The upcoming G20 summit and the anticipated US/China meeting to discuss trade is overshadowing the market this week. US$ strengthened slightly from the positive trade rhetoric out of the US, but generally markets remain confined in tight trading bands. C$ continued to steadily strengthen yesterday t...

Fed comments yesterday that its “grappling with whether current risks to the economy warrant rate cuts” saw equity markets ease and US$ rally. Oil also rallied on the news of the possible permanent closure for the Philadelphia refinery. G20 summit remains the primary focus for investors ...

US$ continues to weaken hitting 3 month lows vs Eur and Yen. The potential of the FED cutting rates as soon as July causing the US$ sell off. Yen rallied on general US$ weakness and safe-haven buying from Iran/US tensions. The market is also clearly focused on upcoming G20 and the possibility of the...

Iran/US tensions and the up coming G20 summit are the markets primary focus this week. Oil prices continue to strength on the back of the US/Iran tensions. The anticipated meeting between the US & Chinese leaders to resolve the trade tensions will be held on the weekend. US$ is at a 3 month low ...

Rising tensions between US-Iran saw Yen rally on safe-haven buying as concerns of possibly military strikes grow. Currency markets were generally quieter in Asia as investors monitor M.E tensions and await any developments from the China/US trade discussions. US$ weakened to its lowest level since M...

A busy day for US$ which had its 2nd largest single day sell-off of 2019 on the back of Fed comments. The FED’s dovish rate comments signaling the likelihood of a rate cut as early as July. Oil rallied 3% on reports Iran had shot down a US drone. In the UK the conservative party […]...

Comments that trade talks are to restart and a planned extended meeting between the US & Chinese leaders at the G20 sent positive signals to the market. The immediate focus is on the FED and their comments on the direction of US interest rates due out in the afternoon. Cad firmed against the US$...

The US$ gained after hints from the ECB of more stimulus if inflation doesn’t pick up. FED starts two days of meetings today, any signal of a neutral stance, expect to see the US$ rally again. Weaker Oil prices and expected hold on rates by the FED saw C$ continue to slowly weaken against the ...

US$ continues to strengthen after Fridays good retails sales number. A busy week for central banks as ECB, BOE and the FED have meetings this week. The FED is expected to keep rates unchanged, but globally the trend has been towards easing on global recession concerns with the protracted US/China tr...

Global recession fears rise after China’s May industrial output growth slows to a 17 year low. The markets are looking to the FOMC 18/19th June for direction on near term interest rates. Major currencies remain within their current trading bands, with US$ slightly firmer.   US$ continues ...