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Canadian Dollar Underperforms on Fundamental Forecast

The Canadian dollar gained sharply against its US namesake on recent Federal Reserve actions, but the Loonie nonetheless underperformed major G10 counterparts…

Yen Weakness May Continue As BoJ Buys Government Bonds

Yen Weakness May Continue As BoJ Buys Government Bonds Fundamental Outlook for Japanese Yen: Bearish – Japan’s Tertiary Index unexpectedly rose 0.4%, on…

US Dollar In Jeopardy Of Losing Its Reserve Status

The dollar was able to recover lost ground on Friday; but the rebound was more a relief rally – with shorts squaring positions – than a genuine recovery…

British Pound to Fall as Data Signals Deepening Recession

The British Pound faces substantial downside risks next week as a heavy dollop of negative economic data points to ever-deepening recession.

Australian Dollar May Benefit As Inflation Concerns Rise

Australian Dollar May Benefit As Inflation Concerns Rise Fundamental Outlook for Australian Dollar: Bearish – Westpac Leading Index for January fell 0.2%…

Euro Forecast to Gain Against US Dollar, but Doubts Remain

Euro forecasts against the US Dollar saw noticeable improvement on the week, as the USD suddenly finds itself at a clear disadvantage against key counterparts….

Technical Research for Australian Dollar Crosses

-AUDCHF tests channel resistance -AUDCAD and AUDNZD close in on 200 day SMAs

USDJPY Bear Trade Next Week

The longer term USDJPY decline may have resumed. The advance from 87.09 is in 3 waves and price has dropped below the wave A high at 94.67, confirming…

US Dollar Finally Finds Bids in Final Session of Trade (Daily Classical)

Euro finally stalls out but still confined to Thursday range. Dollar/Yen poised for fresh upside extension. Cable well capped for now ahead of 100-Day…

Long Term Congestion Stabalizes The Fundamental Debate Behind CHFJPY

Mid-week momentum that sent so many currency pairs to major breakouts seems to have settled into the weekend. In the aftermath of all the action, there…