On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2066 as compared to Friday’s fix…
The Unemployment Rate in Canada rose to 6.9% in April. USD/CAD trades marginally lower on the day near 1.3900. The Unemployment Rate in Canada edged…
Federal Reserve (Fed) Governor Adriana Kugler told Bloomber TV on Friday that the policy rate is currently moderately restrictive and added that it makes sense…
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.2095 as compared to the previous…
GBP/USD reversed early gains to fall another 0.34% on Thursday. The BoE delivered a broadly expected quarter-point rate cut. Support for the Pound Sterling evaporated…
EUR/USD edges down below 1.1300 as the US Dollar strengthens after the Fed said it is in no rush to cut interest rates. US President…
USD/CHF gains above 0.8250 as the US Dollar capitalizes on the Fed’s guidance that policymakers await more clarity on the US economic outlook. The White…
The Bank of England’s policy meeting today is strongly expected to produce another rate cut, of 0.25%. The British Pound will be in focus today…
The Japanese Yen ticks lower on Thursday, though the downside potential seems limited. Bets that the BoJ will hike rates in 2025 and trade uncertainties…
The Bank of England is expected to lower its policy rate to 4.25%. UK inflation figures remain well above the BoE’s goal. GBP/USD receded from…