BER Home/s

  1. Home
  2. BER Research
  3. BER Authors
  4. Author: Agility Forex

Agility Forex  Author: Agility Forex

Agility Forex is a Canadian cross-border payment specialist. They are Canadian owned, operated out of Vancouver and are registered with Fintrac, the Canadian government agency that oversees the money transfer industry. They specialize in all things Canadian Dollar and aim to provide the best service and best pricing on all Loonie cross rates. Visit Agility Forex.

You can get in touch with AgilityForex via email here or via the contact page.

Mild Risk Aversion in FX Markets

Categories: AUD, CAD, EUR, GBP, Markets, News, USD
The Barcelona terrorist attack cast a pall over FX markets already confused by the FOMC, ECB and the Trump Circus. The major Asia equity indices are in the red, led by the Nikkei which closed down 1.18% on the heels of the large drop in US indices and the rise in the yen. The US dollar opened in New York with small losses against the majors.  View article >

Dollar Steadies After FOMC Minutes

Categories: CAD, Markets, News, USD
The release of the FOMC minutes, yesterday afternoon, knocked the US dollar for a loop.  The greenback dropped against the majors (compared to the opening level) except for the British pound. FX markets and the media made a big deal about the inflation discussion which seemed to show a divided Committee.  They concluded that another rate hike in 2017 won’t happen and sold US dollars.  View article >

EURUSD Boosted by GDP Data

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
EURUSD traded sideways, but well-above yesterday’s in the 1.1735 area until the European session opened.  Seasonally-adjusted, Eurozone Q2 GDP posted a 2.2% gain, topping the 2.1% that was predicted.  Eurozone nations also recorded better than expected GDP data, suggesting that the recovery is improving and is broad based. EURUSD bounced between 1.1692 and 1.1757 on the news and is currently trading at 1.1708 in New York. View article >

US Dollar Extends Gains

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
The US dollar opened in New York on a firm footing.  The greenback scratched out added gains against the majors, except for the Swiss franc. Sterling was lively albeit in thin markets due to a series of Assumption Day holidays throughout the Eurozone. GBPUSD traded with a negative bias in Asia and bias proved fortuitous during the European session.  New York traders were just settling in when the UK released Retail Sales, PPI and CPI. View article >

Risk Aversion Recedes

Categories: AUD, CAD, EUR, GBP, Markets, News, USD
The US dollar opened with small gains across the board.  Tensions surrounding North Korea and the US have eased, somewhat, and risk aversion trades have been pared. Asia opened with news that Japan Q2 GDP data surpassed expectations, rising 1.0%, q/q vs. forecast for a 0.6% gain.  Donald Trump took a time out from chirping at North Korea.   That led to an unwind of risk aversion trades and USDJPY rallied from 108.95 to 109.79 by the New York open.  View article >

Dollar Firms and Risk Aversion Fades

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
The US traded higher overnight and opened in New York with gains against all the majors except for the Japanese yen.  US Secretary of State Rex Tillerson managed to calm a hysterical anti-Trump media warning of nuclear war. The Reserve Bank of New Zealand (RBNZ) got things going at the Asia open.  They left their policy rate unchanged at 1.75%, as expected.  View article >

“FIRE and Fury”

Categories: AUD, CAD, CHF, EUR, GBP, JPY, Markets, News, NZD, USD
A petulant President in the White House.  A psychotic Supreme Leader in North Korea.  What could go wrong? In a war of words to rival any day-care drama, Trump got his yellow-dyed hackles up after endless rants by the NK nutbar. The US President, displaying all the tact and diplomacy of a spoiled two-year old, threatened North Korean with “fire and fury.” North Korea responded by threatening to launch missiles at the US Pacific Territory of Guam. View article >

Dog Days of Summer Baying at the Moon

Categories: AUD, CAD, CHF, EUR, GBP, JPY, Markets, News, NZD, USD
It’s not the hounds of Bakersfield you hear, it is FX traders howling at the static prices on their screens. If Monday’s trading action was in slow-motion, Tuesday’s was stop-motion. In Asia on Monday, NZDUSD was under pressure after Q3 inflation expectations fell and it remained soft today.  The RBNZ policy meeting is Thursday. AUDUSD rallied on Monday in Asia but dropped in the European and New York sessions.  View article >

“Can’t Get No FX Traction”

Categories: AUD, CAD, EUR, GBP, Markets, News, NZD, USD
Euro, yen, and sterling were just spinning their wheels overnight, unable to get any traction.  That wasn’t quite the case for the antipodean currencies which were pressured by weak data. It started in New Zealand.  The ANZ Commodity Price index dropped to 0.8% in July, well below the 2.1% gain recorded in June.  NZDUSD dropped from 0.7429 to 0.7393.  Prices recovered somewhat in Europe and Kiwi opened today at 0.7408. View article >

EURUSD Grinding Higher

Categories: AUD, CAD, CHF, EUR, GBP, Markets, News, USD
EURUSD and GBPUSD were the only currency pairs to advance against the greenback, overnight. EURUSD found a 1.1790 low in the Asia morning and then climbed steadily to 1.1867 in the European session when Eurozone June PPI inflation dipped to 2.5% from 3.4% in May.  Bullish technicals, the Fed on hold and the belief that the ECB is getting set to taper QE, is behind the strength. View article >
Next Page

BER logo BestExchangeRates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers

Level 2, 50 Bridge St, Sydney NSW 2000.

Disclaimer | Copyright | Privacy Statement

DISCLAIMER is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of BestExchangeRates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service


This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.