EUR/USD: Why the rate differential still sets the ceiling on any euro rally
Every euro rally of the past two years has run into the same wall: the spread between what the market…
Category: Forex News
Spot FX headlines across the majors, crosses and emerging-market currencies.
USD/JPY: the carry trade explained properly, and why it unwinds so violently
The yen carry trade earns slowly and loses quickly. Understanding the asymmetry is the difference between riding the trend and…
Forex News
GBP/USD: sterling trades on two curves, and traders usually watch the wrong one
Sterling behaves like a rates currency on quiet days and a risk currency on loud ones. Knowing which regime you are in determines whether the chart…
Forex News
AUD/USD: a commodity currency that trades on someone else’s economy
The Australian dollar responds to Chinese industrial demand and global risk appetite more reliably than to Australian data. That makes it a growth proxy first and…
Forex News
USD/CAD: the oil link that works until it doesn’t
The Canadian dollar tracks crude closely enough to tempt traders into treating it as an oil proxy. The relationship breaks at exactly the moments that cost…