German IFO Business Climate Index rose unexpectedly in April. EUR/USD extends recovery toward 1.1400 in the European session. Business sentiment in Germany improved slightly in…
Created on April 20, 2025 WTI Crude Oil went into the weekend near the 63.500 mark before the long holiday weekend began. The price from…
OPEC revised its forecast for global oil demand slightly downwards in its monthly report published yesterday due to the expected impact of US tariffs. It…
Pound Sterling recovers against US Dollar on US recession fears The Pound Sterling (GBP) bounces back to near 1.2800 against the US Dollar (USD) in…
Pound Sterling (GBP) is soft, down a modest 0.2% vs. the US Dollar (USD) and a mid-performer among the G10 currencies, Scotiabank’s Chief FX Strategist…
EUR/USD was seen around the 1.0900 area on Monday, retreating after testing higher ground earlier in the session. The broader trend remains constructive, with key…
Pound Sterling slumps as Trump tariffs send shockwaves to global economy The Pound Sterling (GBP) gives up its intraday recovery move and tumbles to near 1.2800…
The Canadian Dollar (CAD) is little changed—and a relative, if minor, underperformer versus many of its peers, Scotiabank’s Chief FX Strategist Shaun Osborne notes. …
Euro (EUR) is underperforming with a modest 0.2% decline vs. the US Dollar (USD), while still trading within a relatively tight range around 1.08, Scotiabank’s…
The US JOLTS data will be watched closely ahead of the release of the March employment report on Friday. Job openings are forecast to decline…