Pound Sterling (GBP) retains a firm tone versus the USD, reaching the 1.30 level for the first time since November before drifting back slightly, Scotiabank’s…
The Japanese Yen drifts lower amid a slight improvement in the global risk sentiment. Hawkish BoJ expectations and rising trade tensions should back the safe-haven…
The Pound Sterling (GBP) continues to track the broader trend in the USD, absent any major fundamental developments at home, Scotiabank’s Chief FX Strategist Shaun…
Gold price rebounds from a one-week low and draws support from a combination of factors. Global trade war fears and geopolitical risks continue to underpin…
Gold price holds steady near a one-week high, and lacks bullish conviction. Trade war fears, Fed rate cut bets, and a bearish USD support the…
Pound Sterling (GBP) is enjoying the ride provided by the generally softer USD and the additional tow from the EUR lifting its European peers, Scotiabank’s…
EUR/JPY depreciates as expectations grow that the BoJ will raise interest rates to tackle persistent inflation. Japan’s trade deficit increased to JPY 2,758.78 billion in…
The Japanese Yen attracts sellers for the second straight day due to a positive risk tone. Bets for more interest rate hikes by the BoJ…