GBP/USD reached a two-month high at 1.2674 as the US Dollar struggled amid weak jobless claims data. US Initial Jobless Claims increased to 219,000 in…
WTI struggles to capitalize on a four-day-old recovery from the YTD trough touched this week. Hopes for a solid US fuel demand and concerns over…
USD/CAD remains steady as the US Dollar faces challenges due to improved market sentiment. US Initial Jobless Claims increased to 219,000 in the previous week,…
The Japanese Yen weakened after Japan’s Finance Minister Katsunobu Kato’s comments on Friday. Japan’s strong National CPI print reaffirms BoJ rate hike bets and should…
The Indian Rupee gathers strength in Friday’s Asian session. Significant US Dollar sales and easing concerns on trade tensions underpin the INR. The preliminary Indian…
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that “from a long-term perspective, rising interest rates will help improve financial institutions’ profits.” Additional…
The Australian Dollar declines as the US Dollar experiences a technical upward correction. Australia’s Judo Bank Manufacturing PMI increased to 50.6 in February, up from…
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway noted on Friday, “Official Cash Rate (OCR) forecasts indicate another 75 basis points (bps) easing.”…
NZD/USD trades with mild gains near 0.5765 in Friday’s early Asian session. US Initial Jobless Claims came in weaker than expected last week. Trump tariff…
Japan’s National Consumer Price Index (CPI) climbed 4.0% YoY in January, compared to the previous reading of 3.6%, according to the latest data released by the Japan…