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Source: Action Forex News Agency
2 weeks ago
Forex Medium Importance
From Tariffs to Bans: Why USD/CAD Barely Blinks at the US-Canada Trade War

From Tariffs to Bans: Why USD/CAD Barely Blinks at the US-Canada Trade War

TL;DR: The US-Canada trade dispute has escalated from tariffs to import bans and procurement exclusions, yet USD/CAD is sitting near 1.38 rather than breaking sharply higher — because the new measures are economically modest and well-telegraphed, while Brent near $100 is giving the Canadian Dollar a far larger, more immediate counterweight.

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Source: Action Forex
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Source: Forexcom News Agency
2 weeks ago
Forex Medium Importance
EUR/USD Could Be Vulnerable to Another Dip with ECB In Focus

EUR/USD Could Be Vulnerable to Another Dip with ECB In Focus

EUR/USD remains vulnerable to another near-term dip ahead of Thursday's ECB meeting, where a 25bp rate hike is already largely priced in. The bigger focus will be on the ECB's inflation projections and guidance, particularly whether rising energy costs are seen as temporary or a reason to keep tightening later this year.

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Source: Forexcom
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Source: Action Forex News Agency
2 weeks ago
Forex Medium Importance
AUDUSD Hits Four-Month High, Overbought Studies Warn That Bulls May Start Losing Traction

AUDUSD Hits Four-Month High, Overbought Studies Warn That Bulls May Start Losing Traction

AUDUSD extends the latest upleg from 0.7121 higher low into fifth consecutive day, underpinned by growing expectations for RBA rate hike at the policy meeting on Sep 29.

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Source: Action Forex
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