President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of…
The EU’s tariff reprieve followed what the president called a ‘very nice call’ with Commission President von der Leyen over the weekend, Scotiabank’s Chief FX…
Pound Sterling (GBP) is modestly firmer on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Strong GBP bull trend develops “There were no major…
The Euro (EUR) remains well-supported on dips, with spot trading close to a cent above yesterday’s session low, Scotiabank’s Chief FX Strategist Shaun Osborne notes.…
Japanese Yen (JPY) is entering Thursday’s NA session with a modest gain against the US Dollar (USD), a lone performer in an environment of mild…
Euro (EUR) is entering Thursday’s NA session with a 0.3% decline against the US Dollar (USD) and underperforming most of the G10 currencies with the…
The US Dollar (USD) is consolidating. Global market sentiment remains soft, following yesterday’s hefty US equity market losses. Asian and European stocks are down and…
The Canadian Dollar (CAD) is down marginally, reflecting the minor lift in the US Dollar (USD) generally more than anything else. Spot remains close to…
Pound Sterling (GBP) is down 0.2% against the US Dollar (USD) and a mid-performer among the G10, trading relatively well despite a generally disappointing preliminary…
The US Dollar (USD) is trading weaker on the session. It’s another one of those uncomfortable ‘sell everything’ days for the US. The USD is…