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Tag: US Dollar

USD Weaker After Trump Interest Rate Comments

Canadian inflation data eyed as BoC ponders more hikes It’s looking like being a quiet end to the trading week, with the only notable economic releases coming from Canada and it being one of the less eventful days of earnings season. The Canadian inflation figures will be one interesting takeaway today, after a year in […]

Investors’ Concerned By Prospect of More Tariffs

Additional tariffs trigger more risk aversion US markets are on course for another day in the red as we await the open on Tuesday, with futures down more than one percent as US President Donald Trump threatens to intensify the trade spat with China. Trump has requested that another $200 billion of Chinese goods be […]

OANDA Market Insights Podcast With Jazz FM

OANDA Senior Market Analyst in Toronto Alfonso Esparza and Jazz FM Business Breakfast presenter Jonny Hart look back at the week’s business and market news. This week UK GDP set to stall rate rise, US earnings drive stocks up and Dollar climbs higher. U.S Dollar Shines Despite Labour Day Recognition USD/CAD – Canadian Dollar Steady […]

Fundamentals Remain Positive Despite Sell-Off

Despite the recent fluctuations and concern about major corrections in global equity markets, Craig Erlam, senior market analyst at Oanda, says fundamentals, like corporate earnings, remain positive. CAC Climbs on Strong German, Eurozone GDP Reports Futures Higher But Market Remains Vulnerable Will it be a Valentines Day Massacre for the Dollar?

US Dollar Rout Continues With Inflation Data in the Horizon

Safe haven flows after the stock market collapse favour JPY and CHF The US dollar is once again on the back foot on Tuesday. The currency is softer against major pairs ahead of key US inflation data for January. The U.S. Federal Reserve along with traders will be looking at the consumer price figures for […]