Here is what you need to know on Wednesday, June 4: The action in financial markets remain relatively subdued early Wednesday as investors stay on…
USD/CAD lacks any firm intraday direction as traders keenly await the BoC policy update. Fed rate cut bets and US fiscal concerns cap the overnight…
AUD/USD slips to Fibonacci support as the US Dollar recovers. The US labour market remains in focus, with Wednesday’s ADP numbers expected to provide insight…
EUR/USD falls to 1.1379 as the US labor market shows strength, boosting DXY after recent weakness. Trump set to speak with Xi; plans to double…
The Australian Dollar maintains its position after the release of mixed economic data on Wednesday. Australia’s Gross Domestic Product expanded 0.2% QoQ in Q1, against…
After bottoming out in fresh multi-week troughs, the US Dollar (USD) managed to regain composure and advance markedly on turnaround Tuesday. The recovery, however, did…
Gold drops to $3,348 after JOLTS report shows tight labor market. US job openings jump in April, boosting the US Dollar and weighing on non-yielding…
USD/JPY edges lower with the US Dollar attempting a recovery ahead of JOLTS labour data at 14:00 GMT. Bank of Japan (BoJ) Governor Ueda reaffirms…
Bank of England (BoE) policymaker Swati Dhingra is testifying on the May Monetary Policy Report (MPR) before the UK Parliament’s Treasury Select Committee (TSC) on…
EUR/JPY holds ground ahead of the Eurozone Harmonized Index of Consumer Prices data release. BoJ Governor Kazuo Ueda expressed willingness to increase rates if economic…