US$ was modestly lower against a basket of currencies after three straight days of gains, generally trading in narrow ranges ahead of monetary policy meetings at the ECB today and the Federal Reserve next week. Today we have Durable goods orders which is predicted to increase 0.7% in June after fall...

US$ traded near a five-week high against most major currencies. With a government borrowing agreement on Monday the U.S. Treasury could increase its short-term borrowing. An increase in U.S. borrowing would cut money in the banking system which is seen favourable for the dollar. US existing home sal...

US$ at a 2 week high versus major currencies as investors have been scaling back expectations of a 50 bps rate cut next week. Yesterday U.S congress reached a deal yesterday on a two year extension of the debt limit, removing fears of a government default later in the year. The US will release the [...

US$  slightly up this morning thanks mostly to safe-haven demand amid rising tensions in the Middle East. USD could be range bound today  as investors await a Fed interest rate cut next week, UK elections this week and ECB meeting later in the week. C$ is flat this morning and with no economic new...

US$  slightly up this morning thanks mostly to safe-haven demand amid rising tensions in the Middle East. USD could be range bound today  as investors await a Fed interest rate cut next week, UK elections this week and ECB meeting later in the week. C$ is flat this morning and with no economic new...

US$ recovered slightly this morning having heavily fallen and dovish comments from NY FED John Williams yesterday of an aggressive interest cut this month. It had rebounded slightly after a representative at the NY Fed said Williams comments were academic and not about immediate policy direction. Ma...

US$ is down against most majors for the second day after weaker housing data yesterday and softer U.S Treasury yields. Investors seem to be gearing up for next weeks policy meeting where 25 basis point rate cut has been built into the money market. C$ is firm this morning against the USD with oil  ...

US$ news of President Donald Trump maintained his threat to impose additional tariffs on Chinese imports.    The dollar rose against a basket of currencies after strong U.S. retail sales data reinforced market expectations the Federal Reserve will refrain from making a large 50 basis-point rate cu...

US$ slightly stronger vs major currencies this morning. BOE, FED chiefs both speaking today as well as US retail sales should provide intra-day direction. C$ failed to extend its current rally yesterday with easing oil prices. We currently sit at the key 1.3050 level, our stronger C$ bias remains in...

US$ starts the week slightly weaker vs major currencies. Mixed data from China with strong retails sales surging 9.8% whilst Q2 GDP growth slows to 27 year lows. GDP data shows signs that impact from US/China trade dispute is starting impact the economy. On a positive note, comments that US firms &#...