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Get updates on the latest economic news and trends and how it affects currency prices and also commentary from experienced currency traders. Updated weekly. Podcast and weekly newsletter coming soon.

April 16, 2018

Bank of Canada Governor Stephen Poloz’s cautious approach to interest rates is about to be challenged.

While the central banker is expected to hold off from raising borrowing costs for a second straight policy decision on Wednesday, and retain a degree of prudence in his rhetoric, Poloz will probably face mounting press...

April 15, 2018

  • After the airstrikes on Syria early on Saturday, the situation seems contained. 

  • There are growing chances of a relief rally, positive for the USD/JPY.

  • For the USD/CAD, the event is a double-edged sword, but the Canadian Dollar could come out on top.

Early on Saturday morning, US President Donald Trump...

April 4, 2018

BENGALURU (April 4): Most emerging Asian currencies edged higher on Wednesday as the dollar was shackled by worries that escalating US-China trade tensions could dent global growth and drag on the US economy.

The US currency has lost about 2.2% against a basket of six major currencies so far this year, with trade tensio...

April 4, 2018

JOHANNESBURG, April 4 (Reuters) - South Africa's rand slipped to its weakest in two weeks on Wednesday as heightened concerns over the impact of a trade war between China and the United States hit investor demand for emerging market currencies.

Stocks were also weaker on the day.

At 1525 GMT, the rand traded 0.61 percent...

April 4, 2018

The path ahead looks challenging for South Africa’s rand, if oil prices are anything to go by.

Concern that U.S. President Donald Trump’s measures will trigger a trade war may hamper global growth and weaken demand for oil, according to Nedbank technical analyst Mehul Daya.

“Oil leads the rand,” said Daya. “Sixty percent...

April 3, 2018

Summary

  • The Norwegian economy is steadily recovering from a 2014’s oil slump-induced market shock, with most of the underlying macroeconomic indicators pointing upwards.

  • Despite this fact, and rising oil prices, the Norwegian Krone continues to fall in value versus the European currency with striking pace, reac...

April 3, 2018

[SEOUL] South Korea's Kospi stock index weakened on Monday as major auto shares like Hyundai Motor and Kia Motors marked losses after US regulators opened a probe to look into airbag failure in vehicles from those companies.

The Korean won edged down against the US dollar and bond yields also fell.

At 06:32 GMT, the Kosp...

April 3, 2018

Analysts at BBH explain that the Mexican peso and Canadian dollars continue to respond positively to the latest turn in the NAFTA plot.  

Key Quotes

“On Sunday, President Trump threatened to leave NAFTA talks and was critical of Mexico's border controls.  Late yesterday, press report suggested that Trump was pushing for...

April 2, 2018

NZD/USD TALKING POINTS:

  • The New Zealand Dollar is struggling to find a direction within a bullish reversal pattern

  • A breakout above the near-term resistance line exposes the March 27 high around 0.7303

  • Immediate support looks to be 0.7186 which is then followed by two significant trend lines

Just started...

April 2, 2018

The Australian dollar continued struggling and lost further ground leading into Easter. Will its fate turn around in the second quarter? Here are the highlights of the week and an updated technical analysis for AUD/USD.

Fears of a trade war actually waned ahead of the holiday, but the Aussie continued its downside slide...

April 2, 2018

Dollar/yen began the last week of Fiscal Year 2017 by dipping to the lows but quickly recovered. Is this a change of course or only an adjustment for temporary purposes? The upcoming week features the Non-Farm Payrolls and a FY in Japan.

USD/JPY fundamental movers


Strong US GDP, last-minute flows


The US economy grew at...

March 29, 2018

Analysts from Brown Brother Harriman consider that the current agenda of reforms will be hard to keep, no matter who wins the presidential election in October. 

Key Quotes: 

“Brazil’s economy continues to recover. GDP continues to accelerate, and grew at 2.1% y/y in Q4 2017, the most growth since Q1 2014.”

“Brazil’s infla...

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