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CAD CPI & Strong US Housing ahead of FED

USDCAD, H1 Canada's CPI through August is consistent with steady BoC policy through year end. CPI dipped to a 1.9% y/y pace in August from...

USD Softens vs CAD & GBP

USDCAD & GBPUSD, H1 USDCAD traded to two-week lows of 1.3225 (S1) in early North American trade, down modestly from early Asian highs of 1.3253....

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...

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