The CAD is a moderate underperformer on the session, easing slightly alongside its commodity peers amid fragile risk appetite, Scotiabank’s Chief FX Strategist Shaun Osborne…
Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific…
The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the EUR’s best weekly performance since…
The ECB policy decision this morning is less about the expected 25bps cut—it’s fully priced in—than how the policy outlook is communicated, Scotiabank’s Chief FX…
The USD is mixed to weaker overall on the session amid a broader slump in market sentiment. Bonds remain under pressure globally, with European markets…
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…
Pound Sterling (GBP) briefly nudged above 1.29 for the first time since November. Domestic news is very thin on the ground this morning, Scotiabank’s Chief…
After Tariffs Tuesday, we’ve arrived at Walkback Wednesday, it would seem. Commerce Sec. Lutnick provided some relief for markets last night when he suggested that…
So, the 25% tariff regime might have had a very short shelf life after all and we might be looking at low double digit border…
The EUR advance has extended today as Germany’s fiscal reset promises massive spending increases on defence and infrastructure, Scotiabank’s Chief FX Strategist Shaun Osborne notes. …