USD/CAD could strengthen over several trading sessions as it moves below an uptrend, with momentum, as measured by the relative strength index (RSI), turning negative. This could strengthen USD/CAD to around CA$1.415 from its current rate of CA$1.433.
USD/CAD has been unable to rise back above CA$1.45 despite multiple attempts since mid-February. The pair’s...
EUR/USD has strengthened materially following news of EU plans to increase defence spending. This has resulted in yields across Europe rising sharply and, more importantly, spreads widening against US Treasuries.
At the same time, US rates have fallen materially as growth fears take hold due to the Trump administration’s new tariff plans. When comparing the chart...
