Ford’s stock finally rebounded after months of decline. Earlier, we predicted a failed rally that would push prices lower. Instead, the stock kept falling. Now,…
USD/JPY attracts bids near 144.00, however, the outlook is still uncertain. Moody’s downgraded the US Sovereign Credit rating to Aa1, citing mounting debt concerns. Japan’s…
USD/JPY gains temporary ground near 145.00 as the US Dollar recoups initial gains. The Japanese economy contracted by 0.2% in the first quarter of the…
Silver price gains temporary ground below $32.00 ahead of Fed Powell’s speech. Signs of improving US-China trade relations have dampened the appeal of safe-haven assets.…
After US President Trump backtracked significantly on both tariffs against China and the dismissal of Fed Chair Powell, the price of Gold temporarily fell back…
USD/CAD struggles to gain ground even though the US Dollar steadies on US President Trump’s tariff agenda. The BoC cut its key borrowing rates by…
USD/CAD looks for an interim support near 1.4400 after the release of the US inflation data for February and the BoC’s monetary policy decision. Cooling…
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…
EUR/JPY discovers temporary support near 159.20 after the ECB’s dovish interest rate decision. The ECB reduced its Deposit Facility rate by 25 bps to 2.5%,…
Pound Sterling weakens as BoE expects an uptick in inflation to be temporary The Pound Sterling weakens against its major peers even though the United…