The Japanese Yen retreated slightly from a multi-month high touched against the USD on Monday. Trade war concerns, global recession fears, and BoJ rate hike…
GBP/USD kicks off the new week on a positive note amid sustained USD selling bias. The weakening confidence in the US economy continues to weigh…
EUR/USD attracts fresh buyers and snaps a two-day losing streak amid a broadly weaker USD. The technical setup favors bullish traders and supports prospects for…
UK PMI data for March were mixed. Manufacturing output weakened to 44.6 (from 46.9 and against forecasts for a rise to 47.2), Scotiabank’s Chief FX…
The Canadian Dollar (CAD) rebound petered out below 1.43 yesterday. A slightly firmer USD ahead of the Fed has added to the lift in funds…
GBP/USD flatlines near channel’s upper band GBPUSD has been treading water around the 1.2923 level, struggling to gain further traction after its March bull run…
The EUR is flat on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Narrower spreads are supportive “Narrower spreads are providing some backing for…
Created on February 19, 2025 The bulls’ attempts to push the EUR/USD currency pair above the 1.0515 resistance level were unsuccessful, as the Euro did…