1-888-998-3948


  • (News by tags)
    UK lawmakers pass Withdrawal Agreement Bill, but shoot down government's rushed Brexit time-table

    • Reject of time-table (program motion) allows for amendments to bill that could risk government pulling it all together. • The ability for the UK to leave Europe on Oct 31 with a deal now highly unlikely. EU’s Tusk recommends Brexit extension to the EU2...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trudeau holds on for 2nd term. Canadian Retail Sales disappoint. BOS up next.

    • Liberals win minority government, as expected. LIB 157, CON 121, BQ 32, NDP 34, GRN 3. • Canadian Retail Sales (Aug) miss expectations: -0.1% MoM vs +0.4% and -0.2% MoM vs +0.1% ex Autos. • Bank of Canada’s widely followed Q3 Business Outlook Survey o...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit vote delayed, Boris Johnson forced to ask EU for Article 50 extension

    • UK Parliament instead passes Letwin amendment, which forces new detailed Brexit withdrawal legislation to be tabled first. • Boris Johnson sends letter to EU asking for Brexit extension. EU sources reportedly likely to grant. • GBP bid on “no-deal” Br...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets await historic Brexit "Super Saturday"

    UK House of Commons votes on Boris Johnson’s new, EU-approved, Brexit deal tomorrow. Markets settle into nervous lull. GBPUSD overnight options straddle trading over 200 pts. EURUSD and AUDUSD pressing fund short positions. Hawkish comments from the RB...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK/EU reach new Brexit deal but UK opposition parities not on-board

    • GBP surges but then reverses lower. 1-week option vols explode higher. 1-month risk reversals plummet. • Risk now rising that Saturday’s UK Brexit vote in the House of Commons will fail. • EURUSD continues yesterday’s rally off Fed Evans. EURGBP buyin...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Main stumbling block to a Brexit deal has been removed, according to RTE.

    RTE News quoting two EU sources, claiming DUP acceptance of latest proposal. GBP pops. US reports weaker than expected Retail Sales for September. Some EUR and AUD buyers return. Canada reports weaker than expected CPI data for September. USDCAD inche...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China "Phase 1" deal optimism fizzles a bit

    • US to drop this week’s planned tariffs in exchange for China committing to 50bln/annum in ag purchases. • Nothing written down though. China now wants more talks before signing + removal of all tariffs to date. • S&P futures, US yields, crude oil off ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Surge in Brexit & China deal optimism leads to broad "risk-on" flows. Canada reports blowout jobs number.

    • GBP continues its “pathway to a possible deal” surge following “constructive” Barnier/Barclay meeting today. • Expectations high for some sort of mini deal or truce on the US/China trade front. Trump/Lui He meeting at 2:45pmET. • Canada reports +53.7k...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Whose head is spinning?

    • Conflicting US/China trade headlines make overnight trading chaotic. Risk-on now in full effect though after NY open. • US 10s back above 1.60%. German bunds back above -0.50%. Positive US/China trade headline on the way? • USDJPY surging back above...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell announces the need to add more bank reserves, but it won't be QE.

    • Powell: “Time is now upon us” for Fed to expand balance sheet. • Powell: “Growth of balance sheet for reserve purposes should not be confused with QE”. • Global markets in better mood following some positive US/China trade headlines. • USDJPY and CNH ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Negative Brexit & US/China trade headlines hit risk appetite

    • US blacklists 28 Chinese tech companies. China says “stay tuned” for retaliation strikes. • Chinese delegation might cut Washington trip short this week. Vice Premier not “special envoy” (SCMP). • GBP tanks after Boris Johnson tells Angela Merkel Bre...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China increasingly reluctant to agree to a broad trade deal with the US

    • Markets go mildly “risk-off” at the Sunday open, but recover. US/China talks to resume on Thursday. • November crude oil rallies 1% back above $53, pressures USDCAD into NY open. • EURUSD shakes off weak German Industrial Orders data, trade back above...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders bracing for weak US September NFP numbers

    • Market expecting +145k jobs created, but chatter suggests it could be even less. • “Fed rate cut trade” poised to end the week on a high note after weak US data. • EURUSD and AUDUSD knocking at chart resistance, while USDJPY searching for support. • U...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dismal US ISM report invigorates Fed rate cut trade

    Bonds, Dec Eurodollars futures, gold and JPY all continue to trade higher. US ADP Employment Report for Sep misses expectations: +135k vs +140k. August ADP job gains revised lower by 38k. EURUSD resumes higher after blip lower from IFO’s German GDP down...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Reserve Bank of Australia cuts interest rates for the third time this year

    • RBA cuts rates by 25bp to 0.75%, leaves door open for more cuts. AUDUSD falling hard. • USDCAD benefits from AUD sales. Weak Canadian GDP growth for July helping. • EURUSD trying to bounce after slightly better than expected final Manufacturing PMI o...

    ...lowest since 2016).  But why?  We’ve heard reports that Japan’s Government Pension Investment Fund (GPIF) said it will consider currency-hedged overseas bond holdings, as it’s already close to the 19% limit in its current mandate.  We’re also hearing this ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD trades to new 2 year low

    • Weak technicals, mediocre German data, option expiries weighing on EUR. • Sterling holds 1.2290s support after mild beat on Q2 annualized GDP. • AUDUSD very quiet ahead of RBA interest rate decision tonight at 12:30amET. • USDCAD buyers return after o...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Nancy Pelosi announces impeachment "inquiry" against Trump

    • Trump calls Democrat’s bluff. Will release telephone transcript later today. • Markets not falling for Pelosi’s PR stunt. USD now higher after initially trading lower. S&Ps flat. • Pound craters as nobody proposes clear path forward on Brexit post...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK Supreme Court rules suspension of UK parliament was unlawful

    • Boris Johnson suffers another defeat, but the market likes it. GBPUSD rallies 50pts. • Sterling rally and topside option expiries help EURUSD shake off mixed German IFO report. • RBA’s Low says the Australian economy had reached a “gentle turning poin...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Germany's manufacturing PMI prints a new 10yr low this morning

    • EURUSD falls 50pts. Bund yield drop 6bp. German recession fears get dialed up a notch. • Risk-off flows knock S&Ps, USDJPY and oil prices lower. • USDCAD still struggling at 1.3300 chart resistance level. AUDUSD holding Friday’s lows. • GBPUSD drag...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian Retail Sales on deck

    • Market consensus is +0.6% MoM, +0.3% ex. Autos. • Traders also watching results of NY Fed’s latest repo operation. $75blnUSD to be offered overnight again today. • Sterling reversing yesterday’s upside breakout as traders await Juncker’s full intervie...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell disappoints markets again by brushing off repo mess

    • Fed rate cut recovers though after initially taking a hit. Bond yields and USD lower, gold higher. • NY Fed completes another 75blnUSD injection of liquidity into repo markets. Now 203bln in 3 days! • USDCAD backs off 1.3300 level, with Pompeo saber ...

    ...Y GBPUSD HOURLY EURGBP DAILY     AUDUSD The Australian dollar is the only G7 currency that couldn’t recover from yesterday’s Fed meeting in the overnight session, and it appears last night&rsqu...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Repo goes berserko

    • US overnight treasury repo rates skyrocket to 7-10%, sparking bank liquidity fears. • No spillover effect into bond markets so far with US treasury and bund yields steady. • AUDUSD falls below 0.6855 channel support after dovish sounding RBA Minutes. ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil markets spike 15-20% higher after weekend attack on Saudi Arabia shuts down 50% of production

    • US Secretary of State Pompeo quick to blame Iran. China and Russia urging restraint. Iran slams accusations. • Saudi Arabia still exporting crude from stockpiles, but admits return to normal “may take months” (Reuters). • USDCAD, USDJPY and S&P futur...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EUR violently reverses higher post ECB press conference.

    • Bullish outside day forms on the EURUSD daily chart. German bund yield spikes higher. • Markets not so confident in ECB’s ability to fix what’s wrong with Europe. • GBPUSD breaks out to the upside following concessions from the UK DUP party on the Iri...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mario Draghi caves

    • ECB cuts deposit rate by 10bp. Resumes asset purchases of 20blnEUR/month, starting Nov 1st. • Calendar based forward guidance replaced with 2% inflation target. • EURUSD plunging and German bund yields falling, causing broad USD buying elsewhere. • M...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump says Fed "boneheads" should cut interest rates to zero "or less".

    • Jitters mount in the EURUSD options market ahead of big ECB meeting tomorrow. EUR retreats. • Boris Johnson’s proroguing of parliament ruled unlawful by Scottish court. GBP largely unphased. • AUDUSD pokes higher on Hu Xijin headline, but now reversi...

    ...our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet....The USA should always be paying the lowest rate. No Inflation! It is only the naïvet&...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet. UK parliament now prorogued until October 14.

    • UK July employment report shows better than expected wage growth. GBP traders buy the dip. • Global bond yields tick up again in Europe but struggling into NY trade. USDJPY off highs. • Canadian Housing Start and Building Permit data beat market expe...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    UK July GDP surprises to the upside.

    • UK recession fears recede. Recent GBPUSD uptrend resumes. • Fed’s Powell from Zurich on Friday: NOT FORECASTING OR EXPECTING A U.S. RECESSION. • Fed rate-cut trade on the defensive to start Fed blackout period ahead of Sep 18. • Global yields and equ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Schembri reiterates BOC's less dovish tone. China stimulates again. US & Canadian job reports on deck.

    • Canadian OIS market now pricing in just a 32% chance of a 25bp Bank of Canada rate cut in October. • USD rallies broadly after the better than expected US Non-Manufacturing ISM for August. • US and Canadian employment reports due at 8:30amET this morni...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada keeps rates on hold, but signals nothing with regard to rate cuts

    • Disappointed markets pare Canadian rate cut bets for October. USDCAD plunges. • All eyes now on BOC Deputy BOC Governor Lawrence Schembri speech at 12pmET. • US ADP employment report for August beats expectations: +195k vs +149k • US Non-Manufacturin...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Key technical reversals, weak US ISM, reduced "no-deal" Brexit risk propels USD lower

    • Bank of Canada rate decision up next at 10amET. • Traders expect no change to rates + more dovish tones to sow the seeds for a rate cut later this fall. • Barrage of Fedspeak on tap today as well: six Fed members speaking + Fed’s Beige Book report at 2...

    ... GBPUSD HOURLY EURGBP DAILY     AUDUSD The Australian dollar was the first G7 currency pair to start reversing higher yesterday off the back of the RBA’s unexciting hold to interest rates.  The b...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets not in a good mood to start September

    • New US/China tariffs now in effect. S&Ps -23. Crude oil -3%. Gold +16. • EURUSD sales continue, following Friday’s key breakdown below 1.10. • GBPUSD falls below 1.20 level, but emergency “no-deal” Brexit vote sees a relief bounce. • RBA leaves rat...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP for June beats expectations

    • Canadian June GDP +0.2% MoM vs +0.1% exp. Q2 2019 reported +3.7% vs +3.0% exp. • USDCAD dips on the release, but still remains within recent range. • Bank of Canada rate decision on deck next Wednesday. How will they talk about the recent external ne...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Calm remarks from China's MOFCOM sparks risk-on bid

    • MOFCOM: Opposes escalation of trade war, willing to resolve, hopes US can meet China half-way. • S&Ps and crude oil trade higher, while global bonds move moderately lower. • EURUSD bogged down by weak German CPI and dovish comments from Christine Lagar...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson asks the Queen to formally UK prorogue parliament

    • GBPUSD falls 0.7% as UK opposition leaders go into an uproar. Queen’s speech set for Oct 14. • Italy looks set to avoid elections and form a new coalition government. EURUSD traders don’t care. • USDCAD saved yesterday by deepening yield curve invers...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    GBP resumes rally following joint statement from UK opposition to stop a "no-deal" Brexit.

    • Euro continues on the defensive, with German economic woes and Italian political anxiety weighing. • Commodity currencies outperformed yesterday following Trump-driven ramp to risk assets. • AUDUSD traders looking at potential follow-through of bullish...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dazed and confused.

    • Traders try to make sense of this weekend’s surreal US/China trade headlines. • Markets go risk-off at Sunday open following late Friday Trump tariff increase on China. • Comments from China’s Liu He appear to restore calm in Europe. Trump says “two v...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China announces retaliatory tariffs on the US. Over to you now Jerome Powell.

    • China to levy retaliatory tariffs of another $75bln on US goods, starting September 1st. • Global Times editor-in-chief Hu Xijin tweets earlier “The US side will feel the pain”. • Canadian Retail Sales beat: 0.0% MoM vs -0.3% on the headline, +0.9% vs ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FOMC Minutes stoke confusion, but "Fed rate cut trade" unwinds a bit further.

    • Bond, Eurodollar and gold futures all lower post FOMC Minutes. USDJPY back at yesterday’s session highs. • Germany reports better headline Manufacturing PMI for August, but report shows weak internals. • EURUSD whipsaws above and below 1.1090s follo...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive Brexit comments from Angela Merkel leads to broad USD sales yesterday. FOMC Minutes on deck.

    • Merkel on the Irish backstop: “we will think about practical solutions”…“we have made our offer to work closely”. • Broad USD sales reverse a bit in Europe following negative comments from other German officials. • October oil prices break above 56.50....

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broader USD trading quietly, building upon yesterday's gains.

    • EURUSD gives up trying to hold 1.1100 level. German bund yields back down to -0.70%. • GBPUSD back in sell mode after the EU’s Tusk rejects Boris Johnson’s demand to remove backstop. • RBA Minutes don’t offer new monetary policy clues. AUDUSD still p...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk bid in quiet start to the week. Powell speaks at Jackson Hole on Friday.

    • Markets continuing Friday’s “risk-on” move from Speigel report: German ready for deficit spending if recession hits. • Fed rate cut trade also dialing back bets ahead of speech from Jerome Powell at Jackson Hole. • Bundesbank sees risk of Germany enter...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Global risk tone relaxing a bit as US 10s2s spread trades wider, back above zero.

    • S&P futures +26. Bonds, Eurodollars, and gold trading off yesterday’s highs. • Still no love for EURUSD as the ECB’s Rhen hints at monetary policy bazooka in September. Bunds trade to new lows -0.72%. • AUDUSD struggling to build upon Australian job ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China hopes US will meet it half way. US Retail Sales, Philly Fed and Empire Survey all beat expectations.

    • China threatens tariff retaliation but then says it hopes US will meet it half way on trade. • Risk assets gyrate in overnight trade, but positive US economic data gives sense of optimism for NY trade. • Sterling outperforming after UK Retail Sales for...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Recession fears grow as the 10s2s yield curves go inverted in the UK and the US

    • Global “risk-off” in full effect this morning. Stocks/oil down while bonds/gold/Eurodollars/USD up. • Bad July Chinese Industrial Production/Retail Sales data, German Q2 GDP contraction add to doom and gloom sentiment. • Sterling finds bid after bette...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German ZEW misses. US CPI beats. USDCNH steady.

    • German July ZEW misses: Current Situation -14.5 vs -7.0 exp. Expectations Index -44.1 vs -28.5 exp. • US July CPI beats on the headline: +1.8% YoY vs. +1.7% exp, but wage growth disappoints MoM. • EURUSD traders shake off weak German data, so far shak...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The Fed disappoints the uber doves but US/China trade war escalation sees global interest rates resume downtrend

    • Fed cuts interest rates by 25bp, cites cut as insurance, mid-cycle adjustment and not the start of a rate cutting cycle. • Interest rate markets collectively say “ya-right” the next day and resume downward trend. • Trump threatens new 10% tariff on $30...

    ...es seemed to be the theme for the rest of the week last week (perhaps in response to the US Treasury formally labelling China a currency manipulator), and so global markets have calmed down a bit (equities, commodity currencies and bond yields off their lo...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mario Draghi disappoints the doves, leads to Fed rate cut jitters ahead of next week's FOMC meeting.

    • ECB keeps deposit rate unchanged at -0.40%. Admits rate cuts not even discussed. • ECB exploring options to reinforce its forward guidance on policy rates. • Fed rate cut trade takes a hit as markets fear Powell might disappoint next week as well. • ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    German Manufacturing "in freefall" according to IFO. Over to you Mario Draghi.

    • July German IFO survey: 92.2 vs 94.0 exp for Expectations, 95.7 vs 97.2 exp for Business Climate. • All eyes now on ECB press release up next at 7:45amET. Mario Draghi press conference at 8:30amET. • OIS pricing still pricing in 40% chance of 10bp cut...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Germany's flash PMI for July surprises to the downside again

    • German flash PMI (July) misses: 51.4 vs 52.3 exp. 52.6 prev. • Eurozone flash PMI (July) misses: 51.5 vs 52.1 exp. 52.2 prev. • German bund yield back down to -0.38%. EURUSD pressuring 1.1130-40s chart support. • AUDUSD losses 0.7000 support in Asia...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson becomes new UK Prime Minister

    • GBPUSD gyrates a little bit after the announcement, but not much has changed re: Brexit. • “Fed-rate cut trade” unwinds a little further. EURUSD and AUDUSD slump after poor technical closes in NY yesterday. • USDCAD continues higher, with broad USD de...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed enters blackout period ahead of next week's meeting

    • No Fed members can speak until FOMC meeting on July 31st. • Fed rate cut trade still licking its wounds after Friday’s reversal of Thursday’s breakout. • Oil markets taking Iran’s seizure of UK-flagged Stena Impero in stride. • Canadian Wholesale Sale...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed's Williams goes uber dovish yesterday. NY Fed and Bullard try to dial it back.

    • Embarrassing Williams fiasco sees “Fed rate cut trade” explode higher, then retrace. • EURUSD and Italian markets fretting about possible snap election in Italy. • Canadian Retail Sales for May miss expectations: -0.1% MoM vs +0.3%. • Fed’d Bullard to...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EU's Barnier "ready to work on alternative arrangements” regarding the Irish border

    • GBP rallies across the board. Lawmakers now voting on plan to make it difficult for future PM to prorogue parliament. • EUR sells off following Bloomberg report about ECB studying revamp of inflation mandate. • Crude catches a bid following reports of...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive talk on Iran clubs oil prices yesterday, lifts CAD crosses

    • USDCAD back near 1.3070s pivot. EURCAD back above 1.4640s. • Canada reports mildly weaker CPI report for June. May Manufacturing Sales miss expectations. • US reports weaker than expected June Housing Start and Building Permit data. • GBP looks the ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Boris Johnson & Jeremy Hunt declare Irish backstop dead

    • GBPUSD plunges to Jan 3rd flash crash lows. EURGBP finally breaks above 0.9000. • German ZEW for July MISSES: -24.5 vs -22.3 for Economic Sentiment and -1.1 vs +5.0 for Current Situation. • EURUSD falling with GBPUSD and EURJPY cross sales. • US Reta...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Upbeat Chinese industrial production data for June lifts CNH and commodity currencies

    • China June Industrial Production +6.3% YoY vs +5.2% exp. Chinese yuan and copper prices rally. • USDCAD pressuring 1.3020s while AUDUSD inches higher towards 0.7040s. • EURUSD and GBPUSD struggling with overhead chart resistance. GBP lags as EURGBP m...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rally in bund yields, hotter US inflation data and not-so-dovish Fed-speak stifles Fed rate-cut trade

    • German bund yield extends to new 2 week highs of -0.23%. • Fed’s Barkin, Bostic and Quarles speak more positively about US domestic outlook. • Broader USD mixed, with commodity currencies extending post Powell gains, while EUR and GBP lag. • State of ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Everyone's blaming it on trade tensions. Could it be something more?

    • Powell cites increased risks of trade tensions, slowing global growth, low inflation in testimony to Congress. • Rate cut of 25bp at July 31 FOMC meeting now a foregone conclusion. Odds of 50bp cut increase back up to 30%. • Bonds recover, August gold...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Powell at 10amET. Text of testimony to be released at 8:30amET.

    • Bank of Canada interest rate decision and Monetary Policy Report at 10amET as well. Press conference at 10:15amET. • USDCAD overnight options pricing predicting 70-80pt intra-day range. • August crude 2% higher after weekly API reports shows larger th...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed rate-cut trade get nervous ahead of Powell testimony

    • US treasuries, Eurodollar futures, and gold dip lower again. USD broadly higher. • Sterling takes out chart support at 1.2500, trades to new 6 month lows. Funds continue to short the market. • EURUSD getting dragged lower as ECB bond buying talk make...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    FX markets quiet. Deluge of Fed-speak on tap this week.

    • Fed’s Powell to deliver semi-annual MPR before Congress on Wednesday and Thursday. • FOMC Minutes and speeches from the Fed’s Bostic, Quarles, Barkin and Kashkari also expected. • Fed rate-cut trade gets hit on Friday following upbeat June payrolls rep...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The rush for global government bonds goes into overdrive

    • Over $13.4 trillion in global debt now yielding below zero. German bund yield matches ECB deposit rate, -0.40%. • LIBOR curve up to 1yr remains inverted. Entire US treasury curve up to 30yrs now yields less than Fed funds. • US reports weaker than ex...

    ...t weeks ago.  President Trump has not helped the situation in this week by tweeting that the US should play the “big currency manipulation game” that Europe and China are playing, and by seemingly giving the markets a false sense of hope f...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Poor global manufacturing PMIs for June + renewed EU tariff threat snuff out mild G20 optimism

    • June Manufacturing PMIs disappoint across Asia and Europe, putting renewed pressure on bond yields. • US threatens EU with $4bln worth of new tariffs amid ongoing spat over aircraft subsidies. • OPEC and Russia agree to extend production cuts as expect...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders eyeing Canadian GDP, Business Outlook survey, G20 and OPEC ahead of long weekend

    • Canadian April GDP expected +0.1% MoM. Bank of Canada’s Business Outlook Survey out at 10amET. • Traders on G20 & OPEC watch as well. • USDCAD threatening break of 1.3080s chart support. AUDUSD trading as if G20 will not yield any negative surprises....

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    WSJ article sours risk mood ahead of G20

    • China’s President Xi is reportedly set to present President Trump with a set of terms. • Markets anticipate Trump to respond negatively. • USDCAD continues to struggle as oil prices make another run for $60 ahead of the OPEC meeting next week. • EURU...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mnuchin says US/China trade deal is 90% complete...again

    • Rehash of April FT headline sees equities, bond yields, CNH and commodities currencies all higher. RNBZ keeps rates unchanged. • Gold falling 0.8% with yesterday’s bearish hammer close not helping. • US Durable Goods Orders for May come in mixed. Week...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fedspeak Tuesday features speech from Jerome Powell at 1pmET

    • Fed’s Powell to speak at CFR in speech titled Monetary Policy Strategy, Tools and Communication Practices • Investors continue to pile into the safe havens as Iran diplomacy takes a turn for the worse. • German bund yields trade to new lows, US 10s pre...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump says Fed "doesn't know what it is doing"

    • Questions still on everyone’s mind following last week’s sudden capitulation from the Fed. • EURUSD extends gains following Friday’s break above 1.1340s. Funds continue to cover shorts. • GBP and AUD traders add to shorts as charts start to bottom. •...

    ...a bad as expected and the fact that the EU is delaying disciplinary proceedings against Italy are mild positives for the common currency, we think the latest break higher in EURUSD is the result of residual USD selling from last week’s surprise &ldqu...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    The Fed just capitulated

    ...th last week’s US data driven pop. Fed ignoring that. • Lack of detail surrounding Fed’s caution sounding “race to the bottom/currency war” alarm bells across markets.

    ...op.  Fed ignoring that. • Lack of detail surrounding Fed’s caution sounding “race to the bottom/currency war” alarm bells across markets.       ANALYSIS USDCAD Dol...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed under pressure today to cave to market's demand for rate cuts later this year

    • Interest rate traders pricing in 25bp cut for July and another 60bp of easing by year’s end. USD traders not so optimistic. • Canadian CPI for May surprises to the upside, +2.4% YoY vs +2.1% exp. • Trump continues to put political pressure on Powell t...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Super Mario unleashes dovish surprise ahead of Fed meeting tomorrow

    • European bond yields plunge, market pricing for ECB cuts moved up 7 months. • EURUSD falls to 1.1180s support but comments from Trump & Praet help the market bounce. • AUDUSD bounces off 0.6830s support. Dovish RBA Minutes were nothing new for traders...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Retail Sales comes in mixed for May, but with surprise positive revisions to April data.

    • Fed rate cut frenzy trade gets dialed back. Gold, bonds, Eurodollar off highs. USD broadly higher. • Pressure mounts for ECB to cut rates too as 5y5y inflation swap forwards trade to new lows 1.14%. • German bunds trade to new lows (-0.27%). EURUSD ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Oil prices surge 4% after two tankers attacked in the Gulf of Oman

    • USDCAD recedes off chart resistance in the 1.3330s, but no risk-off flows evident. Gold and JPY steady. • EURUSD testing chart support in 1.1270-80s after losing 1.1310s yesterday. • Boris Johnson shows commanding lead in Tory leadership race. Wins ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed rate cut trade now looking for soft US May CPI figures to support

    • Traders expecting +1.9% YoY & +2.1% ex food and energy. • Crude oil continues lower after bearish APIs. Weekly EIA report out at 10:30amET. • European 5y5y inflation swap trades to new record lows, doesn’t help ECB. • Boris Johnson not aiming for no-...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Quiet FX markets await fresh catalysts. US May PPI on deck.

    • Traders expecting US PPI +2.0% YoY for May and +2.3% ex. Food and energy. • UK wage growth for May beats expectations, helps GBP mildly outperform. • PBOC fixes CNY higher last night. USDCNH recedes off 6.94 handle. • Option expiries in play for EURU...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Mexico tariffs averted as US & Mexican negotiators reach deal

    • MXN surging 2%. Global risk-off trade reverses. Gold drops and bond yields bounce. • USDCAD still in the pits following double whammy of negative US/positive Canadian jobs data on Friday. • GBPUSD gives up post NFP gains following much weaker than ex...

    ... morning, but last night’s weak Chinese import data for the month of May (-2.5% vs +15.9%) seems to hitting the China-sensitive currency especially hard.  The AUDUSD chart has now completely reversed Friday’s bullish break above the 0.6990s, and we’re star...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's jobs Friday!

    • Traders expecting +185k new jobs in the US and just 5-8k new jobs in Canada for May. • PBOC’s Yi Gang says China has “tremendous” room to adjust monetary policy if the trade war deepens. • USDCNH pops when Yi says “no number is more important than any ...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB extends "on-hold" rate guidance until 1H 2020, killing rate cut speculation heading into meeting.

    • Mario Draghi’s press conference now underway. Live link here: https://t.co/N52MkNqX25 • EUR buying leading broad USD selling into NY trade. GBP, AUD, CAD all trade higher. • USDJPY continues to struggle as US 10s, gold, Dec Euros continue to focus on...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    RBA cuts rates 25bp. Markets calm down ahead of speech from Powell.

    • Australia central bank cuts rates by 25bp to 1.25% and continues to hint at another cut by years end. • AUDUSD barely unchanged as Governor Lowe has telegraphed this outlook for over a month. • S&P futures, US yields and the broader USD bounce ahead of...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Gold prices and Eurodollar interest rate futures race higher to start week

    • Traders starting to seriously price in Fed rate cuts for later this year. Broader USD suffering as a result. • USDCAD records bearish reversal on Friday’s chart. Bounce in oil prices not helping today. • EURUSD technicals turn increasingly positive w...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump to slap Mexico with 5% tariff. China readies plan to restrict rare earths.

    • Canadian GDP for March/Q1 comes in mixed. • USDCAD struggling to benefit considerably from global risk aversion flows. 1.3510s pivotal for the current rally. • EURUSD follows gold prices higher, ignores weak German data. • GBPUSD selling resumes foll...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada rate decision in focus for USDCAD traders, with risk aversion flows supporting

    • Bank of Canada decision at 10amET. No press conference. No change expected with balanced outlook. • S&P futures -20. US 10s down 4bp to 2.22%. Global investors fleeing to bonds. • USD seeing broad demand, but the move is fading into NY trade. • Ge...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed in quiet start to holiday shortened week

    • US traders returning from Memorial Day long weekend devoid of major US/China trade headlines. • USDCAD bouncing but trend-line resistance in the 1.3470s capping. • EURUSD holding support in the 1.1170s after Thursday’s gold-inspired bullish outside day...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Rising US oil inventories save USDCAD. Markets in risk-off mode again today

    • China warns the US to correct wrong doings. PBOC reiterates it has the tools to keep the yuan stable. • Germany’s Markit PMI and IFO survey for May miss expectations. Eurozone Markit PMI also disappoints. • Theresa May facing cabinet mutiny as Andrea...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian core Retail Sales for March smash expectations (+1.7% MoM vs +0.9%)

    • USDCAD retreats further. Fibonacci chart support in the 1.3370s now pivotal for near term direction. • Theresa May’s Brexit gambit backfires. 1922 Committee meets at 11amET. • Talk swirling that Theresa May could be out of a job by Sunday. • Sizable...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Hawkish comments from Poloz and lifting of US/Canada metal tariffs sees USDCAD u-turn lower

    • USDCAD now testing 1.3400 chart support. Canada reports March Retail Sales tomorrow. • RBA’s Lowe considering rate cut in two weeks. AUDUSD retreats to fill Sunday opening gap higher following elections. • AUD selling dragging EURUSD lower, but marke...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets on edge once again as the Chinese reportedly lose interest in negotiating

    • China sees little sincerity in the US approach to trade talks. • Oil prices trading bid as two new US war ships enter Persian Gulf. • Tory/Labour Brexit talks formally break down. Boris Johnson enters Tory leadership race. • Broad demand for USD see...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Housing Starts, US Philly Fed, Canadian Manufacturing Shipments all beat expectations

    • USDCAD trying to recover after planned Trump auto tariff delay sees broad USD selling yesterday. • EURUSD back on the defensive after two failed attempts to get above 1.1220s. Strong US data this morning not helping. • GBPUSD continues to be plagued b...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Risk off flows back in action. US Retail Sales and Canadian CPI figures for April up next.

    • Traders expecting +0.2% MoM and +0.7% MoM ex. Autos for US Retail Sales. • Consensus looking for +0.4% MoM and +2.0% YoY for Canadian CPI. • Australian May Consumer Confidence and Q1 Wage Price Index misses expectations. • Chinese April Retail Sales a...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump believes discussions with China will be very successful. Expects outcome in 3-4 weeks

    • S&Ps +20, USDJPY bounces, USDCNH off yesterday’s highs. • Italy’s Salvini giving EUR traders an excuse to sell. EURUSD decouples from gold prices for now. • Sterling toying with both sides of 1.2930s pivot, but sellers now taking over. • AUDUSD stari...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China trade war heats up. China retaliates with $60bln in new tariffs effective June 1

    • S&Ps -60. USDCNH explodes higher once again, now above 6.90. Gold prices spiking $10 higher, lifting EURUSD. • GBPUSD following the Euro higher, albeit mildly. Trade-sensitive AUDUSD lags as copper losses 1.7%. • USDJPY collapses amid risk-off flows...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian April employment report in focus. Tariffs raised on China overnight, but US/China talks set to continue.

    • Traders expecting 10k jobs gained, +2.3% YoY growth in wages, and 5.8% on the unemployment rate. • US CPI report for April expected +2.1% YoY and +0.4% MoM. • EURUSD following gold prices over the last 24hrs. • AUDUSD higher initially post RBA Monetar...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Markets on edge as Chinese trade delegation set to arrive in Washington today

    • S&Ps -20. USDJPY offered once again. USDCNH breaks out above the 6.82s. • USDCAD and EURCAD struggle to break 1.3500 and 1.5100 respectively. • EURUSD holding steady amid slew of option expiries at current levels. • China releases its April CPI in-l...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China backtracked on nearly all aspects of US trade deal, according to Reuters

    • Reuters article leads to more S&P selling, but USD demand not so widespread today. • EURUSD holding up as German Industrial Production for March beats expectations. • GBPUSD notably underperforming as Tory/Labour talks appear to have broken down. • AU...

    ...ector, Head of FX Strategy Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    European Commission chops Germany's 2019 growth forecast in half

    • EURUSD sales leading broad USD strength into NY trade. • S&P futures volatile, as Lighthizer/Mnuchin confirm Trump’s China tariff threat for Friday. • China to send Vice Premier Liu He to Washington after-all, but only on Thursday. • German Factory Or...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump shocks markets with tweet about raising tariffs on China this Friday

    • Shanghai Composite crashes 5.6%. Chinese Yuan collapses. USD, JPY and bonds go bid. • USDCNH blasts higher through 6.7450s. AUDUSD gaps lower. USDCAD gaps higher. • Hefty option expiries and upbeat Services PMI data keeps EURUSD as the directionles...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading bid ahead of the US non-farm payrolls report

    • Traders expecting +190k jobs gained for April. • US Non-Manufacturing ISM out at 10amET. Slew of Fedspeak on deck after that. • Fed’s Evans speaks at 10:15am. Clarida 11:30amET. Williams 1:45pmET. Bowman 3pmET. • UK Markit Services PMI misses expe...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Powell sees low inflation as transitory. USD goes bid post Fed meeting

    • April Manufacturing PMIs out of most of Europe surprise to the upside, but Germany’s number disappoints. • Bank of England keeps monetary policy unchanged. Raises GDP forecasts but trims inflation projections. • Sizable, post-Fed, option expiries in p...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Positive Poloz kills upside USDCAD momentum. US ADP employment report beats expectations.

    • US ISM (April) up next at 10amET. Weekly EIA oil inventory report at 10:30amET. • FOMC announcement at 2pmET, followed by press conference at 2:30pmET. BOC’s Poloz speaking again at 4:15pmET. • Treasury secretary Mnuchin concludes “productive” meetin...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian GDP contracts 0.1% MoM in February. Data helps to stem USDCAD selling

    • Canadian GDP for February misses estimates: -0.1% MoM vs 0% and +1.1% YoY vs +1.4%. • Canadian Raw Material Price Index misses: 2.8% vs 3.9% for March. • Italian and Eurozone preliminary Q1 GDP beat estimates, helps boost EURUSD. • GBPUSD rallying hig...

    ... the market may now dial back some of overnight move higher. AUDUSD: The Australian dollar was the only major currency that showed a sizable reaction to the weak Chinese PMI data out last night.  After testing chart resistance in the 0.70...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading quietly bid ahead of busy week

    • China PMIs for April out tonight. Fed meets on Wednesday. US Employment Report on Friday. • Leveraged funds add to USD longs against EUR, GBP, AUD and JPY (during week ending April 23). • S&P affirms Italy’s BBB credit rating. • Brexit headlines few...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US headline GDP figures for Q1 2019 beat expectations, but inflation readings disappoint

    • USD shoots higher initially, then reverses lower. FOMC meets next Wednesday. • Rumor of waiver for China on Iran oil imports hurting oil prices, but USDCAD fails to really benefit. • EURUSD, GBPUSD and AUDUSD attempting short covering rallies post US ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada delivers more dovish than expected hold to interest rates. Broad USD buying continues today

    • US Durable Goods for March beat expectations, +2.7% MoM vs +0.8%. • Stephen Poloz tries to kill rate cut speculation, USDCAD struggling a bit at post BOC highs. • EURUSD trades to new 2yr low, but buyers trying to step in now at 1.1120s chart support. ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Australian CPI disappoints. Bank of Canada rate announcement up next at 10amET.

    • Weak Australian Q1 CPI sees AUD plunge lower. RBA rate cut speculation increases. • Bank of Canada expected to hold rates steady at 10amET. Press conference at 11:15amET. • USDCAD breaks higher out of 6-week triangular consolidation. • Crude oil pri...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Talk of China potentially curtailing economic stimulus hurts Chinese stocks, yuan and commodity currencies

    • China stocks off 1.5%. USDCNH through 6.7190. AUDUSD loses 0.7120s. USDCAD back at range highs. • Sellers pounce on EURUSD and GBPUSD at overnight chart resistance. Both pairs now seeing heavy selling into NY trade. • UK parliament returns from Eas...

    ...sitive Australian dollar slumped further after losing the 0.7140s on the charts yesterday; and the Canadian dollar (a commodity currency) appears to be slumping in sympathy.  June crude oil prices are giving up overnight gains at this hour after a Blo...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US to end Iran sanction waivers for oil importers. Markets otherwise quiet on this Easter Monday.

    • June crude oil gallops 2% higher, sees USDCAD ease slightly off Thursday’s highs. Bank of Canada decision on Wednesday. • EURUSD drifts higher. German IFO tomorrow. US Durable Goods on Thursday. US Q1 GDP on Friday. • GBPUSD slips further as the fu...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Poor German and Eurozone Manufacturing PMIs sees broad demand for USD today.

    • EURUSD falls through chart support in the 1.1270-80s. • GBPUSD follows the Euro lower. Bounce from better UK Retail Sales data proves short lived. • Australia reports better than expected job growth for March, but EURUSD sales weigh on AUD. • US & Ca...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Upbeat Chinese data boosts copper and commodity currencies. Canadian CPI for March up next.

    • Chinese Industrial Production & Retail Sales data for March plus Q1 GDP all beat estimates overnight. • AUDUSD knocking on door of 0.7190-0.7200 resistance, where over 1.5blnAUD in options also expire today. • USDCAD under pressure with crude oil bid c...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY trade. US Industrial Production up next.

    • EURUSD choppy with both dovish and hawkish ECB headlines. German ZEW survey for April comes in mixed. • GBPUSD feeling the pressure as EURGBP longs reassert themselves. UK employment report meets expectations. • AUDUSD falls after dovish RBA Minutes,...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada's quarterly Business Outlook Survey in the cross hairs

    • USDCAD traders anxiously await report at 10:30amET, as market loses chart support in the 1.3330s. • EURUSD and AUDUSD mildly bid in quiet start to the week. • GBPUSD knocking on the door of 1.3115-25 chart resistance. UK parliament now on Easter break...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Massive M&A flows in EURJPY spurs broad risk-on wave across global markets

    • EURJPY surges around 4amET. Stocks, commodities and all major currencies shoot higher against the USD and JPY. • China reports better than expected export growth for the month of March (+14.2% YoY vs +7.3%). • China New Loans for March +1,690bln vs +1...

    ...gher above trend-line chart resistance in the 125.70s at 4amET, but so too did stocks, commodities and almost every other major currency against the USD and the JPY!  China reported upbeat export and loan growth data for the month of March about an ho...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit day extended to Oct 31. Swift move lower in gold prices driving broad USD strength into NY trade

    • EU grants UK six month extension to ratify Brexit withdrawal agreement. GBP directionless. • June gold prices tumbling back below 1310 into NY trade. • USDCAD probes above chart resistance zone in the 1.3360-70s. • International Energy Agency cites “...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Super Wednesday kicks off with bullish OPEC supply news, mixed US CPI and a dovish Mario Draghi

    • Weekly EIA oil inventory report up next at 10:30amET. FOMC Minutes at 2pmET. Emergency EU Summit underway re: Brexit. • Mario Draghi speaking to reporters following latest ECB decision to keep monetary policy unchanged. • EURUSD reversing lower. AUD...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump announces $11bln in new tariffs against the EU

    • EURUSD little fazed on the headlines. Market bid above 1.1270s, with massive option expiries adding weight. • GBPUSD pops on rumors of Germany being amenable to a 5yr time limit on Irish backstop, then fizzles when reports denied. • AUDUSD builds upon...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trades broadly lower to start week

    • EURUSD shorts at CME at new 32 month high ahead of the ECB policy meeting this Wednesday. • Brexit April 12th deadline looms. Theresa May to meet Germany’s Merkel ahead of emergency EU summit on Wednesday. • AUDUSD riding coattails of EURUSD and coppe...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    It's the 1st Friday of the month. That means payrolls!

    • Traders expecting +180k jobs gained in the US for the month of March, and just 1k gained in Canada. • Consensus expects +3.4% MoM wage growth in the US and +2.2% MoM for Canada. • USDCAD and USDJPY toying with upside breaks of chart resistance. • GBPU...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading quietly higher ahead of US & Canadian employment reports tomorrow

    • USDCAD inching higher, with 1.3350-60 resistance channel acting as today’s pivot. • EURUSD slips lower following abysmal German Factory Order data and rumors of an Italian GDP downgrade for 2019. • GBPUSD sees selling traders give up on attempts to bre...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Better than expected Australia and European data propels risk sentiment higher today

    • Australia reports stellar Retail Sales and Trade Balance data for February. • Pan-European Services PMI data beats expectations. • S&P futures trading higher while the USD trades broadly lower. • USDCAD hugging pivotal chart support at 1.3300. • US A...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Durable Goods for February on deck

    • Traders expecting -1.8% MoM. • USDCAD continues to struggle as stocks and crude oil extend gains. • AUDUSD falls after the RBA reiterates its neutral economic outlook. • GBPUSD trading lower again after the UK parliament fails to reach majority on fou...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Huge beat on Chinese manufacturing PMI boosts risk sentiment to start week

    • US Retail Sales and US ISM figures on deck today. • USDCAD holding chart support in the 1.3340-50s. BOC’s Poloz speaking at 3:10pmET. • EURUSD pivoting around the 1.1230s while AUDUSD wrestling with the 0.7120s. • GBPUSD rallying after a surge in the...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Happy Brexit day

    • Britain was supposed to formally leave the EU today. UK lawmakers to vote on withdrawal agreement portion of Brexit deal at 9:30amET. • GBPUSD rallies off overnight lows on rumors that the Labour party will support Theresa May today. DUP party still d...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Traders continue to buy USD broadly as fears mount about Brexit deadlock and Turkish money markets

    • GBPUSD down 100pts lower from NY close. Turkish lira down 5%. • US final read on Q4 GDP disappoints, +2.2% YoY vs +2.4% expected. • EURUSD extends losses after 1.1240s support gives way. • AUDUSD hanging in there with option expiry and copper prices ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    New Zealand central bank surprises markets with dovish turn in monetary policy outlook

    • NZDUSD plunges 1.6%. Drags AUDUSD lower and helps to keep USDCAD bid. • EURUSD bounces after comments from Mario Draghi. German 10yr bund yield hits 2 ½ year low prior to that. • GBPUSD inches higher ahead of Parliament indicative votes, but still co...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed into NY trade

    • US Housing Starts for February miss expectations (1.162M vs 1.21M or -8.7% MoM vs -1.6%). • USDCAD trying to hold 1.3390s despite May crude oil galloping 1.8% higher. • AUDUSD drifting higher, with RBNZ rate decision on deck tonight. • GBPUSD rallies ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Better than expected German IFO survey calms some investors nerves

    • German bund yields trade back above zero. EUR and S&P futures bounce. • USDCAD holding gains above 1.3420s support as May crude oil struggles to regain $59. • GBPUSD drifts higher as Theresa May’s cabinet revolts. • AUDUSD following EURUSD higher, re...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Terrible German manufacturing PMI spooks markets

    • Germany Markit PMI for March comes in at 44.7 vs 48.0 expected. • Risk-off waves sweeps across markets. German bunds now yielding below zero. • Sterling avoids the selling as EU allows two-week Brexit extension. • USDCAD benefitting from broad risk o...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Fed outlook gives markets another dovish surprise, but traders now fretting over the underlying reasons for it

    • USDCAD roars back from post Fed lows, now threatening to break above 1.3330s. • EURUSD slips after testing 1.1420-30s resistance. • GBPUSD falls further today as traders angst about what the EU will allow in terms of a Brexit extension. • AUDUSD exten...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on the Fed today, with traders expecting modestly dovish tone to outlook

    • EURUSD drifts back up to trend-line resistance in the 1.1360s as USDCNH recedes. • AUDUSD recovers after cautious comments from the RBA’s Bullock. • GBPUSD falling hard now as Theresa May confirms request made to EU for short Brexit extension. • USDJP...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD uptrend at risk of unraveling

    • USDCAD now plunging as 1.3305 trend-line support gives way. • May crude oil continues rally after breaking out above 58.80s yesterday. • EURUSD drifts higher again but struggles at familiar resistance in the 1.1360s. • Sterling shorts cover at 1.3190-...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Optimism for a dovish Fed lifts broad risk sentiment to start week

    • S&Ps, oil, copper all higher while USD trades mixed to lower. • FOMC meets on Wednesday. Economic calendar quiet before then. • USDCAD holds trend-line support at the 1.3300 level. • EURUSD and AUDUSD drift higher as some trend-line resistance gives ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    China talks up further stimulus & US/China trade progress, but risk-on bid from Yuan strength now evaporating

    • April crude oil gives up 58.30s. USDCAD regains 1.3330s after bouncing off 1.3280-90s support. • EURUSD continues to struggle with 1.1320s resistance. Huge option expiries likely weighing as well. • GBPUSD trading calmly for a change. UK parliament ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Weak Chinese Industrial Production figures for January ignite broad USD buying

    • USDCNH surges through 6.72. Copper falls 1.4%. • EURUSD and AUDUSD peel back yesterday’s gains, while USDCAD bounces off 1.3280-90s. • GBPUSD explodes higher following failure of the “no-Brexit deal” motion yesterday. • Volatile session underway for ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling bid after Theresa May loses 2nd meaningful Brexit vote yesterday. "No deal" Brexit vote on deck at 3pmET today.

    • Shorts cover after traders could not push GBPUSD below 1.3050s yesterday. The 1.3140-50s are now resisting. • EURUSD benefits from weak US CPI yesterday, but market still undecided with upside break of 1.1300 level. • AUDUSD lagging today following we...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling goes on a Brexit roller-coaster ride

    • Last minute Theresa May trip to Strasbourg ignites 200pt rally in GBPUSD yesterday. • UK Attorney General says legal risk for the UK remains unchanged re: Irish backstop. GBPUSD collapses. • EURUSD putting fund shorts to the test with 1.1270s trend-li...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US reports better than expected Retail Sales for January, but an already bad December number is revised lower

    • US January Retail Sales +0.2% MoM vs -0.1%; December revised -1.6% MoM vs -1.2% originally reported. • USDCAD bid, but within Friday’s post-employment report range (1.3405-1.3430). April crude oil bid on Saudi headlines. • EURUSD traders trying to hol...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD plunges following ECB's announcement of new TLTROs and no rate hikes for 2019

    • EURUSD falling through 1.1280s support. ECB press conference now underway. • Sterling on the defensive as well following reports that Theresa May will likely lose next week’s vote on her Brexit plan. • AUDUSD hanging in there despite stronger Trade Ba...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD continues higher ahead of Bank of Canada meeting

    • Decline in oil prices + weak AUDUSD helping USDCAD test resistance in the high 1.33s. • Dovish hold to interest rates expected from the Bank of Canada at 10amET. • AUD plunges as Australian Q4 GDP disappoints. Rate cut calls now making the rounds. • ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Sterling losses lead broad USD strength into NY trade

    • USDCAD higher, but now running into chart resistance at 1.3340s. Bank of Canada meets tomorrow. • EURUSD holding support in the 1.1310-20s as the pan-European Services PMIs beat expectations. • GBPUSD falls despite upbeat UK Services PMI as algos sell...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD downtrend broken after Canada reports weaker than expected Q4 GDP

    • USDCAD now trading above 1.3260-70s, but gains fading as crude oil prices recover from Friday’s ISM-driven slump. • Bank of Canada meets on Wednesday. ECB meets on Thursday. • EURUSD continues to follow gold prices lower since 10am on Friday. Buyers ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD remains offered ahead of Canadian Q4 GDP figures

    • Traders expecting +1.2% QoQ Canadian GDP growth in Q4, and 0% growth for December. US Feb ISM out at 10amET. • April crude oil prices continue to trend higher. • Volatile 24hrs for EURUSD leaves traders whipsawed ahead of the weekend. • Sterling leak...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Significant beat on US Q4 GDP propels USD higher into NY trade

    • US Q4 GDP reported +2.6% QoQ vs. +2.3% exp. • Canadian Industrial Product Prices -0.3% MoM in January vs +0.1% exp. • USDCAD vaults higher into 1.3200-1.3225 resistance zone. • EURUSD tries to break out, but strong US GDP figures pull the market back....

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Canadian CPI meets expectations for January

    • Oil prices rebound 2% following bullish API report and comments from Saudi energy minister. • Weekly EIA oil inventory report out at 10:30amET. • USDCAD under pressure again with support in the 1.3120-30s being threatened. • GBPUSD rally continues aft...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    All eyes on Fed chairman Powell this morning

    • Fed chairman to present semi-annual Monetary Policy Report before the US Senate Banking Committee at 9:45amET. • USDCAD trading higher again this morning as crude oil prices still cannot recover from Trump’s “Oil prices are too high” tweet. • EURUSD si...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Trump extends March 1st tariff deadline with China

    • Global stocks and the Chinese yuan rally, and the USD goes broadly offered. • USDCAD bid returning though following tweet from Trump: “Oil prices getting too high”. April crude -2%. • EURUSD up on “risk-on” tone, but chart resistance in the 1.1360s st...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USDCAD bid ahead of Canadian Retail Sales report. Slew of Federal Reserve member speeches to follow.

    • Traders expecting -0.3% MoM for December Canadian Retail Sales. • EURUSD looking for buyers. Germany’s IFO Survey disappoints. • GBPUSD loses 1.3020s support ahead of the weekend. • AUDUSD nurses losses after yesterday’s bearish reversal. • USDJPY c...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Australian dollar plunges off overnight highs

    • Australian January employment report beats expectations, but Westpac rate cut call + coal import ban from China shocks market. • Broad USD selling into NY trade sees USDCAD back into 1.3160-70 support, EURUSD and GBPUSD retesting chart resistance. • US...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Dovish tilt from Fed hawk Mester and USDCNH plunge drives USD lower

    • USDCAD scrambling for support in the 1.3180s. • EURUSD and AUDUSD consolidating bullish daily reversals from yesterday. • GBPUSD pulling back after yesterday’s “Brexit optimism” surge. • Three Tory MPs quit today. May/Juncker meeting at 12:30pmET. •...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD trading mixed ahead of quiet start to holiday shortened week

    • USDCAD holding 1.3230-40s as April crude struggles with $56 handle. • EURUSD on the defensive following technical selling and more weak European data. • GBPUSD continues to shake off Brexit negativity since Friday’s sharp rebound. Theresa May and Junc...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    EURUSD trades lower as the negative European headlines continue to mount

    • Spain calls for snap elections in April. Italy’s Borghi bringing back euro-skeptic vibes. • ECB’s Couere admits economic slowdown broader and stronger than expected. TLTROs still possible. • UK Retail Sales beat expectations for January, but Brexit f...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US Retail Sales and Canadian Manufacturing Shipments disappoint by a wide margin

    • USD sees broad selling across the board, but CAD underperforming even further. • Swift selling hits the S&Ps and crude oil. • GBPUSD struggles to benefit as fears loom ahead of some Brexit amendment votes today. • AUDUSD wrestles with 0.7110 pivot. •...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Slightly hotter than expected US CPI figures adds to "risk-on" tone for the broader markets

    • US January CPI +1.6% YoY vs +1.5% exp. Core CPI +2.2% YoY vs +2.1% exp. • Mnuchin says talks with Chinese negotiators are going “so far so good”. • USDJPY extends gains with break above 110.50s. S&Ps +10. • AUDUSD unravelling NZDUSD driven pop; mark...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Snap-back in oil prices prevents USDCAD from breaking higher

    • Saudi Arabia expects to reduce oil production further, starting in March. Crude oil +2.2%. • Somewhat bearish OPEC Monthly Oil Report being brushed off. • EURUSD shakes off negative comments from the ECB’s Weidmann; defends 1.1270s chart support. • G...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD starts the week with quiet bid

    • USDCAD stuck within Friday’s range post Canadian employment report, but downtrend still being threatened. • EURUSD now down for the 6th consecutive session after the 1.1340s give way again. • AUDUSD slips below support as USDCNH goes bid after the Chin...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Two-day USDCAD rally pauses ahead of Canadian jobs report

    • Traders expecting just 8k jobs gained in Canada for January. • Italian Industrial Output figures miss expectations. BTP/Bund spread widens further and pressures EUR. • Sterling buyers defending 1.2930-40s support after Carney’s post Brexit optimism ye...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of England holds rates steady. Optimism for a smooth Brexit lifts GBPUSD from kneejerk lows.

    • GBPUSD tests support in 1.2850 post BoE press release. Now working on bullish reversal. • EURUSD succumbs to further weakness following weak German Industrial Production + slash in European growth forecasts from EC. • AUDUSD on the defensive following...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Shock dovish turn in Australian monetary policy outlook punishes AUD

    • RBA’s Lowe abandons long held “next move is up” rate bias and shifts to neutral outlook. • USDCAD rallies in sympathy, but crude oil bounce off overnight lows now putting 1.3180-90s to the test. • EURUSD holds trend-line support despite poor German Fac...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Reserve Bank of Australia delivers less dovish than expected hold on interest rates

    • AUDUSD rallies, but chart resistance in the 0.7260-70s confines market to recent range. • March crude oil fails to regain $55 in overnight trade. Falling 1% now and helping USDCAD find buyers. • EURUSD wrestling with 1.1420s pivot after decent Europea...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Broad USD demand from post ISM beat spills over into quiet start to the week.

    • USDJPY bursting higher, supported by trend-line break and bullish EURJPY technicals. • AUDUSD slips further with weaker than expected Building Permit data not helping. RBA meets tonight at 10:30pmET. • GBPUSD falls back to Friday’s lows following weak...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US payrolls on deck. Traders expecting 165k jobs gained in January.

    • Sterling taking a leg lower after weaker than expected Manufacturing PMI. • EURUSD shrugs off weak pan-European manufacturing PMIs. Talk of large EURGBP buyer making the rounds. • AUDUSD nursing back losses from weaker than expected Chinese Caixin Man...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Patient Fed roils the USD. US/China trade talks going well, but deal not expected this week. US payrolls report on deck for tomorrow.

    • USDCAD collapses to mid-November lows. Mediocre Canadian data points from this morning supporting for now. • Post Fed EURUSD gains capped by chart resistance and poor European data. Italy went into recession in Q4 2018. • GBPUSD struggling with chart...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    US/China trade talk optimism leads the Chinese yuan and commodity currencies higher into NY trade. FOMC meeting at 2pmET.

    • No change in interest rates expected from the Fed. Traders will focus on pace of balance sheet unwind. • Sterling on the defensive following defeat of Cooper amendment/passage of Brady amendment. Theresa May must now go back to Brussels. • AUDUSD out...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Brexit in focus once again today. UK Parliament to vote on key amendments at 2pmET.

    • Cooper amendment seeks to delay Brexit. Brady amendment seeks to confirm UK’s need to renegotiate Irish backstop. • EURUSD struggling to break out, despite breach of chart resistance and new 6 month high in gold prices. • AUDUSD wonders ahead of Austr...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    USD stabilizes ahead of very busy week ahead

    • Brexit Plan B + Cooper amendment being voted on tomorrow in the UK. • FOMC expected to keep rates unchanged on Wednesday. Talk of the need to slow balance sheet normalization now making the rounds. • US/China resume trade talks in Washington on Wed/Th...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    ECB leaves rates and forward guidance unchanged as expected. Press conference now underway.

    • EURUSD slumped overnight amid weak Markit PMI data out of Europe. • Sterling backing up with EUR. Theresa May continues to fight Brexit delay attempts. • USDCAD retesting key chart resistance on broad USD strength + hangover from weak Retail Sales. ...

    ...gar - Director, FX Trading Erik works with corporations and institutions to help them better navigate the currency markets. His desk provides fast, transparent, and low cost trade execution; up to the minute fundamental and technical ...

    Tags: usd,gbp,eur,cad,currency news,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: May 14, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: May 7, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: April 30, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: April 24, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: April 10, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: April 4, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Swiss National Bank Announces New Currency to Enter Circulation

    The Swiss National Bank will release new CHF 200 banknotes on August 22.

    ...vertical-align:top; display:inline-block; width:95%; min-width:200px; text-align: justify;} } Ordering foreign currency online is easy with OnlineFX. ORDER FOREIGN CURRENCY     With the security of bank...

    Tags: currency news,switzerland national bank,snb,swiss franc,chf,polymer banknotes

  • (News by tags)
    Currency Market Trend Analysis: March 27, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: March 19, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: March 13, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: March 5, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 28, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 20, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 13, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 5, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 31, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 22, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 16, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 8, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 3, 2018

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: December 27, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: December 18, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: December 12, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Egypt Lifts Its Last Remaining Foreign Currency Restriction

    As their foreign currency resources have increased, Egypt’s central bank has found it best to eliminate its foreign currency controls.

    ...vertical-align:top; display:inline-block; width:95%; min-width:200px; text-align: justify;} } Ordering foreign currency online is easy with OnlineFX. ORDER FOREIGN CURRENCY     As of Tuesday, November 2...

    Tags: egyptian pound,central bank of egypt,currency,foreign currency news,currency controls,importers

  • (News by tags)
    Currency Market Trend Analysis: December 4, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: November 27, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: November 22, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: November 13, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: November 6, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: October 30, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: October 24, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: October 16, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: October 10, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 25, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 18, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 12, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: September 5, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: August 30, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Top 3 Emerging Trends with International Currency

    From plastic banknotes to digital payments, here’s a look at what’s trending in the global currency market.

    ...vertical-align:top; display:inline-block; width:95%; min-width:200px; text-align: justify;} } Ordering foreign currency online is easy with OnlineFX. ORDER FOREIGN CURRENCY     With the push for conveni...

    Tags: currency,cxi,foreign banknotes,foreign currency,currency news

  • (News by tags)
    Currency Market Trend Analysis: August 22, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: August 15, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: August 7, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: July 31, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: July 24, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: July 17, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: July 10, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: July 3, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: June 26, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: June 19, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: June 12, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: June 5, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...g you're missing. Learn More By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Bank of Canada Unveils New $10 Banknote

    Canada celebrates their 150th anniversary of confederation with a new banknote.

    ...vertical-align:top; display:inline-block; width:95%; min-width:200px; text-align: justify;} } Ordering foreign currency online is easy with OnlineFX. ORDER FOREIGN CURRENCY     Bank of Canada announced ...

    Tags: bank of canada,canada dollar,new banknote,currency news,foreign currency,foreign exchange

  • (News by tags)
    Currency Market Trend Analysis: March 27, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: March 20, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 20, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 13, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: February 06, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 30, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency market trend analysis,cmta,currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 23, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ... chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing ...

    Tags: currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 16, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Currency Market Trend Analysis: January 09, 2017

    Here are the market highlights for some major currencies for this upcoming week.

    ...); chart.draw(data, options); } By The Numbers: Your FX Week In Review     Foreign currency value versus USD is decreasing   Foreign currency value versus USD is increasing *Ind...

    Tags: currency news,cad,gbp,usd,eur,foreign currency market analysis,currency market rates

  • (News by tags)
    Weekend Wanderlust

    Top social media posts our fans love from September 1 - 8.

    ...ght:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for in...

    Tags: ...ination inspiration,london,united kingdom,great britain,things to do,museums,banknotes,history,australia,aud,australian dollars,currency news,currency exchange,foreign currency,reserve bank of australia,bank of england museum

  • (News by tags)
    Currency Market Trend Analysis: August 29, 2016

    Here are the market highlights for some major currencies over the last week.

    ...purposes and are not rate quote solicitations and don’t reflect the rates at which actual transactions can be made. All foreign currency transactions, either banknote or electronic, will be made at percentages off of the interbank market rate. These ra...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

  • (News by tags)
    Currency Market Trend Analysis: August 22, 2016

    Here are the market highlights for some major currencies over the last week.

    ...purposes and are not rate quote solicitations and don’t reflect the rates at which actual transactions can be made. All foreign currency transactions, either banknote or electronic, will be made at percentages off of the interbank market rate. These ra...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

  • (News by tags)
    Currency Market Trend Analysis: August 15, 2016

    Here are the market highlights for some major currencies over the last week.

    ...purposes and are not rate quote solicitations and don’t reflect the rates at which actual transactions can be made. All foreign currency transactions, either banknote or electronic, will be made at percentages off of the interbank market rate. These ra...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis,foreign currencies,currency exchange,market rates,rates,reference rates,aud,cny,cad,mxn,jpy

  • (News by tags)
    Currency Market Trend Analysis: August 8, 2016

    Here are the market highlights for some major currencies over the last week.

    ... About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for in...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis

  • (News by tags)
    Currency Market Trend Analysis: August 1, 2016

    Here are the market highlights for some major currencies.

    ...ght:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for in...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis

  • (News by tags)
    Currency Market Trend Analysis: July 25, 2016

    Here are the market highlights for some major currencies.

    ...ght:11px; } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for in...

    Tags: usd,gbp,eur,us dollar,british pound,euro,europe,currency news,currency markets,foreign currency,currency exchange,market analysis

  • (News by tags)
    Currency Market Trend Analysis: July 18, 2016

    Here are the market highlights for some major currencies.

    ... EUR - Euro A monetary policy meeting is set for Thursday, July 21 in Frankfurt which will influence the direction of the currency. As many wait to see what results come from this meeting, the euro has not had any major changes against the U.S. dolla...

    Tags: try,usd,gbp,eur,us dollar,turkish lira,british pound,euro,currency news,currency markets,foreign currency,currency exchange,market analysis

  • (News by tags)
    Currency Market Trend Analysis: July 11, 2016

    These are the market highlights for some foreign currencies.

    ...ction win on Sunday from Japanese Prime Minister Shinzo Abe has the USD trading at about 102.60 to the yen, showing a 2 percent currency gain since January 29, according to MarketWatch. The question that takes center stage is what will be ‘Abenomics&...

    Tags: jpy,usd,gbp,japanese yen,british pound,us dollar,currency news,currency markets,foreign currency,currency exchange,market analysis

  • (News by tags)
    European Central Bank Introduces New 50 Euro

    Europe's new €50 banknote was revealed on Tuesday.

    ...a step in the right direction towards an ultra-secure cash system. "The introduction of the new €50 will make our currency even safer, its state-of-the-art security features help protect our money," said Yves Mersch, an executive board m...

    Tags: european central bank,europe,banknotes,foreign currency,eur,currency news,europa series,security features

  • (News by tags)
    Currency Market Trend Analysis: June 23, 2016

    Here are the market highlights for some foreign currencies.

    ...nomic inactivity. The lira could drop due to some terrible geopolitical developments, which may cause a severe weakening of the currency and the economy's debt. Experts from  European Policy Centre warned about this issue on Tuesday at their discussion...

    Tags: eur,try,europe,turkey,euro,lira,currency news,currency markets,foreign currency,currency exchange,analysis

  • (News by tags)
    U.S. Treasury Unveils New $20 $10 and $5 Bill

    Modern Money: Not only is the $20 bill getting an upgrade, so is the $10 and $5 bill.

    ...bman is replacing Andrew Jackson, she is not because he will still be featured on the same $20 bill, on the reverse side of the currency - he’s not going anywhere folks.    Looking back on her life, Tubman once said, “I would fight for liberty ...

    Tags: us department of the treasury,usd,us dollar,currency news,banknotes,history

  • (News by tags)
    China's Currency Dives As Stock Market Crashes

    Asian markets begin 2016's first trading day with a gloomy start.

    ...ional (@CNBCi) January 4, 2016   The yuan closed at 6.53684 against the dollar, as of January 4. The foreign exchange currency chart demonstrates the sharp dive the yuan has taken over the last week. source: xe.com   CNBC reports...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    Chinese Yuan Approved By IMF As Exclusive World Currency

    The International Monetary Fund's decision marks an important milestone in China’s global financial integration.

    ... was determined the Chinese yuan met all existing criteria. Effective October 1, 2016 the yuan is set to be a freely usable currency. It will be included in the SDR basket as a fifth currency, along with the U.S. dollar, the euro, the Japanese yen and ...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    5 International Destinations Where Strong Dollars Mean Cheap Vacations

    A strong U.S. Dollar means some of the best exchange rates in years in many countries.

      Favorable currency exchange rates are making overseas travel far more affordable for Americans. Some people who've been unable to afford international travel may finally be able take that dream vacation. "It definitely has an...

    Tags: foreign currency,currency,rates,travel,currency news