Forex Opinion & Analysis

The market sentiment remains fragile. Equities are mostly lower. Japan was a notable exception, and concerns about China's economy after a sharp decline in imports took mainland and Hong Kong-listed...

Canadian dollar takeawaysA combination of strong jobs data, surging oil prices, and hawkish comments from BOC Governor Macklem pushed USD/CAD to test multi-month lows in the 1.3300s. Key support...

The EUR/USD pair will likely form a trading range following the bull channel that began on March 23rd. This means that prior lower highs in the bull channel are magnets. The bears must get a breakout...

Canada add 41K new jobs US nonfarm payrolls jump to 253K Canadian dollar surges by 1.2% The Canadian dollar has extended its gains on Monday. USD/CAD is currently trading at 1.3339, down...

There is a nervousness that hangs over the capital markets. Although US banks shares recovered at the end of last week, many continue to see the sector’s challenges as the harbinger of a...

EUR/USD going nowhere last week as I suspected so that has meant buying at strong support at 1.0975/55 (a low for the day here on Friday) & selling at resistance at 1.1080/1.1100 has worked.Keep...

The EUR/USD had a strong buy signal bar on May 2nd that rallied to the April 26th high. However, the market came within three pips of the April 26th high and failed. The bears who sold above the May...

Overview: The US dollar is weaker against all the G10 currencies today but the Swiss franc. The backdrop seems fragile even though a few regional bank shares have done better in after-hours...

Canada’s employment change expected to slow US nonfarm payrolls projected to fall to 179,000 Canadian dollar rallies for third straight day The Canadian dollar continues to rally today and has...

The NFP report is expected to show 180K net new jobs and wages rising 0.3% m/m. With the Fed now likely pausing, traders will be more sensitive to unexpected weakness in the labor market than...

The European Central Bank raised interest rates by a quarter of a percentage point to 3.75%, duplicating the Fed's move the day before. This was the move that market analysts had been predicting,...

Swiss inflation expected to rise to 0.5% Swiss franc’s appreciation raises concerns at SNB Fed raises rates by 25 bp USD/CHF is trading at 0.8872 today, up 0.32%. The pair is recovering after...