GBP/USD crashes as UK GDP disappoints, trade war escalation boost USD The GBP/USD tumbles over 0.59% on worse than expected Gross Domestic Product (GDP) figures in the…
EUR/USD hits its highest level since September 2021 and extends its rally for a sixth straight session. ECB’s De Guindos flags data-driven approach, warns of…
Gold trades in a muted range as markets digest disappointing US housing data and a hawkish Powell. Fed Powell testifies before the Senate Banking Committee,…
US PPI and CPI undershoot, reinforcing disinflation narrative and hammering the Greenback. Trump’s unilateral tariff threat deepens US Dollar rout and stokes fresh demand for…
GBP/JPY falls after weak UK employment figures pressure the Pound Sterling. The Pound suffers from expectations that the Bank of England (BoE) may be forced…
USD/CAD trades below 1.3700 after the Bank of Canada leaves rates unchanged at 2.75%. The Canadian Dollar is supported by the BoC’s cautious stance and…
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 Canadian Dollar rises for a third straight session, supported by higher oil prices and a weaker US Dollar. Canada’s manufacturing PMI improves slightly to…
XAU/USD jumps 0.94% after weak labor report despite court ruling against Trump tariffs. Initial Jobless Claims rise above estimates, increasing pressure on Fed to consider…
EUR/USD remained stuck to the 1.1300 region on Wednesday. The Fed’s rate hold was broadly expected, but an overly-cautious Powell caught markets by surprise. Investors…