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The USDCAD currency pair may weaken because the possibility of the Fed cutting interest rates in September looks promising, while on the other hand, the BOC seems to be reaching its inflation target close to 2%. Market participants view the BOC as quite capable of controlling inflation. However, both currencies are quite sensitive to crude oil prices. The reason...

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The GBPUSD currency pair has a rather unique fundamental condition, where we cannot simply look at which monetary policy is more dovish or hawkish. However, I will explain a bit more from a different perspective. Inflation data in the UK has already reached its mandate at 2.2%, while the Fed is still far from its 2% inflation target. This could lead to a...

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Inflation in the Eurozone remains at 2.6%, which could potentially make the ECB more cautious about cutting interest rates. Meanwhile, in the UK, inflation has dropped drastically to 2.2% at present, indicating that the Bank of England's mandate target is nearing. It is highly likely that the BoE will cut interest rates further, potentially by more than 25 basis...

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The reason I am selling the EUR/AUD currency pair is because inflation in the Eurozone has eased to 2%, which could prompt the ECB to cut interest rates again. Meanwhile, inflation in Australia has risen slightly while the Reserve Bank of Australia has kept interest rates unchanged, and on the other hand, Australia's trading partner, China, is making efforts to...

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The reason I chose to buy the AUD/USD currency pair is as follows: The RBA has kept interest rates on hold for a longer period due to inflation remaining stable and experiencing only a slight increase, which is favorable for the Australian economy. Meanwhile, the economic outlook for China is potentially improving, as interest rate cuts will continue if China’s...