FX Daily
FX Daily

The Fed maintained interest rates steady but surprised with a hawkish stance, hinting at upcoming rate hikes in 2023.

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FX Weekly
FX Weekly

The markets are starting the week on a cautious note. The USD is trading narrowly against major currencies, with most varying by about 0.2% against the USD in today's session.

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FX Monthly
FX Monthly

After a remarkable performance in August, during which the US dollar made significant gains against major currencies, its momentum began to wane as the month drew to a close.

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Canadian Dollar Forecast, August 2023
Canadian Dollar Forecast, August 2023

The US dollar surged from approximately CAD1.31 in mid-July to CAD1.35 last week due to two primary factors. Firstly, the risk-off phase in the external environment unfavorably affected the Canadian dollar, with an increased correlation to the S&P 500.

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