1-888-998-3948


  • (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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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....

    ...exp and +2.0% vs +1.7% exp).  Traders are now taking USDCAD lower to test familiar trend-line support in the 1.3250-70s as this news technically gives reason for the Bank of Canada to be less dovish than expected when it meets next on September 4th.  The q...

    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...

    ... numbers came in negative again month-over-month (-1.2%), but they were not as bad as expected (-1.8%).  This somewhat positive news, along with another failed attempt by traders to hold gains above the 1.3330s in the last hour, is now inviting some USDCAD...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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 ...

    ...Crude oil traders seemed to be more focused on the dimmer 2019 demand outlook as that’s the real bit of “new” news here, and so the September futures have fallen back about $0.80 in the last hour.  This is giving USDCAD a bit of a li...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...ch made the technicals look a bit more positive.  The overnight session has been a doozy to say the least.  We got bad economic news out of China (July Industrial Production +4.8% vs +5.8% exp, July Retail Sales +7.6% vs +8.6% exp), more bad news out of Ge...

    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...

    ...urozone debt crisis of 2011.  Surprisingly though, EURUSD has rallied higher and we think the market’s inability to fall on bad news here is very telling.  Perhaps blame it on December gold prices, which continue to march higher this morning, but this mark...

    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...

    ...r the UK saw the market collapse further on Friday.  Today’s bounce feels technical and flow driven as there is not much Brexit news to digest.  Horizontal chart support in the 1.2030s (from January 2017) has been regained.  The EURGBP cross is struggling ...

    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. • ...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...Johnson defeated rival Jeremy Hunt by 92,153 to 46,656 in today’s final vote to decide the Tory leadership race, and while this news may sound positive for markets that are clamoring for some sort of certainty regarding the UK’s future, this result was lar...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...omberg broke a story that the ECB is considering shifting how it targets inflation.  More here.   This could potentially be big news for EURUSD should the whole “below, but close to 2% inflation” mandate (which arguably hasn’t worked) be formally lowered o...

    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 ...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...de overnight, it made the market vulnerable to downside surprises.  The first surprise came in the form of some negative Brexit news, which saw GBPUSD plunge lower, and then from the German ZEW Survey for July, which got reported below expectations yet aga...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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 ...

    ...wave of broad USD buying come in, but it’s been rather mild.  We think traders are going to need a day to digest the surprising news and so we think EURUSD flounders here around the 1.1230-40s.  A move back below the 1.1230s would be a decidedly negative t...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...ar/CAD sits at familiar chart resistance in the 1.3120-30s this morning as the broader USD enters a lull ahead of a huge day of news.  First up will be the text of Jerome Powell’s speech before the US House Financial Services Committee (to be released at 8...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; ...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...Services PMI data out of Europe and the decision by Brussels to refrain from sanctioning Italy over EU budget rules was welcome news for everything Italian (BTP bond yields plunging to 1.60%), we think the news that IMF chief Christine Lagarde has been nom...

    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...

    ... Independence Day.   ANALYSIS USDCAD Canadian traders are returning from a busy long weekend of news to find USDCAD moderately higher from Friday’s closing levels.  The G20 meeting produced a “truce” between the US and China...

    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....

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    ...g after US Treasury secretary Mnuchin said the US/China trade deal is 90% complete, when speaking to CNBC earlier.  This is old news in our opinion, and sounds very similar to a Financial Times article in April where the US said they were in agreement with...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; ...

    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. •...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

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

  • (News by tags)
    The Fed just capitulated

    • FOMC gives markets what it wanted; hastily signals US rate cuts to come this summer/fall. • Powell cites increased trade uncertainty, weaker business investment, prolonged inflation shortfall. • Fed’s Bullard dissented; wanted FOMC to cut 25bp yesterda...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

    p{ text-align: justify; font-size: 16px; font-family: "roboto condensed",helvetica neue,helvetica,arial,sans-serif; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60...

    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...

      .cta { background-color: #003767; color: #FFFFFF; font-size:16px; padding: 8px; text-align: justify; } Take control of your international payments with CXI FX Now. • Zero transfer fees & great rates • Fast ...

    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 ...

    ...a.  Chart support in the 1.1240s is getting tested, and the next level below that lies in the 1.1210s.  We think this news now muddies the Fed rate cut excitement for next week a little bit and is leading traders to consider the thought that the ...

    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 ...

    ...lf of Oman incident (gold and JPY steady).  The S&Ps futures are actually trading higher, which makes no sense to us.  In other news, the EU’s Moscovici said Europe is ready to move forward with disciplinary procedures over Italian debt if there no new com...

    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-...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...nt count rose slightly more than expected (23.2k vs 22.9k), wages rose +3.1% 3M/yr vs +3.0% expected, and when you combine this news with some hawkish commentary from the BOE’s Saunders, we have a small GBPUSD rally on our hands.  The upward momentum is la...

    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...

    ...Y     USDJPY Dollar/yen gapped up with global interest rates at the Sunday open yesterday, following the news that the US will not be proceeding with tariffs on Mexico.  MNI News is also reporting that the BOJ is becoming more and mo...

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...er this morning as the familiar risk-off themes from Friday spill over into this week.  The weekend didn’t produce any positive news on the US/China trade front, and if anything, China’s tone has become a little more combative after the Chinese Vice Minist...

    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...

    ...stocks and copper prices today.  We think this is part in parcel due to the rally in gold prices and EURUSD’s inability to make news lows here.  We also think the fact that USDCNH hasn’t yet taken out the 6.9500 level to the upside is somewhat supportive a...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...or its failure to meet EU budget rules.  More here.  The Italian 10-yr BTP yield shot up to 2.70% from 2.55% yesterday when the news broke, but EURUSD traders appear to be taking the news in stride ever since.  Italian deputy PM Salvini has said today that...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...e 1.2770s (or the February 2019 lows) has given way in early European trading today and a flood of selling has ensued.  Today’s news about Tory/Labour Brexit talks formally breaking down is the last thing the market needs right now and we think Boris Johns...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...rallying higher with EURUSD since the start of European trade.  Nothing positive has crossed the wires today in terms of Brexit news.  In fact, it’s been quite the opposite as Theresa May is now reportedly about to face an unprecedented challenge to her le...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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 ...

    ...on Iranian oil imports (Iran exports about half of its oil to China).  This combination of mixed US data and bearish oil market news is keeping USDCAD stuck around the high 1.34s as NY trading gets underway today.  We think the market may be vulnerable to ...

    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. ...

    ...ickly evaporated in early Asia trade overnight and put the pressure on these new USDJPY longs to seek more dovish than expected news out of the Bank of Japan later in the session.  That news never materialized, with the BOJ keeping to the status quo a...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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,...

    ...nty, weakness in housing demand and impacts from global trade tensions.”  More here.  This weaker than expected news caused an intra-day USDCAD short squeeze in our opinion yesterday, as the market’s break below 1.3315 prior to the he...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...e JPY!  China reported upbeat export and loan growth data for the month of March about an hour before this, and while some news outlets are saying this is a reason behind today’s “risk-on” tone to global markets, we think the EURJPY ...

    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 “...

    ...nd it too reported a drop in production (-550k bpd) and supply (-340k bpd).  While on the surface this sounds like bullish news for oil prices, we’d argue that a lot of this is already priced into the market.  Plus, while the agency kept it...

    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...

    ...over { background-color:#ffcd32; } Summary USDCAD: It’s been a busy morning so far in terms of news flow for the broader markets.  OPEC released its monthly report and it basically confirmed the oil market’s bull...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...ail Sales figures on Wednesday.  May copper prices are hugging support at the 2.90s again this morning, which is not great news for AUDUSD in our opinion. USDJPY: Dollar/yen has been attempting to grind higher as S&P futures tra...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ... claiming that the US and China are 90% of the way there on a trade deal.  One could argue the FT’s article is known news and it’s really the final 10% which is of utmost importance now, namely the enforcement mechanisms and the removal of...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ..., and jumped into expansionary territory (above 50) for the first time in four months.  Global markets are celebrating the news this morning by bidding up equities, bond yields, and commodity prices.  The broader USD and USDCAD is trading lower a...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ... hike, and signaled the end of its balance sheet runoff program (quantitative tightening) by September of this year.  This news caused a boost to US stocks and broad selling in the USD initially, but these knee jerk moves started to reverse themselves...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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-...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} .aut...

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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 ...

    ...t let’s see how we close out today. GBPUSD: Brexit headlines continue to suck up all the oxygen on the newswires.  Sterling extended its rally higher yesterday leading up to the 3pmET UK parliament vote on a “no deal&rdq...

    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...

    ...ome was largely expected by traders.  The market was also not able to break intra-day support in the 1.3050s following the news, which we think then forced some shorts to cover.  GBPUSD has been drifting higher ever since, despite lots of tough t...

    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...

    ...the rumors this morning, by announcing new legally binding changes to the Irish backstop (which on the surface is very positive news), however the UK Attorney General, Geoffrey Cox, has just thrown cold water over all this by saying that the legal risk for...

    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...

    ...nutes last night.  April crude is trading bid once again following Friday’s strong rebound back above the 55.20s and news today about Saudi Arabia planning to cut oil production further in April.  The US Retail Sales report for January was ...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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. • ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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 ...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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....

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...bsp; See hourly EURUSD chart.  Today’s North American calendar will be full of Fed-speak, so get ready to watch your newswire. 8:15am – Bostic 10:15am – Williams & Daly 12:00pm – Clarida 12:3...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...nd in wages continues to move higher).  We think traders might have to be on guard here for some potential positive Brexit news, given the market’s improving technical structure.  The next chart resistance levels are 1.2970-90, then 1.3050....

    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...

    ...andering between support in the 1.2770s and resistance in the 1.2850s this morning as traders digest some positive and negative news.  UK Retail Sales for January was the positive headline this morning, coming in at +1.0% MoM vs +0.2% expected.  ...

    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. •...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...the March 1st deadline, after which tariffs of 25% will be applied on over 200bln USD of Chinese imports.  This surprising news sent US stocks into sell mode, knocked crude oil prices all the way down by $52, and consequently led USDCAD past chart res...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...ling around the 2am hour, the market held support.  We think the market’s inability to fall further here on negative news could lead to a bounce higher today. GBPUSD: Sterling has had a quiet overnight session; retesting the N...

    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...

    ...er the UK Services PMI, unlike the other pan-European Services PMIs out today, missed expectations by a wide margin.  This news inviting more selling into the market after a miserable NY close yesterday which saw prices fall below chart support in the...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ... for all the way out to May 2020, suggesting rate hikes are now completely off the table in the US.  The stock market loved the news, rallying strongly to a new high on the year.  Bond fund manager Jeffrey Gundlach slammed Powell saying he is “caving to th...

    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...

    p{ text-align: justify; } ol {font-size:90%;} #break{display:none;} .author-text {display:inline-block; text-align: left; width:60%; vertical-align: middle;} .author-img {width: 35%; min-width:100px; display:inline-block; margin: 0% 2%;} ....

    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...

    ...led the market below chart support in the 109.40s.  It’s all about the earnings season right now for US stocks, and yesterday’s news from Nvidia and Caterpillar about a slowdown in China is what ruined the mood initially.  The S&Ps have since inched back a...

    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...

    ... GBPUSD: Sterling is pulling back this morning, and while this may seem a bit counterintuitive given the weekend’s news about Theresa May privately ruling out a “no-deal” Brexit, we think this simply validates the recent market ral...

    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. ...

    ... this morning after the January Markit PMIs out of Germany, France and the Eurozone largely disappointed to the downside.  This news, and the fact that we’ve now completely reversed yesterday’s GBP driven bounce, is not helping market sentiment and the cha...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align...

    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.

    ...opened last week at 1.2132 and closed at 1.1965 – depreciating by 1.38% due to falling manufacturing numbers. With negative news coming out of the EU has caused the EUR to decline against the USD. The Ireland boarder is still a big topic for the Brexit...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

    ...l the SNB begin to recall the notes from the eighth series, according to the SNB.   Get more foreign currency (FX) news >   .boiler { border: 1px solid #072B68; background-color: #EAF5FF; font-size:14px; padding: 8px; text-...

    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.

    ...old and the weakened US dollar has helped CAD appreciate as well. With the barrel of oil price topping off at $65 this is great news for the CAD. Even though all these positive outcomes are great for the CAD they are temporary. We will see how the oil ...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

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

  • (News by tags)
    Currency Exchange International Announces Financial Results for the Three-Month Period Ended January 31, 2018

    Currency Exchange International is pleased to announce our financial results and present management’s discussion and analysis (“MD&A“) for the three month period ended January 31, 2018.

    padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height:200%; } #financial tr:hover { bac...

    Tags: currency exchange international,cxi,news,cxi financials,press release,investor relations,fy2018

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

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

    ...eements President Trump has, for the time being, exempted Canada and Mexico from steel and aluminum tariffs. On other trade news, the future trading partnership with the U.K. Morneau has stated that “to the extent that we can get a better arrange...

    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.

    ...losed at 1.3801 – depreciating by 1.19% as politics weighed, and hard-Brexit fears were stroked. Brexit dominated the news, and the GBP/USD market this past week. The issue of the North Ireland border flared up, and tensions seem to be rising. EU...

    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.

    ...rns will be settled, and the BoC will have a better data-driven picture of the Canadian economy’s standing. NAFTA-related news, as well as the Canadian GDP will likely be the main drivers of CAD/USD market movement this week.   1. Curren...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

    ...after a Bloomberg report claimed that China may pause its US govt. bond purchases. The Sterling fell early in the week upon news that PM May will appoint a ‘No deal’ Brexit Cabinet Minister, to prepare for the possibility of leaving the EU ...

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

  • (News by tags)
    Currency Exchange International Announces Financial Results for the Year and Three-Month Period Ended October 31, 2017

    We are pleased to announce our financial results and present management's discussion and analysis ("MD&A") for the three month period and year ended October 31, 2017.

    padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height:200%; } #financial tr:hover { bac...

    Tags: currency exchange international,cxi,news,cxi financials,press release,investor relations,fy2017

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

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

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

    ...the week by reports that Libya lost around 90,000 barrels per day of crude production due to a blast on a pipeline. Riding this news, WTI broke $60, boosting the commodity-linked CAD. Further support was found in broad-based USD weakness. A variety of ...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

    ...rkened further, with Parliament voting 309 to 305 in favor of expanding UK lawmakers’ say on the final Brexit deal. After news reports to the contrary, PM May stated that she will not back down on the inclusion of a Brexit date in the plan. The U...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

    ...their influx of dollars and see an impact on their exchange rate.     Get more foreign currency (FX) news >>     .boiler { border: 1px solid #072B68; background-color: #EAF5FF; font-size:14px; paddi...

    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.

    ...lution for the North Ireland border, the size and nature of the divorce payment, and the rights of EU citizens. In economic news, the stress test of the UK banking system came back positive, though it was noted that the sector will suffer severely if B...

    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.

    ...o continue Brexit negotiations. Though the German political situation has not been resolved, Brexit fears were curtailed on the news that Tori Cabinet members will back PM May’s increased Brexit divorce bill offer (reportedly at $40bn). Further, it i...

    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.

    ... The CAD depreciated by 0.45% against the USD, despite an oil rally, as the CPI dropped as expected from 1.6% to 1.4%. This news was compounded by the 2.1% BoC forecast for 2018 GDP growth, far below the 2017’s robust 3%. In light of these projec...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

    ...ushed out to April. Many expect a second rate-hike by July 2018. The CAD was further weighed down by softening oil prices. This news was balanced in-part by a positively revised GDP forecast, citing slack remaining in the labor market which could support g...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

    ...counts” and hasten negotiations, if they want a free trade deal in place when they exit the bloc. This Brexit-related news was balanced in-part by a hawkish turn from the BoE; Andy Haldane, Chief Economist of the BoE hinted that UK interest rates...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

    .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-top:1%; margin-left:3%; vertica...

    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.

    ...CAD rose 0.74% against the USD last week, despite falling oil prices and lower-than-expected Canadian manufacturing sales. This news was balanced by Friday’s CPI data, which increased the likelihood of another rate hike come Autumn. Strong US retail sales ...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-stop(1...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

      a.SignUp_Button { -moz-box-shadow: 0px 1px 0px 0px #fff6af; -webkit-box-shadow: 0px 1px 0px 0px #fff6af; box-shadow: 0px 1px 0px 0px #fff6af; background:-webkit-gradient(linear, left top, left bottom, color-stop(0.05, #ffec64), color-s...

    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.

    ...d 54.5 thousand jobs, far exceeding expectations of 11.5 thousand. The BoC is not expected to raise rates and no major economic news is due this week.  The CAD is likely to remain stable in near future, but may appreciate slightly against the USD ...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align: middle;} .a...

    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.

    Photo: Bank of Canada .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-top:1...

    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.

    ...377 to remain relatively unchanged as this pair continues to trade in the 1.30 to 1.35 medium term range. Last week’s major news highlight was the failure to pass the US Healthcare bill which could negatively impact markets as the uncertainty of future...

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

  • (News by tags)
    Indian Rupees Are Now Back at All CXI Locations

    The Indian rupees are finally back and here’s what you need to know.

    .services_container {display:block; width:95%; margin: 0 auto; padding:10px 0px;} .services_container h2{ background-color:#286aa0; color:#FFF; line-height: 40px; padding-left:5px; } .services_info { margin-top:1%; margin-left:3%; vertica...

    Tags: reserve bank of india,rupees,inr,foreign currency,news,currency exchange international,currency exchange,foreign exchange,money,currency

  • (News by tags)
    Currency Market Trend Analysis: March 20, 2017

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

    ...ied to incoming economic data”. This week we have the CPI and Retail Sales data from Canada to keep an eye on with not much news coming out of the US.   1. Wholesale Sales: Monday March 20. 2. Core Retail Sales: Tuesday March 21. 3. Ret...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align: middle;} .author...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align: middle;} .author...

    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.

    ...d move in either direction as the Bank of England held rates steady. With UK manufacturing production data as this week’s major news item of note, we expect the GBP to trend downwards and close out around the 1.235 mark.    1. BRC Retail Sales Moni...

    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.

    ...d 160 points last week and closed at 1.2542, a remarkable recovery from a few weeks ago where it briefly dipped below 1.2000 as news and uncertainty around the Brexit process weighed on the pound. Positive news from last week for the pound was that the...

    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.

      p{ text-align: justify; } ol {font-size:90%;} .tradingview { height:350px; } #break{display:none;} #CurrencyInsider_bottom{display:none;} .author-text {display:inline-block; text-align: left; width:70%; vertical-align: middle;} .a...

    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.

    ... especially around fiscal stimulus. Unemployment remains steady at 9.8% as business confidence continues to rise while good news came out of the industrial output data. Heading into this week, the ECB rate decision is clearly at the top of the agen...

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

  • (News by tags)
    UPDATE: Prime Minister Removes Indian Rupees

    The elimination of 500 and 1,000 rupee banknotes causes commotion.

      Update: CXI is able to buy and sell Indian rupees (INR) once again starting Thursday, March 23, 2017 at all of its retail branches. This comes after a four months hiatus due to the monetary policy change issued by Narendra Modi, the Prime Min...

    Tags: india,rupees,foreign currency,news,currency exchange international,currency exchange,foreign exchange,money,currency

  • (News by tags)
    Currency Market Trend Analysis: January 09, 2017

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

    ...rs as Europe releases trade balance and industrial output reports while plenty of US data, Fed talk and President-elect Trump’s news conference are all liable to influence market thinking. new TradingView.widget({ "autosize": true, "symbol": "F...

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

  • (News by tags)
    CXI Announces Planned Timing for Filing of Audited Financial Statements for 2016 and Restated Prior Years

    Currency Exchange International, Corp. is proud to announce that following…

    p{text-align:justify; } January 6, 2017 Toronto, Canada - Currency Exchange International, Corp. (TSX:CXI) (OTCBB:CURN), announces that, following discussions with its independent auditors, the Company anticipates that on or about January ...

    Tags: currency exchange international,press release,cxi news,financial statements,foreign exchange

  • (News by tags)
    Weekend Wanderlust

    Top social media posts our fans love from September 1 - 8.

      Twitter: Bank of England Museum Opens Banknote Gallery This captivating new museum gallery will take you through the history of the bank, since 1694 to the role it stands for today as the nation's central bank and more for free.  The @...

    Tags: ...nspiration,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.

      p{ text-align: left; } th { padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height...

    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.

    ...thought they were to meeting their targets. They also noted the employment rate has increased dramatically since 2010. This news set the U.S. dollar in a turn for the better, allowing it to perform higher against other currencies. Meanwhile all eyes wi...

    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.

      p{ text-align: left; } th { padding-top:3px; background-color:#286aa0; color:#FFF; font-size:110%; } tr:nth-child(even) { background-color: #EAF5FF; line-height:200%; } tr:nth-child(odd) { background-color:#fff; line-height...

    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.

    ...cond-quarter GDP is expected show a slowing economy, with growth down to 0.2% from 0.7% in the first quarter. This would be bad news since they’re already coping with Brexit.   new TradingView.widget({ "width": 340, "height": 450, "symbol":...

    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.

      p{ text-align: left; } USD - U.S. Dollar The dollar is recovering from one of the worst weeks it has had in three months. Due to reports showing the U.S. economy grew at a flat annual rate of 1.2 percent during the second quarter, a...

    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.

      p{ text-align: justify; } USD - U.S. Dollar The dollar is steady against the euro and yen, but it could face some changes after the Federal Reserve meeting on Wednesday, July 27 and the Bank of Japan meeting on Friday, July 29. ...

    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.

      p{ text-align: justify; } USD - U.S. Dollar The dollar continues to show strength at a steady pace against other currencies, but uncertainty could surface as political components take center stage over the next couple of weeks. Meanw...

    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.

    ...to the political front as a new Prime Minister, Theresa May won the throne. The pound is taking a slight recovery from this news, but still exchanging at all-time lows of 1.29 against the U.S. dollar. No positive signs are on the horizon for the pound ...

    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.

    ... top: 0; left: 0; width: 100%; height: 100%; }   Want to be the first to know about currency news? Join our platinum passport now, and you'll get the latest delivered straight to your inbox. Or perhaps you have s...

    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.

    p{ text-align: justify; } EUR - European Union Euro The European Commission will stop all payments of the European Regional Development Fund to Greece for the 2014 - 2020 programmes. It was confirmed in a letter by New Europe and signed by Wal...

    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.

    ...iversary of the 19th Amendment, which guaranteed all American women the right to vote.   Get more foreign currency (FX) news >   .boiler { border: 1px solid #072B68; background-color: #EAF5FF; font-size:14px; padding: 8px; text-align: j...

    Tags: us department of the treasury,usd,us dollar,currency news,banknotes,history

  • (News by tags)
    Alaska Airlines to Merge with Virgin America

    The new merge of Alaska Airlines with Virgin America is set to become the west coast's premier carrier.

    ...e to deliver the blend of performance and care that we are known for.” For the latest updates on this story and more travel news, join our platinum passport now to always stay connected. But for now take a closer look at the new route map and Alaska Ai...

    Tags: alaska airlines,virgin america,airlines,travel news,travel,leisure,west coast

  • (News by tags)
    Titanic Replica Announced To Set Sail 2018

    Blue Star Line, an Australian company has a vision to create a replica of Titanic.

    Photo: Flickr/Roderick Eime   The all new Titanic II is set to sail in 2018. Blue Star Line, an Australian company owned by Clive Palmer has a vision to create a replica of Titanic. While many might raise eyebrows in disbelief and question w...

    Tags: titanic ii,cruise,ships,travel news,china,dubai,australia,leisure

  • (News by tags)
    China's Currency Dives As Stock Market Crashes

    Asian markets begin 2016's first trading day with a gloomy start.

      The Chinese stock market crashed again on Monday, causing the stock market to freeze trading for a day.   Chinese markets halt trading for day after shares plunge https://t.co/wiMhkiqR8q pic.twitter.com/ZBqH6Ocbfw — CNBC Internationa...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    U.S. And Cuba Announce Airline Arrangement

    One year since relationship thaws, another step in the right direction.

    Photo: Les Haines   The United States and Cuba have announced an arrangement made on Wednesday, but what exactly does it mean for travelers? According to The U.S. Department of state, “While U.S. law continues to prohibit travel to Cuba for ...

    Tags: cuba,united states,us department of state,travel,travel news,currency

  • (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.

      The Chinese yuan was approved as one of the world’s exclusive currencies on Monday, a milestone decision by the International Monetary Fund that highlights the country’s rising financial and economic weight. For the first time in over 15 years...

    Tags: china,yuan,renminbi,currencies,imf,money,economy,currency news,currency,cny,foreign currency,foreign exchange

  • (News by tags)
    New Florida Train Service Announced From Miami To Orlando

    Brightline will now let you relax and enjoy the beautiful Sunshine State without traffic.

      All Aboard Florida has revealed that the new express inter city train travel service, which will cost more than $3 billion to build, will be called the Brightline. Service between West Palm Beach and Miami is scheduled to begin in 2017, with f...

    Tags: trains,transportation,brightline,travel,leisure,travel news,news

  • (News by tags)
    United Airlines Will Now Compensate Unhappy Travelers

    Airport agents are now allowed to distribute up to $125 for customers with complaints.

      United Airlines is taking more steps beyond free drinks to improve customer service. As of November 2nd the airline started a new program that allows airport agents to distribute electronic certificates of up to $125 to customers who have min...

    Tags: united airlines,travel,leisure,customer service,travel news,business,united airtime

  • (News by tags)
    Orion Travel Eliminates Airline Baggage Fees

    Never pay for those pesky airline baggage fees again.

      As airlines have struggled over the years, many of them have turned to charging fees for "Extras" like snacks, in-flight entertainment and checked baggage. One company has figured out a way to help you avoid those pesky fees, but you'll have t...

    Tags: orion travel tech,airlines,baggage fees,travel,leisure,travel tips,news,vacation,air travel,business travel

  • (News by tags)
    Norwegian Air CEO Announced $69 Flights From U.S. To Europe

    Coming soon: Norwegian air will begin offering low cost flights to Europe.

    ...ike to carry so much cash on hand consider the multi-currency cash passport.     Get more travel tips and news > Sign up to CXI's newsletters >   .boiler { border: 1px solid #072B68; background-color: #EAF5...

    Tags: travel tuesday,norwegian air,flight deals,travel,leisure,airlines,europe,news

  • (News by tags)
    New Incredible Fact Tourists Should Know About Visas

    Are you really prepared for that next vacation? Check out what you need to know.

    ..., long-term visas. Learn more about your destination before you travel abroad here.   Get more travel tips and news >   .boiler { border: 1px solid #072B68; background-color: #EAF5FF; font-size:14px; padding: 8px; text-...

    Tags: travel,leisure,passport,visas,news,travel tuesday,thailand,asia

  • (News by tags)
    Why Airline Seats Will Make You Question Everything

    An insider new look at reinventing airline seats. Is this the most brilliant idea ever?

      After years of financial struggles, the nation's airlines are now collecting hefty profits thanks in part to industrywide efforts to squeeze more seats into the economy section of most planes. If you thought airlines were finished try...

    Tags: airlines,economy,seats,reinventing,travel,tourism,travel news

  • (News by tags)
    Cruise Giant Carnival To Soon Launch Sailings To Cuba

    Carnival will be the first American cruise company to visit Cuba starting in May 2016.

      The world's largest cruise company intends to begin traveling to Cuba in May 2016. The announcement comes in the wake of the Obama administration's recent moves to restore diplomatic ties with Cuba and loosen rules for U.S. travel to ...

    Tags: travel,tourism,cruise,carnival,cuba,news

  • (News by tags)
    You Can Now Take Selfies Inside The White House

    Strike a pose! For the first time in 40 years, you can now take selfies on White House tours.

      Starting Wednesday, July 1, 2015 visitors on guided tours of the White House are allowed to take photos while inside. "Effective today, guests are now welcome to take photos throughout the White House tour route and keep those memori...

    Tags: the white house,tours,united states,travel,tourism,news

  • (News by tags)
    13 Amazing Reasons Why Couples Who Travel Together Stay Together

    Find out why traveling helps your relationship and surefire ways to stay together.

      The wonderful benefits of traveling the world are endless, but how about with your significant other? Here’s a better look at why couples who travel together stay together. According to a survey of 1,000 couples about understanding ...

    Tags: communication,news,relationships,romance,travel

  • (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

  • (News by tags)
    Delta Flight To New York Flies With Just Two Passengers

    Imagine being on a plane with just one other person. Would you consider that Creepy or lucky?

      In an era of packed flights, finding an empty middle seat has become a rare luxury for air travelers. Delta Flight 6259, a regional jet operated as a Delta Connection flight, left Cleveland for New York LaGuardia on Monday with all but t...

    Tags: delta,airlines,travel,news