USD/CAD drops sharply to near 1.4200 as the US Dollar underperforms its major peers. Slightly higher US Initial Jobless Claims have weighed on the US…
Created on February 20, 2025 As we have often expected, the increase in global geopolitical and trade tensions will support more bulls’ control over the…
The Japanese Yen (JPY) is leading the currency run higher on the US Dollar (USD), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Markets position for…
Created on February 20, 2025 Amidst continued selling pressure, the USD/JPY currency pair is heading towards the 150.10 support level, the lowest for the currency…
Initial Jobless Claims rose above consensus to 219K. Continuing Jobless Claims increased to 1.869M in the week ending February 8. US citizens filing new applications…
Created on February 20, 2025 According to recent trading activity, the GBP/USD exchange rate has stabilized above the 1.26 level, with gains reaching the 1.2637…
AUD/USD advances to near 0.6380 as upbeat Aussie employment data is likely to force traders to pare RBA dovish bets. On Tuesday, the RBA cut…
The general US Dollar (USD) rebound that has developed over the course of this week is showing signs of stumbling, Scotiabank’s Chief FX Strategist Shaun…
Following are the key takeaways from the People’s Bank of China’s (PBOC) annual macro-prudential work conference. Will step up analysis of macroeconomic and financial work.…
Outlook is mixed; New Zealand Dollar (NZD) is likely to trade in a 0.5675/0.5725 range vs US Dollar (USD). In the longer run, upward momentum…