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FX Update – August 13

USDJPY, H4 USDJPY has perked up to NY-session highs of 106.67, up from 105.15 ahead of the US CPI data. Wall Street has been the...

Powell Testimony Sinks USD

Fed Chair Powell's prepared testimony said uncertainties since the June FOMC continue to weigh on the outlook while inflation pressures remain muted.   https://soundcloud.com/hotforexbroker/powell-testimony-sinks-usd   Click here to access the...

BoC and Loonie Crosses

Bank of Canada's announcement is expected to result in no change in rates and a repeat of the data-driven mantra. Given that recent data...

Weaker USD into final session of Q2

US Equities are making cautious headway and the USD is pressured as markets await the meeting between Presidents Trump and Xi this Saturday at...

Commodity Currencies Bid into Month-End

Commodity Currencies, Daily As week, month, quarter and half year all conclude, the key commodity currencies have all breached key psychological levels today. USDCAD has...

Oil prices continue to lift the Loonie

USDCAD, H1 The Canadian Dollar, buoyed by a 4.5%-plus (over $3.00/barrel) rally in oil prices over the last day, has seen some moderate outperformance, which...

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Macro Events & News

USD sinks as CAD spikes

Macro Events & News

USA500 – The Bid Goes On

Mixed Footing for Sterling