USDJPY on the Verge of Hitting 155.00 Milestone

USDCAD trims September’s uptick to trade near key trendline Technical signals are mixed; a break below 1.3480 could shift the bias to the downside US & Canadian employment figures due at 12:30 GMT USDCAD started Friday’s NFP session with soft negative momentum after a stagnant day, which prevented the pair from examining its weekly high […]

Steep fall extends into the ninth consecutive day and accelerated on Thursday (down 0.85% in Asian / European session), hitting the lowest levels since early May and being on track for the biggest weekly loss since mid-June 2023. Break of 0.6580 pivot (200DMA/ 50% retracement of 0.6362/0.6798) accelerated existing downtrend through next key supports at […]

In focus today This morning we published our Nordic Outlook with updated economic forecasts. We expect the euro area and the Nordic countries to gradually move out of their current stagnation or mild recession (in Denmark’s case, stagnation outside pharmaceuticals). The US economy is stronger than expected, while China continues to muddle through. Interest rates […]