Chart USD/CAD Update: Sharp pullback in USD- and CAD-driven trade

September 2, 2026 3:50 PM UTC

The anticipated test above congestion resistance at 1.3900 has been pushed back sharply from just beneath 1.3950 in both USD- and CAD-driven trade

Bank of Canada - Now expecting a December tightening

September 2, 2026 3:50 PM UTC

The Bank of Canada left rates unchanged at 2.25% as expected and noted risks on both sides, though the press conference made it clear that inflationary risks led by the Middle East are outweighing those on growth generated by recent US tariffs. We now expect the Bank of Canada to raise rates by 25bp

Chart GBP/USD Update: Reached the 1.3525 Fibonacci retracement - studies under pressure

September 1, 2026 7:27 AM UTC

Anticipated losses have reached support at the 1.3525 Fibonacci retracement

Barbarous Relic or Strategic Hedge - Gold in a late-cycle portfolio

September 1, 2026 7:00 AM UTC

* Gold worked off early year retail excess, moving into a more constructive technical and seasonal period
* The strategic case for gold is much wider: rich risk asset valuations can neither be sat out nor left unhedged
* History (no guarantee of future performance…) supports increased gold hedges in

Chart GBP/USD Update: Consolidating, room for deeper pullback

September 1, 2026 2:07 AM UTC

Steadied at the 1.3425 low as prices consolidate losses from the 1.3675, August high

North American Summary and Highlights 31 August

August 31, 2026 7:51 PM UTC

Overview - The USD saw a modest correction from its sharp Friday spike, led by EUR/USD. 

Preview: Due September 11 - U.S. August CPI - Firmer on energy and lodging away from home

August 31, 2026 1:55 PM UTC

We expect a slightly stronger US CPI in August, up by 0.4% overall, lifted by energy, and 0.3% ex food and energy, lifted by a correction higher in lodging away from home. Before rounding we expect overall CPI to rise by 0.37% and ex food and energy CPI to rise by 0.26%. Despite a firmer monthly cor

Chart GBP/USD Update: Room for deeper pullback

August 31, 2026 2:13 AM UTC

Break of support at the 1.3550 congestion see prices extending losses from the 1.3675 high to correct recent strong gains from the 1.3275, late-July low

Chart GBP/USD Update: Consolidating, but room for deeper pullback from 1.3675 high

August 28, 2026 1:47 AM UTC

Higher in range from the 1.3570 Thurday's low as prices consolidate pullback from the 1.3675 high of last week

ECB Account: Hard Not to Read Between the Lines on Sep

August 27, 2026 1:01 PM UTC

* Some members would not have opposed raising rates at the last meeting
* While decisions remained data-dependent, another rate hike would likely be necessary unless the inflation outlook improved significantly
* Market participants appeared to have a good understanding of the ECB’s reaction functio