Japanese Yen (JPY) is down 0.4% vs. the US Dollar (USD) and underperforming all of the G10 currencies in an environment of modest USD strength.…
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…
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…
Japanese Yen (JPY) is soft, down marginally against the US Dollar (USD) but outperforming most of the G10 currencies, Scotiabank’s Chief FX Strategist Shaun Osborne…
GBP/USD fell for a second consecutive session as Cable bets pull back. The UK side of the data docket remains light for the remainder of…
On Wednesday, a US federal court blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority…
Overnight, US Dollar (USD) bounced after prelim PMIs surprised to the upside. But gains were retraced in the morning, alongside the pullback in UST yields.…
EUR/USD broke above the 1.1300 handle on Wednesday. Markets soured on the US Dollar after Treasury yields rose and bond demand fell. PMI double-header on…
Moody’s cuts US debt rating, igniting US Dollar selloff and boosting EUR/USD. Euro gains despite light data flow as ECB and Fed speeches guide sentiment.…
The Canadian Dollar extends gains against the US Dollar on Wednesday, with USD/CAD falling below 1.3900. BoC rate cut expectations fade as underlying inflation remains…