The USD/CAD is trading lower around the 1.3800 area, giving up recent gains amid a broadly weaker US Dollar and improving risk sentiment. US Nonfarm…
The USD/CHF is trading higher near the 0.8960 area as the Dollar regains traction despite mixed macroeconomic signals. US jobless claims rose to 241,000 and…
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in a 25 basis point rate…
The US Dollar Index trades with some gains near 99.30 on investor caution. Trump targets Fed as GDP disappoints and tariffs bite. PCE inflation slows…
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment. US GDP contracted in Q1,…
Pound Sterling (GBP) is soft, down 0.3% against the US Dollar (USD) and underperforming most G10 currencies in quiet, mixed trade, Scotiabank’s Chief FX Strategist…
EUR/USD falls to near 1.1370 as major nations in the Eurozone have indicated that price pressures grew moderately. The pair falls even as the Eurozone…
The official purchasing managers’ indices for the Chinese economy were published this morning, revealing the first signs of the impact of the prohibitive US tariffs.…
Dow is up 0.80% as markets cheer softer data; Treasury yields tumble in response. JOLTS and Consumer Confidence data miss, strengthening the case for Fed…
Euro (EUR) is soft, entering Monday’s session with a marginal decline against the US Dollar (USD) and underperforming most of the G10 currencies in quiet…