USDCAD is staring at 1.25 with a lot of momentum pointing to a move lower. The next level to target would be 1.20 and should that go we could see a fairly sharp move toward 1.00. This would be pretty […]
1/5/2021 FX Market Commentary
USD Under pressure After shaking off some pressure to start the year, the USD staged a brief rally yesterday, but that has all been erased and we are seeing multi year lows across the board. Oil has managed to rally […]
2021 FX Outlook
After an exceptionally difficult 2020, which saw normal market activity blown apart, we would expect some return to normalcy, but it may not be noticeable. Government intervention in markets will continue to dominate the landscape. Rampant fiscal spending, coupled with […]