The US$ retests the monthly highs this morning and is poised to break through to new levels not seen in two years. Despite weak economic numbers the US is not only outperforming Europe and China economically, but also appears more politically stable. There are some important economic numbers due but...

The US$ strength appears unstoppable this morning continuing an eleven day rally, and approaching new highs, on news that the Administration is granting a two-month extension to the China tariff deadline. The market is hopeful the Administrations softening stance is a sign of resolution in the trade...

The US$ remains weak after yesterday’s drop on the news of a record job openings report; look for some strength today as US$ builds support for a retest of recent highs over the next few days. There is positive news as inflation numbers due this morning are at 1.6% well below the Fed’s 2% target...

The US$ failed to breach the highs of December, Fed Powell’s speech this afternoon and the impending China talks will be key to guiding the US$ strength going forward. The market will be waiting for direction from Fed Powell’s speech this afternoon and the Jolts Job Openings report is due this m...

The US$ appears unstoppable as it rallies for eight straight days to new highs for the year on a positive outlook for future economic strength. With the Chinese holiday’s over there is optimism over a resumption of trade talks, and the stock market is holding near its yearly highs, despite rumours...

After falling almost 2% the last four days C$ is pausing in anticipation of economic numbers that could weaken to lows not seen since mid-December 2018. Given Bank of Canada’s Deputy Governor Lane’s recent comments these numbers take on a heightened importance for clues to BoC’s rate outlook a...

CAD continues to fall into this mornings’ session, due to bearish comments from Deputy Governor Lane, despite on-going commodity strength. CAD dropped when Bank of Canada Deputy Governor Lane announced that he supports a weaker currency to stimulate growth. Lane blamed CAD weakness on US Fed rate ...

CAD has fallen overnight due to concerns over the economy and trade. Oil is slightly weaker but is holding well given its recent run up, so CAD should find some support at these levels. Bank of Canada Deputy Governor Tim Lane is speaking later this morning. His comments could provide more direction ...

The US Dollar remains strong this morning, continuing from yesterday. USD has rebounded strongly over the last few days, but momentum is turning. Strength should be short lived today. The market will be looking for some further direction from the President’s State of the Union address tonight. Tod...

The US Dollar rallied as other currencies struggle this morning. Strong jobless numbers on Friday, the second strongest monthly growth in jobs in two years, supported US Dollar strength. That strength has continued into this morning and should continue for the rest of the day. CAD is quietly weaker ...