The picture for the Canadian dollar is worsening as it continues to carve out fresh 14-month lows. The US dollar…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.…

Prior was +0.9% The advanced April reading was +0.6% April retail sales ex autos +0.1% vs +0.7% expected Prior ex…

It’s been a very light session with no major data or news releases. The markets were also pretty calm with…

Rate hikes by year-end RBNZ: 62 bps (80% probability of rate hike at the next meeting) Fed: 38 bps (40%…

ECB’s Wunsch said he would support another 25 bps hike if inflation data continues to come in stronger than expected,…

Inflation will be above 3% for the rest of this year It’s hard to make a case that we shouldn’t…

FUNDAMENTAL OVERVIEW USD: The US dollar surged across the board on the more hawkish than expected dot plot (the consensus…

Prior -1.3% (revised to -1.0%) Retail sales +3.2% vs +1.9% y/y expected Prior +0.0% (revised to +0.1%) Retail sales ex…

EUR/USD 1.1500 (EUR 3.45 bn) 1.1350 (EUR 1.06 bn) USD/JPY GBP/USD USD/CHF USD/CAD AUD/USD 0.7055 (AUD 385.01 mn) 0.7000 (AUD…