DXY was seen trading near the 99.50 area, weakening despite solid US Retail Sales. Trump’s probe into mineral tariffs and China’s export curbs weighed on…
Federal Reserve’s Chair Jerome Powell discussed the US economic outlook at the Economic Club of Chicago. Key Quotes Well positioned to wait for greater clarity…
Nvidia and AMD plunge over 6% after the US imposes export license restrictions; losses could exceed $6.3 billion combined. US launches rare minerals investigation, pressures…
Fitch Ratings gave Mexico a confidence vote, affirming that its long-term foreign currency issuer default rating (IDR) is is at ‘BBB-‘ with a Stable Outlook.…
UK inflation drops to 2.6% YoY in March, missing BoE projections and reinforcing 86% odds of May rate cut. Strong US retail sales masked by…
EUR/GBP trades near the 0.8600 zone after climbing higher during Wednesday’s session MACD prints a buy signal, while RSI and oscillators remain neutral Support aligns…
EUR/JPY trades near the 162 zone following a modest advance on Wednesday MACD prints a sell signal, while moving averages reinforce bullish momentum Support aligns…
USD/CAD declines further below 1.3900 as the BoC keeps interest rates at 2.75%, as expected. BoC Macklem warned that Trump’s tariff policies could impact on…
Q1 GDP growth remained solid at 5.4% y/y, providing a cushion to meet the annual growth target. March real activity growth beat market consensus by…
The USD is trading defensively this morning again, while US Treasurys are weaker (and underperforming) and US equity futures are softer. Global stocks are lower…