The Canadian Dollar (CAD) is the main underperformer against the softer USD in overnight trade and is holding a very minor (less than 0.1%) loss…
USD/CHF slumps to near 0.8330 as the US Dollar declines on a US downgrade. US Hassett assures closing more trade deals this week. The SNB…
USD/CAD trades slightly higher despite the US Dollar weakens amid soft US PPI data for April. The US PPI surprisingly deflated on month, likely encourage…
USD/CAD traded briefly on a 1.37 handle earlier for the first time since October, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Trend signals remain bearishly…
Euro (EUR) is quietly consolidating in a tight range in the 1.09s, eking out a marginal gain against the US Dollar (USD) while underperforming all…
The Pound Sterling rebounds slightly against the US Dollar as traders have raised Fed dovish bets for the June meeting. The US-China trade war could…
USD/CAD gains to near 1.4260 due to underperformance by the Canadian Dollar. Weak Canadian labor market data has prompted BoC dovish bets. Trump’s tariffs have…
Solid gains for the US Dollar (USD) yesterday reflected renewed tariff concerns, weaker stocks and underperforming alternative havens, such as gold, Scotiabank’s Chief FX Strategist…
The Pound Sterling weakens against the US Dollar as the market sentiment is risk-averse. US President Trump proposes an additional 10% tariffs on China. Investors…
USD/CAD drops sharply to near 1.4200 as the US Dollar underperforms its major peers. Slightly higher US Initial Jobless Claims have weighed on the US…