USD/CAD Forecast Mar. 26-30 – CAD comeback

Dollar/CAD had a massive turnaround, reaching new highs before turning sharply lower. Will it continue falling? GDP is the primary event in a light week leading into Easter. Here are the highlights and an updated technical analysis for USD/CAD. Everything went in favor of the Canadian dollar: the US removed a key demand that blocked the […]

EUR/USD Forecast Mar. 26-30 – Ready to rise?

EUR/USD rocked and rolled, ending the week slightly higher. Will it pick a new direction in the last week of March? Preliminary inflation numbers stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Further signs of a peak in euro-zone showed up with PMI data all falling […]

What are trade wars and how do they affect currencies

Trump’s tariffs on steel and aluminum put the phrase “trade wars” back into vogue. What are trade wars? How do they move currencies? What can we expect going forward? Here are some answers to trade wars. What are trade wars? The term trade war refers to countries imposing tariffs or other trade limitations such as […]