Fundamental analysis of Forex market

For The USD, It’s All About This Week’s CPI

For the USD, it’s all about this week’s CPI. Markets dismissed the opening salvo of the US -Sino trade war as dated news. However, after another Goldilocks NFP, US stock ...

Weekly Economic and Financial Commentary: All Signs Point to Stronger Second Quarter GDP Growth

U.S. Review All Signs Point to Stronger Second Quarter GDP Growth Employers added 213,000 new jobs in June. The unemployment rate ticked up to 4.0 percent on an increase in ...

The Weekly Bottom Line: China Tariffs Likely to Impede Economic Momentum

U.S. Highlights A holiday-shortened week was nevertheless chock-full of data releases that confirmed the U.S. economy continues to expand at a strong above-trend pace. Economic activity remains robust, but there ...

Trade Uncertainty Hits Dollar’s Confidence

The US dollar fell against major pairs on Friday despite a strong June jobs report due to the impending start of tariffs against Chinese goods and the retaliation from the ...

Week Ahead – Loonie Eyes BoC Rate Hike; UK Starts Publishing Monthly GDP

A policy meeting by the Bank of Canada looks set to be the most exciting item on next week’s calendar as it will be a somewhat muted five days for ...

Look Ahead: US CPI, BOC and ECB Minutes

The mixed-bag US jobs report on Friday caused the dollar to weaken further, allowing the likes of the EUR/USD and AUD/USD to push higher, while buck-denominated gold also got a ...

Australia & New Zealand Weekly: Falling Power Bills & Moderating Housing Costs are Holding Back Inflation

Week beginning 9 July 2018 Falling power bills & moderating housing costs are holding back inflation. Australia: Westpac-MI consumer sentiment, housing finance, NAB business survey. NZ: retail card spending, REINZ ...

If Not Raising Wages, Then What?

How Employers Are Addressing Hiring Difficulties Stubbornly slow wage growth has been one of the most lamented aspects of the current expansion. The historically weak pace of wage gains comes ...

Jobs, Wages and the Participation Rate: Fed Full Speed Ahead

June job gains came in at 213,000. Maintaining the momentum of the tight labor market, wages were up 2.7 percent and the unemployment rate rose to 4.0 percent. Fed to ...

NFP Recap: Dollar Dumped to 3-Week Lows as Wages Miss, Unemployment Rises

After President Trump spoiled “traders’ Christmas” last month with a now-infamous tweet implying that the May jobs report would be strong, market participants were happy to get back to their ...

Canadian Labour Markets Back on Track in June

June saw 31.8k net jobs added to the Canadian economy. The unemployment rate rose to 6.0% as a surge of Canadians joined the labour force. However, the details were somewhat ...

Canada’s Goods Trade Deficit Widens to $2.8 Billion May

Canada’s goods trade deficit widened to a larger-than-expected $2.8bn in May from a slightly revised $1.90bn in April (previously $1.86bn). Exports were flat during the month, weighed on by shipments ...

How Have Major Currencies Fared So Far in 2018, and What Lies ahead?

Following the completion of the second quarter of the year, the dollar is standing higher against most of its major peers, drawing support from a more hawkish Fed and a ...

FOMC Minutes Show a Fed Likely to Stay the Course on Quarterly Rate Hikes

The Federal Open Market Committee (FOMC)’s minutes from their June meeting showed little change in participants’ views of the economic outlook, even as they expressed some concern over the potential ...

Canadian Dollar Steady ahead of FOMC Minutes, US Job Data Disapppoints

The Canadian dollar has inched lower in Thursday trading. Currently, USD/CAD is trading at 1.3123, down 0.17% on the day. On the release front, employment data is in the spotlight ...

DAX Boosted by Car Makers on Talk of Tariff Deal

The DAX index has posted strong gains in the Thursday session. Currently, the DAX is at 12,505, up 1.58% on the day. On the release front, German Factory Orders jumped ...

Japanese Yen Steady in Holiday-Thin Trade

The Japanese yen has ticked lower in the Wednesday session. In North American trade, USD/JPY is trading at 110.50, down 0.08% on the day. U.S banks and stock markets are ...

Dollar Eyes Fed Minutes ahead of Jobs Report and Tariffs

The Fed will release the minutes from its June policy meeting on Thursday, at 1800 GMT. Not only did policymakers raise interest rates for a second time this year at ...

Canadian Dollar Quiet, Investors Eye FOMC Minutes

The Canadian dollar is unchanged in Wednesday trading. Currently, USD/CAD is trading at 1.3147, up 0.06% on the day. On the release front, there are no Canadian or U.S events ...

Investors Look to Safe Havens as Trade Worries Linger

Here are the latest developments in global markets: FOREX: With US markets being closed for Independence Day and trade risks discouraging investors from buying the dollar ahead of a deadline ...