Sterling retreats slightly amid quiet session as traders eye upcoming UK GDP figures. DXY softens to 100.77 after early week rally on US-China tariff truce;…
US stock markets staged an impressive recovery on Wednesday, after initially falling sharply on the back of a weaker than expected Q1 GDP report. The…
Mexican Peso depreciates as USD/MXN rises to 19.60 as safe-haven demand lifts Greenback. Mexico dodges technical recession, but outlook remains fragile, warns Pantheon Macroeconomics. US…
Microsoft stock sinks on a lower Q1 GDP reading on Wednesday. Preliminary US GDP for Q1 shows a QoQ slide of 0.3% annualized. Microsoft is…
USD/CAD remains steady around 1.3830 after the release of the US/Canada GDP data. The US economy contracted by 0.3% in the first quarter of the…
Pound Sterling corrects sharply against USD ahead of US GDP, inflation, and labor data The Pound Sterling (GBP) extends correction to near 1.3355 against the…
The Eurozone economy expanded by 0.4% in the three months to March of 2025 after growing by 0.2% in the fourth quarter of 2024, the preliminary estimate…
German GDP rose 0.2% QoQ in Q1 vs. 0.2% forecast. Annual German GDP declined 0.2% in Q1 vs. -0.2% anticipated. EUR/USD stays defensive below 1.1400…
The Pound Sterling retraces against the US Dollar to near 1.3400 ahead of a slew of US economic data, notably the Q1 GDP release. The…
EUR/GBP gains traction to around 0.8500 in Wednesday’s early European session. Retail Sales in Germany rose 2.2% YoY in March. Traders expected the BoE to…