Fundamental Analysis

Crude prices have risen recently as the US and Iran have once again traded strikes. However, prices have come down slightly after US President Donald Trump signalled that the operation would be limited. Against this backdrop, attention now…
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The odds of a Fed rate hike later this month doubled to over 60% after Fed Chair Kevin Warsh came across as more hawkish than expected during his Jackson Hole speech on Friday. Those odds have held fairly steady as the market has…
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Analysts widely expect the BOC to keep rates unchanged at the end of its monetary policy decision on Wednesday. While the meeting itself can have important implications for CAD, many traders might be looking to the BOC for clues about what…
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The AUDUSD has come off its highs in recent days due to a strengthening of the greenback, but recent and upcoming data could suggest that the Australian dollar might stage a recovery. Markets have been reacting to the more hawkish Fed after…
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The NZDUSD has declined over the last several sessions as the greenback strengthened faster than the Kiwi dollar. This brought the pair off two-month highs, but over the longer term, it has been fairly range-bound. Part of the issue for…
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Over the last couple of weeks, the performance of the dollar has been extraordinary. To the downside, but the move is still well out of the ordinary, particularly given the context. The outlook for the Fed has barely budged, while the…
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The EURUSD has come down from multi-months highs over the last few days, raising the question for swing traders if it's time to buy the dip. What could be a catalyst for a rebound or push the pair lower is the last major data point out of…
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The main risk event for the markets this week is the gathering of major central bankers at the Fed's annual symposium in Jackson Hole, Wyoming. The headline event will be Fed Chair Kevin Warsh's presentation, which will be closely watched…
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Last week, the CAD strengthened after the release of Canadian CPI figures, as anticipated in our preview of the data. But last weekend added a political curveball. Talks on ending the tariff war between the US and Canada broke…
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The AUDUSD charged higher last week, becoming one of the top-performing major currencies and reaching a three-month high. Much of the move could be attributed to dollar weakness after the US Treasury increased its long-term bond…
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