ONLINE FOREX TRADING BLOG & FUNDAMENTAL SIGNALS
The following tables provide fundamental trading signals, based on fundamental analysis, for the United States American dollar, and the Canadian dollar.
Data Last Updated: 19th June 2023
Overall, the USD continues to maintain strength over some currencies. Inflation appears to have been arrested and under better management; however, further change to interest rate is likely in the near-term.
The most recent structural concerns within the banking sector is a developent to be monitored closely, over the medium term.
U.S. AMERICAN DOLLAR (USD) | ![]() | FUNDAMENTAL SIGNALS |
USDEUR | BUY | |
USDJPY | BUY | |
USDGBP | BUY | |
USDCHF | BUY | |
USDCAD | BUY | |
USDAUD | BUY | |
USDNZD | BUY | |
USDRUB | SELL |
At the current time, inflation appears to be under better control, and CAD maintains strength over some other common currencies. However, there are signs of attempt to dampen such strength.
CANADIAN DOLLAR (CAD) | ![]() | FUNDAMENTAL SIGNALS |
CADUSD | SELL | |
CADEUR | BUY | |
CADJPY | BUY | |
CADGBP | BUY | |
CADCHF | HOLD | |
CADAUD | BUY | |
CADNZD | BUY |