VersaBank came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.33…
ISM Services PMI for May came in below the market expectation. The USD stays under selling pressure in the American session on Wednesday. The business…
Manufacturing PMIs deteriorated at a faster rate in May versus April amid fading boost from front-loading. Coincident indicators were downbeat, but the US-China tariff truce…
The USD/INR edges higher amid a steady US Dollar and downbeat Indian services PMI signals. India’s May Composite PMI eases; Services PMI revised lower but…
The Euro (EUR) is entering Wednesday’s NA session unchanged against the US Dollar (USD), quietly consolidating in a tight range just below 1.14, Scotiabank’s Chief…
EUR/USD Analysis Summary Today Overall Trend: Upward. Today’s Euro-Dollar Support Levels: 1.1330 – 1.1270 – 1.1190. Today’s Euro-Dollar Resistance Levels: 1.1460 – 1.1500 – 1.1580.…
Pound Sterling (GBP) is also trading in a tight range, entering Wednesday’s NA session with a minor gain vs. the US Dollar (USD), Scotiabank’s Chief…
GBP/USD Forecast: Pound Sterling holds steady as focus shifts to key US data GBP/USD moves up and down in a tight band above 1.3500 in…
Gold stabilises despite disappointing job numbers for the US private sector. ADP data misses expectations, with the May report showing 37,000 jobs added to the…
In a post published on Truth Social on Wednesday, United States President Donald Trump called upon Federal Reserve (Fed) Chairman Jerome Powell to lower the…