Forex Analysis

CAD Mid-day Analysis

While we think the Canadian deserved to bounce off

An upside breakout on the charts is indicative of an

The US dollar was weaker against most currencies.

We expect euro-area GDP growth for Q4 to surprise on the upside with

The Swedish Riksbank yesterday surprised markets by cutting the repo rate to -0.10%.

The pair closed in NY Thursday at $1.5385 after rate drifted back from

The pair started this morning in Sydney at $0.7740,

It’s been another quiet market for the euro today despite some developments in

USD/JPY started in Sydney at Y118.95, after offshore markets witnessed a Y118.51 to Y120.38 range.

With a reduction in geopolitical headwinds from the Ukraine cease-fire

Seeing the Swiss remain near its recent lows in the wake of

The Yen has displayed some recovery action overnight despite