News & Analysis

 LONDON The foreign exchange market’s status as the world’s largest, built up over decades of rampant globalization, deregulation and growth in financial services, is unlikely to be relinquished any time soon. But the glory days are over. Overall market volume and employment levels at the biggest banks trading currencies are shrinking, as tighter bank regulation, […]

Iran enjoys trolling the United States. In fact, it’s something of hobby for the Ayatollah, who has maintained the country’s semi-official “death to America” slogan even as President Rouhani plays good cop with Obama and Kerry. The ink was barely dry on the nuclear accord when Tehran test-fired a next-gen surface-to-surface ballistic missile with the […]

Emerging-market currencies rose to the strongest level against the dollar in a month as a slowdown in U.S. services expansion spurred speculation that the Federal Reserve will delay raising interest rates. Malaysia’s ringgit and South Korea’s won strengthened at least 1.4 percent against the dollar. Turkey’s lira erased this year’s losses. Brazil’s real gained for […]

By Gaurav S. Iyer, IFC Published : January 31, 2016 A Little Hope for the CAD to USD? Is there any hope for a recovery in the Canadian dollar? Well, as unsatisfying as it seems, the fate of the CAD to USD has been tied to several other questions. Only by answering all of them […]

By Robert Baillieul, B.Comm. Published : January 25, 2016 Could the Canadian Dollar Hit $0.60? If you own Canadian dollars, picture this… You stop in the grocery store after work. CA$7.99 for a carton of milk? CA$9.95 for a small box of cereal? CA$21.00 for two pounds of grapes? Your small bag of groceries rings […]

EUR/USD Current Price: 1.0796 View Live Chart for the EUR/USD Market’s reversed course on Friday, as crude oil prices recovered sharply from sub $30.00 a barrel, the lowest in 12 years, to close the week above $32.00 after flirting with $26.00 a barrel  earlier in the week. The movement came one day after the ECB’s […]

China burned through $108 billion in December China burned through $108 billion in December, according to China’s central bank, as the country tried to stabilize the yuan as it depreciated against the dollar. That works out at to about $3.5 billion per day. That effort didn’t stop the yuan from ending the year down 4.5% against […]

So a very Happy New Year to all and let’s hope 2016 shines a little bit brighter than 2015. Well, that’s the theory at least. In reality it looks like a rather gloomy start to the year with markets in China and Japan in free-fall and tensions rising in the Middle East after the Saudi […]

With the holiday season done for another 12 months (apart from Eastern Europe of course) markets and currencies get back to the daily business of ups and downs. Some currencies will be winners and some will be losers but one thing’s for sure. Whichever way a currency is heading – we can trade it the […]