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For the 24 hours to 23:00 GMT, the USD rose 0.12% against the CAD to close at 1.2310.In economic news, the house price index in Canada advanced 0.90% MoM in May. The index had recorded a rise of 0.20%...
On Friday, the USD declined 0.49% against the CHF and closed at 0.9293.The Swiss Franc nudged higher, after Switzerland’s KOF institute upgraded its economic forecast for the Swiss economy to...
On Friday, the USD weakened 0.09% against the JPY and closed at 123.41.In the Asian session, at GMT0300, the pair is trading at 123.51, with the USD trading 0.08% higher from Friday’s close.The...
On Friday, the GBP rose 0.30% against the USD and closed at 1.5560.In economic news, the construction output in Britain surprisingly eased 0.8% on a monthly basis in April, while it was expected to...
On Friday, the EUR rose 0.10% against the USD and closed at 1.1253.In economic news, industrial production in the Euro-zone rose 0.1% on a seasonally adjusted monthly basis in April, lower than market...
CA Core CPI is likely a strong high-impact event but since it’s released at the same time with the Core Retail Sales, we’ll have plenty of market volatility, but the key will be to wait...
UK Retail Sales is expected to come in at 0.0% and we’ll be looking for a minimum deviation of about 0.5%. I would recommend to take yesterday’s FOMC rate decision into consideration when...
NZ GDP q/q is a quarterly release and may impact the market greatly, but since it is being released after the FOMC Press Conference, I’d be very selective with this trade and will only take it...
UK MPC Meeting Minutes will be the first time for the market to get an insider’s look at the MPC meeting that took place 2 weeks ago, which ended up keeping both rates and APT unchanged. It is...
UK CPI y/y release could provide some directional guidance for the Sterling, especially if we were to get another negative reading today. With USD once again taking a firm advance, a weaker CPI could...
Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7225, 0.7174, 0.7124 Resistance: 0.7287, 0.7326, 0.7388 The euro is a attempting to clear a path toward support below the 0.72 figure...
Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2213, 1.2105, 1.1997 Resistance: 1.2384, 1.2562, 1.2675 The US dollar turned lower against its Canadian counterpart as expected after...
Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5464, 1.5289, 1.5170 Resistance: 1.5647, 1.5794, 1.5941 The British pound advanced against the US dollar as expected after putting in...
Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11834, 11790, 11731 Resistance: 11887, 11946, 12043 The Dow Jones FXCM US Dollar Index continues...
Key Fundamental Forex Events for the Week of June 8th through June 12th The following table lists the key economic data and other events that came out during the week of June 8th through June 12th,...