Forex

Lower US yields and narrower US/Canada spreads are weighing on USD/CAD, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD is supported by narrower…

EUR/GBP has rebounded after touching the lower channel line of its rising channel.  The chart suggests a mild bullish bias as price slowly makes steps…

Listening to ECB President Christine Lagarde, one gets the impression that a further ECB interest rate hike as early as October is highly unlikely. Of course,…

Thursday’s ECB policy decision yielded no surprises, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Narrower EZ/US yield differentials push EUR higher…

NZD/USD drops sharply to near 0.6160 despite diminishing Fed small rate cut bets weighing on the US Dollar. Slower-than-expected US annual PPI boosted Fed…

At the beginning of next week, there will be all kinds of economic data from China to ‘work through’, Commerzbank’s commodity analyst Barbara Lambrecht notes.…

Natural Gas prints fresh gains for this Friday with US session underway.  Gas reserves in Europe are near full while concerns arise over US reserves The…

S&P 500 followed through on Wednesday‘s reversal, and the right shoulder of Sunday discussed inverted H&S is complete. Hotter than expected PPI wasn‘t…

The Pound Sterling (GBP) is little changed on the day after rallying in late trade Thursday, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Short term…

Consumer confidence in the US improved slightly in early September. UoM survey showed one-year inflation expectation edged lower to 2.7%. Consumer…