FX Update – Sterling Soft & CADJPY – A Perfect Storm

GBPUSD & CADJPY, H1 Cable is softer today after last week’s rally. The pair posted a 17-day high at 1.2486 on Friday, which was the...

Another Friday cut from BOC

USDCAD, H1 Bank of Canada cuts rates by 50 bps to 0.25%. A rate reduction to the 0.25% setting was widely expected either at or...

FX Update – 27 March 2020

USDJPY, H1 The Dollar declined and then recovered some of its losses, which saw the narrow trade-weighted USDIndex print a nine-day low at 99.15 before...

US Claims & GDP – 2 Sides of the COVID-19 Coin

The 3,001k initial claims surge to an unprecedented 3,283k in the third week of March dwarfed the 71k rise to 282k (was 281k) in...

Durable Goods bounce but what’s next?

GBPUSD, H1 The 1.2% February US durable orders bounce beat estimates thanks to a 4.6% transportation gain, though orders ex-transportation fell -0.6% to modestly undershoot...

FX Update – March 25 – USD Cools

USDCAD, H1 The commodity (AUD again today's best performer) and many developing world currencies have continued to rebound, while the Dollar, Yen and Swiss franc...

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Macro Events & News

Macro Events & News