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All posts by Matias Salord

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EUR/JPY drops to test yesterday’s lows

EUR/JPY is falling on Tuesday for the fourth time in a row after weakening during the last hours amid a decline of the EUR/USD pair. During most of the day EUR/JPY moved sideways after being unable to break above 114.00. After the beginning of the

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CAD: Weakness to persist in Q4 – TDS

Mark McCormick, North American Head of FX Strategy at TDS continues to see weakness in the Canadian dollar during the fourth quarter. Key Quotes: “CAD was the weakest performing major currency in Q3, dropping nearly 2%. For much of September, it has spent most of

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NZD/USD rises to 0.7325

NZD/USD is rising on Monday amid a broad-based greenback weakness. The pair hit a fresh daily high at 0.7325 and then pulled back modestly. It was trading at 0.7310, 50 pips above Friday’s closing price. Price action in the currency market remains limited on Monday