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USD/CAD Price Forecast: US-Canada trade war pressures Canadian Dollar
The Canadian Dollar (CAD) trades lower against the US Dollar (USD) on Thursday, with USD/CAD trading marginally higher to near 1.3886. The Loonie faces selling pressure as the ongoing trade war between the United States (US) and Canada has raised Ottawa's economic concerns.
Forex Today: Markets quiet down ahead of Jackson Hole Symposium
Here is what you need to know on Thursday, August 27:
New Zealand Dollar hangs near weekly low, below 0.5950 as Fed hike bets lift USD
The NZD/USD pair slips back below mid-0.5900s during the early European session on Thursday, back closer the weekly low, touched the previous day.
Australian Dollar: RBA hike repricing supports gains – DBS
DBS Group Research’s Philip Wee notes AUD/USD has risen 2.2% in August after a 1.5% gain in July, leaving the Australian Dollar near year-to-date highs and the best-performing G10 currency in 2026.
EUR/USD Price Forecast: Correcting lower with the near-term bullish trend intact
The Euro (EUR) remains practically flat against the US Dollar (USD) on Thursday, with the weekly chart showing a mild bearish correction, as the rally from late July lows had reached overbought levels.
Equities: Tech earnings lift futures after quiet session – Deutsche Bank
The Deutsche Bank strategists describe a modestly positive shift in equity sentiment following Nvidia’s earnings. After a quiet cash session for the S&P 500 and Nasdaq, Nvidia’s revenue beat and bullish AI outlook pushed its shares up 4.7% after-hours, lifting S&P 500 and Nasdaq futures.
Philippines BSP Interest rate decision in line with expectations (5)
Philippines BSP Interest rate decision in line with expectations (5)
Euro: Lower against US Dollar after PCE surprise – Danske Bank
Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data.
France Producer Prices (MoM) rose from previous -0.6%Â to 1.1% in July
France Producer Prices (MoM) rose from previous -0.6%Â to 1.1% in July
US Dollar: Inflation data supports gains – UOB
UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies.
Switzerland Employment Level (QoQ) rose from previous 5.537MÂ to 5.698M in 2Q
Switzerland Employment Level (QoQ) rose from previous 5.537MÂ to 5.698M in 2Q
Euro trims gains against British Pound despite upbeat German Consumer Confidence data
The Euro (EUR) is trading higher for the third consecutive day against the British Pound (GBP)Â on Thursday, but the pair keeps ticking down from session highs at the European opening time, despite the bright German GfK Consumer Sentiment data released earlier on the day.
Hungary Gross Wages (YoY) down to 7.1% in June from previous 8.7%
Hungary Gross Wages (YoY) down to 7.1% in June from previous 8.7%