech to be released 8:30am. Hearing commences 10amET.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Big GBP option expiry in play this morning. Busy US calender kicks off tomorrow with Powell testimony. USDCAD recoving Friday's losses

    Big GBP option expiry in play this morning Busy US calender kicks off tomorrow with Powell testimony USDCAD recoving Friday's losses

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD retreats with US yields. GBP volatile on fat finger. Cdn CPI on deck.

    USD retreats with US yields GBP volatile on fat finger Cdn CPI on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bond traders resume selling after FOMC minutes. USD rallies broadly on higher US yields. Canadian Retail Sales on deck

    Bond traders resume selling after FOMC minutes USD rallies broadly on higher US yields Canadian Retail Sales on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD extends gains after positive NY closes across the major currencies. GBP weighed down by soft UK jobs report. FOMC minutes in focus for 2pmET today

    USD extends gains after positive NY closes across the major currencies GBP weighed down by soft UK jobs report FOMC minutes in focus for 2pmET today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD extends recovery after bullish closing patterns on Friday. GBP bid on positive Brexit headlines. Traders eyeing record US bond issuance on tap for this week.

    Broader USD extends recovery after bullish closing patterns on Friday GBP bid on positive Brexit headlines Traders eyeing record US bond issuance on tap for this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY continues to lead broader USD lower, but reversal in the works. UofM survey on deck. Long weekend ahead of North American markets.

    USDJPY continues to lead broader USD lower, but reversal in the works UofM survey on deck Long weekend ahead of North American markets

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD violently reverses lower yesterday, led by gold breakout. Key technical reversals scored. USDJPY decline continues.

    USD violently reverses lower yesterday, led by gold breakout Key technical reversals scored SDJPY decline continues

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY plunge leads USD weakness in Asia. Europe buys dollars. US CPI & Retail Sales on deck.

    USDJPY plunge leads USD weakness in Asia Europe buys dollars US CPI & Retail Sales on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY collapses. GBP bid on UK CPI print. EUR oddly bid, especially against commodity currencies

    USDJPY collapses GBP bid on UK CPI print EUR oddly bid, especially against commodity currencies

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD mixed to start week, but broadly firming now. UK CPI on deck tomorrow and US CPI Wed. S&Ps stable.

    USD mixed to start week, but broadly firming now UK CPI on deck tomorrow and US CPI Wed S&Ps stable

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian employment report in focus. GBP getting crushed as Brexit worries now trump hawkish BOE. Option expiries in play for EUR and AUD.

    Canadian employment report in focus GBP getting crushed as Brexit worries now trump hawkish BOE Option expiries in play for EUR and AUD

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bullish USDCNH reversal leads USD strength overnight. BOE delivers hawkish hold on monetary policy. GBP surges while EUR, AUD, CAD work on reversals higher

    Bullish USDCNH reversal leads USD strength overnight BOE delivers hawkish hold on monetary policy GBP surges while EUR, AUD, CAD work on reversals higher

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    SD safe-haven bid fades as stocks recover. Technical reversals in AUD,EUR and GBP fizzle out however. USD now broadly bid again with USDCNY leading.

    SD safe-haven bid fades as stocks recover Technical reversals in AUD,EUR and GBP fizzle out however USD now broadly bid again with USDCNY leading

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Equity volatility markets break as stock market collapses. USD enjoying controlled safe-haven bid. US cash open nervously awaited.

    Equity volatility markets break as stock market collapses USD enjoying controlled safe-haven bid US cash open nervously awaited

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling sales leading USD bid to start week. Big night for AUD traders ahead. USDCAD traders eyeing chart resistance.

    Sterling sales leading USD bid to start week. Big night for AUD traders ahead. USDCAD traders eyeing chart resistance.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US jobs report in focus. BOJ goes full throttle on yield curve control. Stocks under pressure.

    US jobs report in focus BOJ goes full throttle on yield curve control Stocks under pressure

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Month-end USD demand noted yesterday. FOMC gives market slightly hawkish hold on rates. US ISM on deck and US NFPs tomorrow.

    Month-end USD demand noted yesterday FOMC gives market slightly hawkish hold on rates US ISM on deck and US NFPs tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US ADP and Cdn GDP beats. Trump speech a yawner. USD broadly weaker led by USDCNH breakdown. FOMC on deck at 2pm.

    US ADP and Cdn GDP beats Trump speech a yawner USD broadly weaker led by USDCNH breakdown

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD retreats as US 10s look over 2.73 and then reverse lower. Trump State of Union in focus. Key close for EURUSD ahead.

    USD retreats as US 10s look over 2.73 and then reverse lower Trump State of Union in focus Key close for EURUSD ahead

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD higher as US yields break higher. Aggregate USD short grows for 4th straight week. Trump State of the Union, FOMC and US payrolls in focus this week.

    USD higher as US yields break higher Aggregate USD short grows for 4th straight week Trump State of the Union, FOMC and US payrolls in focus this week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD on the backfoot again despite Trump stick save yesterday. Trump's Davos speech awaited along with US GDP/Cdn CPI. Mario Draghi's tone deemed not dovish enough.

    USD on the backfoot again despite Trump stick save yesterday Trump's Davos speech awaited along with US GDP/Cdn CPI Mario Draghi's tone deemed not dovish enough

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rumored mystery USD buyer overnight. Mnuchin talking down USD again. ECB holds with Draghi press conference underway.

    Rumored mystery USD buyer overnight Mnuchin talking down USD again ECB holds with Draghi press conference underway

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD slammed lower on Mnuchin comments. CAD benefits from Trump NAFTA soundbite. GBP surge continues.

    USD slammed lower on Mnuchin comments CAD benefits from Trump NAFTA soundbite GBP surge continues

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish BOJ fails to bring by USDJPY buyers. Sterling touches 1.40. CAD traders on NAFTA watch.

    Dovish BOJ fails to bring by USDJPY buyers Sterling touches 1.40 CAD traders on NAFTA watch

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US govt shuts down. Key vote at noonET. BOJ on deck tonight for JPY traders. NAFTA talks resume tomorrow.

    US govt shuts down. Key vote at noonET BOJ on deck tonight for JPY traders NAFTA talks resume tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trying to recover amidst USDCNH breakdown and US govt shutdown fears. CAD quiet. BOJ, ECB, NAFTA talks in focus for next week.

    USD trying to recover amidst USDCNH breakdown and US govt shutdown fears BOJ, ECB, NAFTA talks in focus for next week CAD quiet

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada's dovish 25bp hike later deemed more neutral. Mid-day USD meltdown saved by Apple headlines. Option expiries containing action in early NY trading.

    Bank of Canada's dovish 25bp hike later deemed more neutral Mid-day USD meltdown saved by Apple headlines Option expiries containing action in early NY trading

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada in focus today. Broader USD trying to bottom on the charts. Australian jobs numbers on deck tonight.

    Bank of Canada in focus today Broader USD trying to bottom on the charts Australian jobs numbers on deck tonight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD catches small bid on slight uncertainty entering German political arena, and softer than expected UK core CPI. Key technical levels in focus.

    Broader USD catches small bid on slight uncertainty entering German political arena Softer than expected UK core CPI Key technical levels in focus

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad USD selloff continues in thin MLK Day conditions. Bank of Canada in focus for CAD traders. USDCNH breaks down.

    Broad USD selloff continues in thin MLK Day conditions Bank of Canada in focus for CAD traders USDCNH breaks down

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR surging on German coalition breakthrough. GBP following suit. Commodities lagging. US CPI/Retail Sales on deck

    EUR surging on German coalition breakthrough Commodities lagging US CPI/Retail Sales on deck

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD hit by NAFTA headlines. China says Bloomberg report "could be based on wrong information". US yields softer

    CAD hit by NAFTA headlines China comments on Bloomberg report US yields softer

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US bond yields break out, but USD broadly lower on speculation of China scaling back UST purchases. JPY surges on stop run, BOJ taper speculation.

    Dollar/CAD is holding up remarkably well Aussie had a poor NY close yesterday GBPUSD recovered smartly after the China headlines

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BOJ taper panic sparks EURJPY sell off, pressuring EUR further, causing broad USD bid again.

    Dollar/CAD held steady yesterday as expected Sterling recovered nicely during the NY session yesterday EURJPY selling weighed on EUR

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR technical selling leads broad USD bid to start week

    Dollar/CAD is starting the week steady Sterling has been quiet to start the week Dollar/yen is taking some heat this morning

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on US payrolls and other data in a busy Friday session

    November Australian Trade balances figures released last night Dollar/CAD put in another poor performance yesterday JPY continues to be a victim of the tenacious global rally in stocks

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US ADP beats. USD still broadly offered on weak technicals. Global stocks surge, hurting JPY

    US ADP beats USD still broadly offered on weak technicals Global stocks surge, hurting JPY

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD struggling to find support. EUR & GBP off on JPY cross demand. Traders eyeing US ISM and FOMC minutes

    USDCAD struggling to find support EUR & GBP off on JPY cross demand Traders eyeing US ISM and FOMC minutes

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,aud,gbp,eur,cad,jpy,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD falls apart during holidays. Breakdown continues today, led by EUR. Markets still thin, technically driven, awaiting key data on Wed & Fri

    USD falls apart during holidays Breakdown continues today, led by EUR Markets still thin, technically driven, awaiting key data on Wed & Fri

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD looking shaky going into holidays. Massive option expiries today for AUDUSD & USDJPY. CAD traders awaiting Cdn GDP.

    Broader USD looking shaky going into holidays Massive option expiries today for AUDUSD & USDJPY CAD traders awaiting Cdn GDP

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD in focus today with Cdn CPI/Retail Sales on deck. EURUSD techs improve. BOJ keeps monetary policy unchanged.

    CAD in focus today with Cdn CPI/Retail Sales on deck EURUSD techs improve BOJ keeps monetary policy unchanged

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yields, USDJPY breakout on House/Senate passage of US tax reform. USDCAD stalls on charts ahead of key Cdn data points. EUR, AUD and GBP holding gains in quiet trade.

    USDJPY breakout on House/Senate passage of US tax reform USDCAD stalls on charts ahead of key Cdn data points EUR, AUD and GBP holding gains in quiet trade

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets rangebound ahead of holidays and option expiries. US tax bill update, BOJ, Cdn data expected later this week

    Markets rangebound ahead of holidays and option expiries US tax bill update, BOJ, Cdn data expected later this week Traders rescued sterling yesterday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD bid. EUR mixed as net longs hit 10yr high. Options in play in AUD and GBP near term.

    USDCAD bid EUR mixed as net longs hit 10yr high Options in play in AUD and GBP near term

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD traders caught off guard by Poloz speech. AUD holding gains. EUR quiet. USDJPY longs licking wounds

    CAD traders caught off guard by Poloz speech AUD holding gains USDJPY longs licking wounds

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD & US yields lower post Fed hike. AUD jobs smash expectations. BOE & ECB keep monetary policy unchanged. US Retail Sales & Mario Draghi presser on deck

    USD & US yields lower post Fed hike AUD jobs smash expectations. BOE & ECB keep monetary policy unchanged.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on the Fed today. Markets expecting 25bp hike.

    All eyes on the Fed today Markets expecting 25bp hike Aussie continues to hold its M&A related gains yesterday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    AUD bid on M&A. Broader USD range bound to weaker ahead of US FOMC tomorrow.

    AUD bid on M&A Broader USD range bound to weaker ahead of US FOMC tomorrow Australian NAB survey comes in light

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD quiet to start week. Action packed week ahead with data and central bank meetings/speakers.

    USD quiet to start week Action packed week ahead Euro/dollar is starting the week with a strong bid

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Deal reached between UK&EU on phase 1 of Brexit divorce. US Payrolls report up next.

    Deal reached between UK&EU on phase 1 of Brexit divorce Aussie now sits at its lowest point since June US Payrolls report up next

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    CAD hit on another dovish BOC rate hold. USD broadly bid. US payrolls in focus for tomorrow.

    CAD hit on another dovish BOC rate hold USD broadly bid US payrolls in focus for tomorrow

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada in focus for CAD traders. EUR traders marking time ahead of US payrolls. Brexit uncertaintly hurting GBP.

    Bank of Canada in focus for CAD traders EUR traders marking time ahead of US payrolls Brexit uncertaintly hurting GBP

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    GBP traders sell the Brexit resolution hype. USDCAD struggling to find support. AUD bid.

    GBP traders sell the Brexit resolution hype USDCAD struggling to find support AUD bid

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD slammed lower from Cdn jobs/GDP data. USDJPY and US stocks recover from Michael Flynn headlines. GBPUSD traders pumped up about Brexit talks today in Brussels. RBA rate decision on deck for Aussie traders

    USDCAD slammed lower from Cdn jobs/GDP data USDJPY and US stocks recover from Michael Flynn headlines GBPUSD traders pumped up about Brexit talks today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Roaring US stocks save USDJPY yet again. EURUSD recovers. USDCAD bid continues with traders now eyeing the Cdn GDP on Cdn jobs reports.

    Roaring US stocks save USDJPY yet again. EURUSD recovers. USDCAD bid continues with traders now eyeing the Cdn GDP on Cdn jobs reports.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    OPEC agrees on oil supply cut extension to end of 2018. Oil off high of day. USDCAD hovering near highs.

    OPEC agrees on oil supply cut extension to end of 2018 Oil off high of day USDCAD hovering near highs

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD shorts readjust ahead of Yellen today and OPEC tomorrow. GBP volatile but now higher post Brexit divorce settlement headlines. USDCAD on verge of upside breakout.

    USD shorts readjust ahead of Yellen today GBP volatile but now higher post Brexit divorce settlement headlines USDCAD on verge of upside breakout

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD resumes offered tone to start week, with $EUR leading. Busy week ahead for markets. USDCAD range bound to lower near-term.

    USD resumes offered tone to start week, with EUR leading. Busy week ahead for markets. USDCAD range bound to lower near-term.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish FOMC minutes changes the tide for the broader $USD. $AUD, $CAD, $EUR, $GBP, $JPY all now looking technically stronger. Liquidity still at a premium in holiday trade.

    Dovish FOMC minutes changes the tide for the broader $USD. $AUD, $CAD, $EUR, $GBP, $JPY all now looking technically stronger Liquidity still at a premium in holiday trade.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    (Draft) Broader $USD quiet ahead of US Thanksgiving. USDCAD influenced by options/cross sales. USDJPY position liquidation continues

    Broader USD quiet ahead of US Thanksgiving USDCAD influenced by options/cross sales USDJPY position liquidation continues

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader $USD quiet ahead of US Thanksgiving. USDCAD influenced by options/cross sales. USDJPY position liquidation continues

    Broader USD quiet ahead of US Thanksgiving USDCAD influenced by options/cross sales USDJPY position liquidation continues

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD lower again on German political uncertainty. USDJPY & AUDUSD recover. USDCAD traders watching improving techs, but cross sales now weighing.

    German Political Uncertainty Grows, EUR Traders Now Selling AUD Gets A Lift On Comments From RBA's Lowe, But Techs Still Weigh USDCAD Techs Continue to Improve, However Cross Sales Weighing Today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German politics in focus for $EUR traders. $JPY shorts at new high as #USDJPY recedes. Quiet week expected ahead. US Thanksgiving on Thursday.

    Coalition talks break down in Germany, but EUR shrugs off after initial dip JPY shorts (USD longs) at yet another multi-year high Quiet economic calendar ahead this week. US Thanksgiving on Thursday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $AUD breaks lower. $EUR & $GBP rangebound. $JPY at key support. $CAD traders await CPI

    USDCAD traders await Canadian CPI More range trading ahead for EURUSD and GBPUSD USDJPY testing key support

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $EUR traders take profit. Global equities & USDJPY recover. $CAD traders watching cross flows, Cdn CPI in focus tomorrow.

    There’s not much going on with CAD. Sterling continues to chop around. US stocks snapped back again.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $EUR surges higher on technical break. #USDCAD supported by cross buying. Big day for $AUD ahead.

    Australian Wage Price Index comes in weaker than expected UK employment figures were a mixed bag Buyers are stepping up to the plate in USDCAD, encouraged by CAD selling on the crosses.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $EUR breaks higher. Central bankers don't say much in Frankfurt. COT shows extending JPY positioning.

    AUDUSD may drift a little higher. Not much going on in CAD over the last 24hrs. An impressive day to say the least for EURUSD.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $GBP knocked down again by UK/Brexit drama. Broader $USD quiet. Central bankers in focus tomorrow in Frankfurt.

    It’s been a quiet start to the week for CAD Negative headlines out of the UK A very quiet start to the week for EUR as well

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets and $USD quiet. Equities recover. $GBP bid. #USDCAD at critical support.

    Dollar/CAD now sits at critical support in the 1.2660s Euro closed above the key 1.1620-25 resistance level yesterday Sterling was really the only market moving around a bit overnight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD broadly offered, $JPY bid as global equities see selling. Traders watching EUR techs.

    Dollar/CAD is breaking some technical support here in London trade Watch for Brexit headlines today and UK data tomorrow morning Dollar/Yen bulls put up a fight yesterday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY starting to turn. EURUSD steady. USDCAD weighed down by cross flows again. $CAD $EUR $USD $JPY $GBP

    Dollar/CAD holds true to its new range-bound trading pattern UK is dealing with a bit of political turmoil Dollar/yen traders are giving up a little bit overnight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD broadly bid. $EUR and $AUD traders resume selling. $CAD traders watching Poloz today.

    Reserve Bank of Australia delivers a dovish hold on interest rates yet again overnight Today is all about Poloz Technical selling pressure continues to weigh on the Euro

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY reversing off highs. EURUSD sales continue. USDCAD finds support. Quiet week ahead. $CAD $JPY $EUR

    US NFPs disappoint on Friday USDJPY tries to break higher overnight GBP fighting to get back into a range trade

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD mixed ahead of data heavy US session. Option traders predict no excitement.

    USD mixed to higher as markets await data-heavy morning ahead. AUD softer on weaker than expected Australian retail sales. EUR and JPY stuck at familiar levels with large option expiries today.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD range-bound ahead of FOMC. $GBP bid ahead of BOE. $CAD sees liquidations.

    AUD still capped by technical resistance GBP holds yesterday’s gains USDJPY the laggard yesterday as US yields back up further

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD quiet to start week. Busy calendar this week for econ data/central bank speak

    USD starts the week mixed as markets digest recent moves GBP leading with traders expecting a rate hike from BoE EUR holding up well despite weak technicals and negative news

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB gives market super dovish taper. $EUR lower. $USD broadly higher. US GDP on deck.

    ECB gives the market an even more dovish taper than was expected EURCAD breakout derailed for the time being GBPUSD back at range lows

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    BOC leaves rates on hold with dovish tone. $CAD sells off again. ECB policy meeting up next.

    Bank of Canada leaves rates unchanged and adopts a more dovish tone into year end JPY traders watching key technical level in EURJPY GBP backing off a bit on some soft retail sales data

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $AUD weak. $GBP bid. $CAD testing key levels. BOC decision 10amET

    AUD weaker on lower than expected Australian CPI, technicals weigh EUR marking time ahead of the ECB tomorrow CAD follows AUD weaker overnight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY higher. $NZD dragging down $AUD and $CAD. Week's main events still to come

    USD demand noted again overnight with US yields and USDJPY leading NZDUSD sales dragging AUD and CAD lower Traders not responding well to New Zealand PM’s call

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDJPY leads $USD higher to start week. Bank of Canada & ECB in focus this week

    USDCAD starts the week steady but with an upward bias EURUSD is getting sold again this morning USDJPY is leading the USD higher today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Senate passes blueprint for tax reform. $USD bid. $CAD traders focused on CPI/Retail Sales.

    US Senate passes blueprint for 2018 budget Traders bid up USD across the board in Asia Yellen speaking after the close of NY trading today

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD broadly weaker in news heavy overnight session. US stocks, $JPY in focus. $EUR bid.

    AUD higher on stronger than expected Australian employment figures GBP sees some selling on much weaker than expected UK Retail Sales JPY rallies strongly as the Nikkei makes a blow off top

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yields higher again, helps #USDJPY. $EUR sagging. $GBP mixed. #USDCAD weak on technicals.

    Rising US yields are the feature again overnight Sterling all over the place after the UK releases employment figures USDCAD weaker on technicals

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Taylor now a Trump favorite for Fed Chair. $USD bid. $GBP weighed down by Carney.

    EUR weighed down further by weak technicals, cross selling GBP can’t hold bid from in-line UK CPI USDCAD up on rising US yields

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $CAD offered to start week as net longs at 5yr high. Cross buying EURCAD and GBPCAD.

    The broader USD starts the week mixed Austria elects non-establishment Kurz over the weekend EUR net long extends to highest since 2011 as longs add

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Barnier knocking around $GBP traders. $EUR looking heavy. US CPI/Retail Sales 8:30am.

    GBP looking better on the charts across the board JPY sees some demand overnight CAD is steady after lackluster trade yesterday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD trading mixed ahead of US PPI. $GBP slammed lower on Brexit impasse comments

    Nothing new learned from the FOMC minutes yesterday Powell now out front as the next Fed Chair USD trading mixed ahead of US PPI

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Catalonia defers independence. $EUR holding bid. Broader $USD mixed. FOMC minutes today.

    Dollar/CAD continues to waffle around the 1.25 handle EURCAD and GBPCAD flows have been supportive so far this week Traders watching Spain’s response now

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    North Korea fears spark $USD reversal, Yuan strength leads to start week $CNY

    USD now firmly lower from Friday's levels The Yen is tracking gold higher Traders noting a heavy week of option expires ahead

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's jobs Friday! NFP/Cdn employment on deck. $USD shorts to get tested further. $EUR $GBP $CAD $AUD $JPY

    Sterling is headed for its worst week in a year The Euro probed lower overnight Dollar/yen has renewed its upward march

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $AUD lower on Retail Sales. No love for $GBP. NFP looms

    US stocks trade to yet another record high GBPUSD cracks below the 1.3225 USDJPY marginally weaker overnight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US yields and $USD weaker overnight as Trump reveals short-list for next Fed chair $CAD $EUR $JPY

    Asia offers up USD across the board AUDUSD the clear winner overnight USDCAD drifts lower on not much else than the broader USD weakness

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    RBA stands pat. $EUR and $AUD bounce. $CAD stuck with crosses weighing.

    AUDUSD probes below the 78 handle for a third time EURUSD makes a new low overnight below 1.17 Hearing talk overnight that a large macro fund bought USD across the board

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD bid on positioning, UK PMI miss and Catalan news $EUR $GBP

    USD starts the week with a strong contrarian bid tone CAD and AUD longs continued to take heat post FOMC A reminder China is closed this week for Golden Week

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    $USD trading mixed with month-end flows & option expiries. Cdn GDP in focus for $CAD.

    AUDUSD trying to bottom with a strong bounce off 0.7800 GBP weaker yet again in London trading Technical resistance proved formidable for USDCAD yesterday

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,aud,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish Poloz slams $CAD. $GBP finding support. $EUR bid amid option expiries.

    CAD craters on dovish comments from BOC Poloz S&Ps trade to new record on Trump tax plan GBPUSD gives up the NY low again overnight

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader $USD resumes rally after mixed message from Yellen. $CAD traders eyeing Poloz speech.

    Mixed messages from Yellen’s speech yesterday Technical selling re-emerges in EURUSD during European trading Aussie tracks the EUR lower, testing the 0.7850

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Blame it on the $JPY

    Declaration of war rhetoric from North Korea GBPUSD barely hugging onto bullish thesis Distillate-led rally in oil prices having no effect on commodity currencies.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR and NZD Under Pressure Post Elections

    EUR and NZD weaker to start week GBP shorts covered big time post BOE Quiet Monday with Draghi on the wires at 9am

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,nzd,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    May Saves The Day. GBP Bid Returns, EUR and CAD Follow Suit.

    UK’s Theresa May saves the pound yesterday. Politics center stage this weekend. Oil market is watching for any developments today.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; dis...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 21, 2017

    Get insights with your morning coffee. A daily feed of currency market highlights, calendar of impactful reports and events, and market trends in bite size nuggets.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 20, 2017

    Get insights with your morning coffee. A daily feed of currency market highlights, calendar of impactful reports and events, and market trends in bite size nuggets.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; dis...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 19, 2017

    Get insights with your morning coffee. A daily feed of currency market highlights, calendar of impactful reports and events, and market trends in bite size nuggets.

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; dis...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates