Forex Analysis

CAD Mid-day Analysis

Ongoing strength in the Dollar, expectations of rising US rates

While some might have expected the UK services PMI data to

The USD regained strength after overnight consolidation.

Euro-area retail sales are expected to have continued to increase in

US stocks retreated (S&P 500: -0.5%) yesterday after the Nasdaq index on

The pair closed in NY Tuesday at $1.5360 after rate had recovered off

The pair started this morning in Sydney at $0.7818, after a relatively quiet

The pair has had a quiet but fairly choppy session so far this morning in

USD/JPY opened in Sydney at Y119.74 this morning after European and

While the Euro saw supportive German retail sales readings and

The down trend in the Swiss continues with another lower low on the charts.

The Yen has seen some modest support from BOJ comments that