Better than expected GDP data for Q1 provided a bit of a lift for the CAD Friday. The data saw some marginal repricing of swaps…
European Central Bank (ECB) executive board member Fabio Panetta said on Friday that there is a “reduced room to cut rates further, but the macro outlook…
Silver rises over 1%, with bullish momentum building; key resistance at $33.69 eyed for breakout confirmation. Disappointing US labor data sparks renewed interest in silver…
GBP/USD breaks above 1.3500 and trades near 1.3538, the highest level since February 2022. UK Retail Sales jump 1.2% MoM and 5% YoY in April,…
The Australian Dollar hits a fresh weekly high near 0.6480, up over 1.20% on the day. The 0.6500 psychological level and descending trendline continue to…
Overnight, US Dollar (USD) bounced after prelim PMIs surprised to the upside. But gains were retraced in the morning, alongside the pullback in UST yields.…
USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish…
The pair trades around 0.5890, snapping a two-day losing streak on stronger NZ inflation expectations and upbeat PMI. US sentiment dropped sharply, while soft inflation…
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data. Banxico cuts benchmark rate by 50 bps, but Peso holds firm as…
University of Michigan consumer sentiment falls to 50.8, a fresh 2025 low. Inflation expectations rise, with 1-year forecast jumping to 7.3%. DXY edges toward 101.00…