Government borrowing data revealed a larger than forecast GBP10.7bn net public sector borrowing in February, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Gilts weaker on…
USD/CAD finds support as the US Dollar strengthens on safe-haven demand amid escalating global trade tensions. Fed Chair Jerome Powell admitted the challenges in assessing…
USD/CAD gains ground to around 1.4320 in Wednesday’s late American session. The Fed kept its benchmark federal funds rate in a range of 4.25%-4.5% at…
NZD/USD loses ground as Westpac Consumer Survey indicates weakening consumer confidence in New Zealand. Westpac New Zealand reported a decline in its confidence index, falling…
WTI price drifts higher to near $67.30 in Tuesday’s early Asian session. Geopolitical risks and China’s plans to boost consumption support the WTI price. Concerns…
The Japanese Yen snaps a two-day losing streak against the USD and recovers further from the weekly low. Concerns about Trump’s trade tariffs and hawkish…
WTI price drifts higher to $67.40 in Thursday’s early Asian session. Crude oil stockpiles in the US rose by 1.448 million barrels last week, according to…
The NZD/USD pair may face challenges as escalating global trade tensions weaken investor risk appetite. China’s retaliatory tariffs of up to 15% on select U.S.…
The Canadian Dollar (CAD) is marginally weaker. Canada got a further, temporary concession from the US border tariff regime yesterday, with the White House announcing…
The US Dollar edges lower on Monday after market sentiment improved as European leaders will to guarantee a peace deal in Ukraine. Traders will focus…