Fundamental Analysis

The USD appreciated during the week against major pairs. The currency got a boost from the release of the minutes from the January Federal Open Market Committee (FOMC) meeting. The brief statement was...
Fundamental Analysis

USD trading was also mostly technical in nature. Core yields eased further but the move was again more or less parallel between the US and EMU, leaving little guidance for EUR/USD trading. Investors ...
Fundamental Analysis

Statistics Canada data this morning showed that headline inflation in Canada slowed last month, while measures of underlying prices strengthened to their highest level in 18-months. ...
Fundamental Analysis

The Canadian dollar is drifting in the Friday session. Currently, USD/CAD is trading at 1.2707, up 0.01% on the day. On the release front, Canada will release a host of CPI indicators, led by CPI. Th...
Fundamental Analysis

Canada's core retail sales dropped by 1.8% in December, following the upwardly-revised 1.7% increase in the prior month. Statistics Canada stated that headline retail sales dropped 0.8% in the reporte...
Fundamental Analysis

The UK Office for National Statistics said that the second estimate for Britain's GDP growth in the final quarter of 2017 reflected a short downward revision from the first estimate, falling to the 0....
Fundamental Analysis

After taking a breather on Thursday, the US dollar extended gains Friday amid easing rate concerns. US treasuries were better bid, which sent yields lower. The 10-year fell 3bps to 2.90%, while on the...