Analysts at Wells Fargo, warn that the presidential election results (July 1) could have significant implications on the peso as well as on economic growth in Mexico. Key Quotes: “The Mexican economy
EUR/SUD corrected lower on Friday but still managed to have the best week in months. Busy week ahead: US CPI, ECB, FOMC, Trump, trade war and more. The EUR/USD pair dropped on Friday after rising duri
The currency strategy team at Wells Fargo expect the US Dollar to dropped against most major currencies later this year on the back of monetary policy. Key Quotes: “The U.S. dollar reversed much of it
According to analysts from TDS, the market is extremely well priced for a June rate hike next week from the Federal Reserve and they see that the FOMC will not disappoint. They expect the 2018 median
Loonie recovers strength after lower-than-expected Canadian jobs data. USD/CAD extends slide and turns negative for the week. The USD/CAD pair dropped during the US session to the lowest level in two
Analysts at Wells Fargo, looks for the pound to strengthen against the dollar in the medium term, as the Bank of England resumes its tightening path. Key Quotes: “Real GDP growth in the U.K. was a dis
Analysts at Danske Bank, expect the Federal Reserve to hike the target range by 25bp to 1.75%-2.00% next week without making big changes to the dot plot. Key Quotes: “In line with consensus and market
USD/JPY makes a modest recovery toward mid-109s in the NA session. DXY goes into a consolidation phase below 94. Markets stay quiet amid a lack of fresh fundamental drivers. After failing to remain ab
Matthieu Arseneau, analysts at National Bank of Canada’s analyst, point out that despite the numbers of the May employment report, the Bank of Canada could still raise rates in July. Key Quotes: “Cana

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