Monday open indicative forex prices,
Monday has started already … U.S. forces have struck two Iranian launchers near Strait of HormuzEarly FX i ...
USD/JPY extends gains as focus turns to Fed Chair Warsh’s speech
FUNDAMENTAL OVERVIEW USD:The US dollar has been mixed in the last couple of days, with traders
likely taking ...
Indian Rupee erases most of Tuesday’s gains as oil prices rebound on lack of US-Iran deal
FUNDAMENTAL
OVERVIEW USD:The US dollar strengthened across the board yesterday after the US PCE
data. Th ...
EUR/USD remains supported amid “Bessent put”, steady inflation; Traders await Warsh’s speech at Jackson Hole
FUNDAMENTAL
OVERVIEW USD:The US dollar strengthened across the board yesterday after the US PCE data.
Th ...
ING says Canadian dollar has further to fall on tariff chaos
ING’s call sets up a bearish CAD view even after a period of relative currency resilience, arguing that markets ...
UBS backs de-dollarization trend, lifts gold target to $5,400 an ounce
UBS is treating dollar weakness as a structural theme rather than a short-term wobble, which points to sustained flow ...
The Canadian consumer isn’t cracking yet, but the momentum is fading
Scotiabank published its NielsenIQ Omnishopper and the headline number is a deceleration: consumer spending growth ra ...
US July core PCE 3.3% y/y vs 3.3% expected
Prior was 3.3%Headline y/y 3.7% vs 3.6% expected (3.7% prior)Headline m/m +0.2% vs +0.1% expected (-0.1% prior)Core P ...
Canada announces counter tariffs convering roughly $20 billion of products
Effective Sept 7, counter-tariffs will be on around 700 products with 15%, 25% or 50% tariffsWill introduce a C$7.5 b ...
Dollar slips to lowest since May as Treasury doubles bond buybacks, what’s next?
The dollar’s slide to its weakest level since May reflects a shift in the rates backdrop rather than a single c ...
Treasury yields dip but continues to probe the top of the range
There is something disquieting about a government fighting markets. There is a certain futility about it in large par ...
Trump says 50% tariffs on Canadian autos coming on January 1, 2027
USD/CAD is a few pips higher on this but we knew that some retaliation was coming and this isn’t exactly a nucl ...