Forex and the Economy

USD/CAD – Canadian Dollar Subdued Ahead of Fed Minutes

The Canadian dollar has recorded slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2669, up 0.16% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is the Federal Reserve minutes from the January meeting. We’ll also ...

EUR/USD – Euro Ticks Lower as German Manufacturing PMI Softens

The euro has posted small losses in the Wednesday session. Currently, the pair is trading at 1.2317, down 0.16% on the day. On the release front, German and Eurozone Manufacturing PMIs slowed in January. The German PMI dipped to 60.3, shy of the estimate of 60.6 points. It was a similar story with t ...

Can cryptocurrencies and blockchain help fight corruption?

© Pixbaby/Creative Commons [[tweetable]]Blockchain and cryptocurrencies similar to Bitcoin could transform the way we make payments and do business. They also hold great promise as a method of fighting corruption.[[/tweetable]] Technological advances have made it possible to dramatically incre ...

Yield-o-Mania

Yield-o-Mania Global yields ratcheted higher after a stronger than expected jump on Germany’s PPI which bolsters the hotter than expected comprehensive inflation narrative. But it was the jump in US 2-year note yields that provided the extra boost to the US dollar as shorter-dated tenors provides ...

Dollar Rebounds Awaiting Fed Minutes

Rising inflation could urge central bank to tighten faster The USD rebounded against on Tuesday with North American markets coming out of a long weekend. The correlation between rising US bond yields and currency strength had broken down this year, but it now back on track with the 10 year Treasury ...

Latam Currencies Lower on Tuesday

Latin American currencies weakened on Tuesday as the U.S. dollar strengthened worldwide after hitting a three-year low last week. Currencies from Brazil , Mexico and Colombia weakened between 0.3 percent and 0.9 percent. The Chilean peso was barely changed as profit-taking partially offset the globa ...

Gold Drops After USD Regains Momentum

Gold prices were clobbered on Tuesday, with the commodity booking its sharpest daily decline in more than a year, against a backdrop of a strengthening dollar and stabilizing equities. April gold GCJ8, -1.78% fell $25.10, or 1.9%, to $1,331.20 an ounce, marking the sharpest drop for actively traded ...

Silver's Key Resistance - Craig Hemke (20/02/2018)

February 20, 2018 With the recognized top in the US dollar, it appears clear that renewed bull markets have begun across the commodity sector. Copper, crude oil and even gold are showing rallies and breakouts that promise much higher prices in the months ahead. But what's the matter with silver? F ...

GBP/USD – Pound Hovers at 1.40, British Job Reports Next

The British pound is trading quietly for a second straight day. In Tuesday’s North American trade, GBP/USD is trading at 1.3990, down 0.07% on the day. On the release front, there are no US events on the schedule. In the UK, CBI Industrial Order Expectations continues to lose ground, and slowed to ...

Ensuring a water and food secure future through farmer-led irrigation

How can we think in new ways about expanding farmer-led irrigation in support of global food security and poverty reduction? This was the question at the heart of the 2017 Water for Food International Forum. The theme, “Water for Food Security: From Local Lessons to Global Impacts,” was based o ...