Fundamental Analysis

As the dollar has gained strength in recent weeks, commodity currencies have been among the hardest hit. The recent flare-up in tensions between the US and Iran over the weekend has increased demand for safe-haven assets amid…
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As Q2 comes to an end, we can already see notable patterns emerging in market performance over the last three months. Of course, past performance does not indicate future performance, but we can gain insight into current trends to better…
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As USDJPY rises clearly above 160 and heads towards 162, a 40-year high, there are growing questions about why the Japanese government hasn't stepped in to shore up the yen. After all, it's only been around a month since the pair popped…
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Dollar pairs are on alert ahead of Thursday's barrage of key US macro data, which could move markets. The most important release will be the PCE price index, which remains the Fed's preferred inflation measure. After the Fed Chair…
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Cable dipped modestly on Monday after UK Prime Minister Kier Starmer announced he would resign and lead a caretaker government until his successor takes office. Markets had widely expected the move, so the reaction remained limited. If the…
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Tuesday's Flash PMIs for June are likely to be the most important data for currencies other than the dollar, but the Euro could be the most impacted. As markets try to digest how the latest developments in the Strait of Hormuz will affect…
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The Canadian dollar is reacting to the situation in the Middle East, but after recent BOC and Fed meetings, it will likely come back to focus on fundamentals. The main takeaway from the two central banks is a divergence in policy outlooks,…
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The US and Iran have signed a deal to extend the 60-day ceasefire and reopen the Strait of Hormuz ahead of schedule. The surprise was met with cautious optimism in the market, as many uncertainties remain. Brent dipped to $70 per barrel,…
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Wednesday's First Warsh FOMC meeting will be pivotal for markets, not because there is an expected change of policy. It's the first meeting to be presided over by a new Fed chair in eight years and could bring important shifts in how the…
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Both the US and Iran acknowledged agreeing in principle to a 60-day extension of the ceasefire, with the formal signing expected on Friday in Switzerland. However, markets seem to be acting as if it's the de facto end of the war. The main…
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