An Anti-Dollar Conspiracy?

Market Drivers April 18, 2018 UK Inflation data misses Iran will go to all euro transactions Nikkei 1.42% Dax -0.04% Oil $67/bbl Gold $1345/oz. Bitcoin $8095 Europe and Asia: GBP UK Core CPI 2.3% VS. 2.5% EUR EUR...

Bank of Canada Preview – What to Expect for USD/CAD

The U.S. dollar traded higher against all of the major currencies today as stronger U.S. data, a gap higher in the Dow Jones Industrial Average and uptick in 10...

UK Labor Data Cools Cable’s Rally

Market Drivers April 17, 2018 UK Labor data cools cable's rally ZEW misses badly Nikkei 0.06% Dax 0.76% Oil $66/bbl Gold $1342/oz. Bitcoin $8130 Europe and Asia: AUD RBA Minutes dovish slant GBP UK Claimant Count 11.6K vs....

AUDCHF to .7370? – Weekly Chart

U.S. retail sales may have been the most important event risk on today’s calendar but President Trump’s tweet about China and Russia playing the currency devaluation game puts tensions...

Dollar Down – Is Market Looking for Weak US Retail Sales?

Market Drivers April 16, 2018 Dollar down against the majors FX waits for US Retail Sales Nikkei 0.26% Dax 0.10% Oil $66/bbl Gold $1345/oz. Bitcoin $8130 Europe and Asia: EUR GE WPI 0.0% vs. 0.4% North America USD Retail...

USD/JPY Hits 1 Month High but Can the Rally Last?

Many of the major currencies traded higher today including USD/JPY, which climbed to a 1 month high. Geopolitical tensions rocked the FX market at the start of the week...

Where to Sell USD/CAD?

After selling off aggressively in the front of the week, USD/CAD rebounded as it became clear that no deal will be made at the NAFTA summit in Peru. According...

Why Is The Pound So Strong?

Cable rally continues USDJPY takes out 107.50 Nikkei 0.55% Dax 0.47% Oil $67/bbl Gold $1341/oz. Bitcoin $8107 Europe and Asia: EUR GE CPI 0.4% vs. 0.4% North America USD U of M 9:45 The pound continued its winning ways...

Stocks Rebound but FX Traders Wait Warily for News on Syria

With U.S. stocks rising sharply today, all of the major currencies traded higher with the exception of the euro, which fell for the first time in 5 trading days....

Early Signs of Dollar Strength?

Market Drivers April 12, 2018 EZ Industrial Production misses Dollar Finds a bid Nikkei -0.12% Dax -0.14% Oil $66/bbl Gold $1348/oz. Bitcoin $6837 Europe and Asia: EUR EZ Industrail Production -0.8% vs. 0.0% North America USD Weekly Jobless 8:30 CAD...

Kathy Lien – Dollar – Political Trouble Overshadows Hawkish Fed Minutes

The sell-off in U.S. equities today prevented the dollar from rallying on the back of hawkish Fed minutes. This wasn't a big surprise because politics is the main focus and...

GBP/CAD – Headed to 1.76?

Although sterling traded higher against the greenback today, we believe that it is vulnerable to further weakness as U.K. data worsens. Industrial production rose only 0.1% in the month...
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