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Market Updates

EncoreFX's daily market updates are written by our experienced and professional currency market team.   

Jun 26

Gold prices fell more than 1% this morning as the market anticipates comments from Federal Reserve officials throughout the week; market participants...

Jun 23

CAD weakens, USD surges on disappointing Canadian inflation data Markets will absorb remarks from several Federal Reserve policymakers today as they...

Jun 22

Oil prices recovered slightly this morning, but held near their 10-month low amid lingering concerns over strong shale output growth in the US...

Jun 21

Oil prices fell nearly 2% yesterday as fears of the steady increase in US production has added to concerns over a glut in the market USD is holding...

Jun 20

“Fed speak” will be the primary driver of dollar flows this week due to the lack of market-moving US data New York Fed’s Dudley made hawkish remarks...

Jun 19

Britain's Brexit minister, David Davis, and the European Union's chief negotiator, Michel Barnier, are due to start negotiations over Britain's...

Jun 16

USD slipped lower against other major currencies today, pulling back from a recent two-week high on new US data EUR/USD is up this morning, coming...

Jun 15

The US Federal Reserve raised interest rates yesterday for the second time this year, to a range of 1.0%-1.25% The hawkish Fed combined with WTI...

Jun 14

The Canadian dollar is up this morning as USD falls against other major currencies following the release of downbeat US economic reports With the US...

Jun 13

The Canadian dollar surged to fresh two-month highs against USD today on the back of hawkish remarks by the Governor of the Bank of Canada, Stephen...

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