Author Archives: trywalker

USD/CAD: Beware a return of volatility – CIBC

By | July 20, 2018

Andrew Grantham from the Canadian Imperial Bank of Commerce (CIBC) warns that it could be a good time to take out some protection against future volatility in USD/CAD.  Key Quotes:  “Financial markets appear to be a little too calm amid a growing trade storm. That’s true in FX markets as well. While implied volatility has… Read More »

USD/JPY drops 150 pips in two days, is the rally over?

By | July 20, 2018

USD/JPY continued to slide on the back of Trumps’ comments. US dollar retreated sharply from 6-month highs and bottomed below 111.50. The USD/JPY pair was rejected again on Thursday from above 113.00 and dropped sharply. The move to the downside accelerated following Donald Trump comments about interest rate hikes from the Federal Reserve. Late on… Read More »