Week Ahead – Brace for US Midterm Elections and Inflation Data
There are only a handful of events next week but they will be crucial for […]
Weekly Focus – Easing of Financial Conditions Comes to a Halt as Fed Maintains a Hawkish Tilt
Whereas last week ended on the note that we may be approaching the point of […]
Is China “Reopening”? The Forex Impact
China’s covid policy hasn’t led to a nationwide lockdown, so it’s more of a metaphor […]
Forex Friday: USD, EUR, GBP, CNH
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly […]
USD Snaps Back on NFP After Fed-Fueled Rally: EUR/USD, GBP/USD
The US Dollar has erased the entirety of the gains from the FOMC rate decision […]
USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Oct 27, 2022 18:00 GMT when USD/CAD traded near 1.36.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
US: Job Growth Surprises to the Upside in October, Unemployment Rate Ticks Up to 3.7%
The U.S. economy added 261k jobs in October, coming in above the consensus forecast of […]
Canadian Employment Surges in October
Employment blew away expectations in October, as the Canadian labour market added a meaty 108k […]
USD/JPY Technical Outlook in Limbo, but Leans Bearish
USD/JPY continues to teeter outside of a large rising wedge break, with price action contracting […]
US NFP rose 261k in Oct, unemployment rate rose to 3.7%
US non-farm payroll employment grew 261k in October, well above expectation of 200k. Prior month’s […]
USDCAD: Cycle Triple Zigzag Likely to Complete at 1.403
The current USDCAD chart shows the internal structure of a large correction pattern, which most […]
Canada employment grew 108k in Oct, unemployment rate steady at 5.2%
Canada employment grew strongly by 108k in October, well above expectation of 11k. Unemployment rate […]