Oil Aims Higher, Reinforces USDCAD Down Trend
A solid rebound into late July for oil (Brent and WTI), switching the intermediate term outlook from neutral back to bullish. Moreover, the…
A solid rebound into late July for oil (Brent and WTI), switching the intermediate term outlook from neutral back to bullish. Moreover, the…
Both the Australian and New Zealand Dollars had displayed an even more bullish tone through mid-July against the US Dollar, both reflecting US…
The pan-European currency has produced strong gains against most G10 currencies over the past three weeks since ECB President Draghi indicated a potentially…
A July Oil price rebound has reinforced the positive tone for the Canadian Dollar. The Bank of Canada rate hike in early July…
Both EURUSD and GBPUSD retain a bullish outlook on an intermediate-term timeframe into July. In particular, EURUSD continues to threaten significant higher price…
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With each passing week and month, it is getting more and more difficult to find any optimists out there in the analyst community….
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Divergence of central banking policies remains and will remain for some time a major driver of the economic health of the global economy….
A resilient consolidation tone for the US Dollar versus both the Canadian Dollar and the Japanese Yen moving into mid-May. For USDCAD the…
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The world, especially Europeans that have respected the status quo and supported the EU and the Euro, breathed a collective sigh of relief…
A surge higher by EURUSD on Monday in reaction to the French Presidential election result has created an intermediate-term shift and sets the…
GBPUSD has proved resilient in early April and has a positive bias within an intermediate-term range. The threat is for bullish shift, but…
AUDUSD and NZDUSD remain within broader range environments on an intermediate-term basis, but erratic activity into the end of March also leaves a…
Shifts in the outlook for the US$ have been frequent in Q1 2017, with switches in views for how hawkish or dovish the…
A shift in tone from various members of the FOMC since late February has produced a more positive tone for the US Dollar…
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The Devil is in the detail. This familiar phrase seems most appropriate at this stage, as uncertainty grips our financial markets. Without the…
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