Share: GBP/USD continues to pivot around 1.2600. Economists at Scotiabank analyze the pair’s outlook. Medium-term support at 1.2500/1.2520 looks solid Short-term price action looks a little...
Share: USD/CAD is trading flat on the session. Economists at Scotiabank analyze the pair’s outlook. Resistance around 1.3540 firms Short-term trend signals are weak, supporting the...
Share: EUR/USD remains well within this week’s range, with early gains capped again in the upper 1.0700s. Economists at Scotiabank analyze the pair’s outlook. EUR is...
Share: Gold (XAU/USD) could trade well above the $2,300 level for a time next quarter, strategists at TD Securities say. Positioning, Fed credibility angst are catalysts...
Share: The US Dollar (USD) is narrowly mixed in quiet trading. Economists at Scotiabank analyze Greenback’s outlook. USD needs more support from higher yields and/or stronger...
Share: Banxico announced its latest rate decision on Thursday, February 8 with no change to the current 11.25% policy rate. USD/MXN reaction was fairly muted. Economists...
Share: Economists at Wells Fargo forecast US Dollar depreciation as 2024 progresses, and into 2025. Further depreciation in the US Dollar through 2025 While we expect...
Share: It has become increasingly likely that Donald Trump will be the Republican candidate in the presidential election in the fall and that there will be...
Share: It has been a relatively quiet start to the year in FX markets. Economists at ING analyze the EUR/USD outlook. EUR/USD seen ending the year...
Share: The road to the White House currently looks like a rematch between President Joe Biden and former President Donald Trump. Economists at Citigroup explain why...
Share: Economists at the Bank of America analyze the potential shift from the US Dollar’s (USD) carry advantage to a significant headwind. Challenging period ahead for the...
Share: Gold has recorded a surprisingly strong performance despite interest rates reaching a two decade high in the US and Western world. Strategists at TD Securities...
Share: S&P 500 scales 5,000. Economists at Société Générale analyze the index outlook. 2022 high of 4,840/4,800 could be an important support S&P 500 has experienced...
Share: Today sees one of the key event risks of the week – the annual US CPI benchmarks revisions. Economists at ING analyze how the annual...
Share: Canada’s employment data for January will be reported by Statistics Canada on Friday, February 9 at 13:30 GMT and as we get closer to the...
Share: Bank of Mexico’s monetary policy decision is due out today. Will the Banxico signal a turnaround? Economists at Commerzbank analyze how the Mexican Peso (MXN)...
Share: US Dollar (USD) holds steady with the USD Index (DXY) moving sideways near 104.00. Economists at ING analyze Greenback’s outlook. Dollar to trade on the...
Share: Economists at Wells Fargo expect a stronger Japanese Yen (JPY) versus the US Dollar (USD) through 2024. Japanese Yen to be an outperformer this year...
Share: EUR/USD is working its way back up in small steps. Economists at Commerzbank analyze the pair’s outlook. Euro side still not helpful for EUR/USD While...
Share: The Swiss Franc (CHF)proved the major G10 outperformer in 2023. Economists at CIBC Capital Markets analyze EUR/CHF outlook for the coming months. Graduated weakening in...