Share: USD/CHF rebounds from 0.8900, supported by the resilient US Dollar. Fed policymakers showed no interest in increasing interest rates in September. USD/CHF rally pauses after...
Share: USD/JPY recovers nearly 100 pips from the daily low and refreshes the daily high in the last hour. A combination of factors undermines the JPY...
Share: USD/JPY edges higher to 147.36 following the weaker Japanese growth numbers. Japanese Gross Domestic Product (GDP) Q2 came in at 1.2% QoQ vs.1.5% prior, worse-than-expected...
Share: AUD/USD stages a modest recovery from the YTD trough, albeit lacks follow-through. A slightly better Australian GDP lends support to the pair amid subdued USD...
Share: According to the official data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s Gross Domestic Product (GDP) rose 0.4% in the second...
Share: AUD/USD holds lower grounds at yearly bottom after falling the most in five weeks the previous day. RBA’s dovish halt, firmer US Treasury bond yields...
Share: Global rating agency Moody’s cuts its economic growth forecasts for China, as well as revise up the US Gross Domestic Product (GDP) predictions in its...
Share: The Eurozone economy expanded by 0.3% on a quarterly basis in the three months to June of 2023, matching the 0.1% estimates and growing at the same...
Share: The Canadian economy unexpectedly contracted during the second quarter, as indicated by data released on Friday. Analysts at CIBC point out that the decline in...
Share: Canadian economy contracts 0.2% against expectations of a 1.2% expansion. USD/CAD stays in positive territory above 1.3500 after the data and US NFP. Canada’s real...
Share: USD/MXN drops to the lowest level in a month, pressured around multi-day low of late. Broad-based US Dollar pullback joins cautious optimism in the market...
Share: Mexico’s Q2 GDP growth comes in below expectations at 0.8% QoQ, pushing USD/MXN higher as Banxico holds rates steady at 11.25%. US Job Openings declined...
Share: USD/MXN struggles for clear directions ahead of key data. Mixed prints of Mexican Q2 GDP, Fiscal Balance prod Peso buyers. US Dollar remains depressed as...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: Gold Price remains pressured towards the key SMA Confluence after three-day losing streak from multi-week high. US Dollar recovery jostles with risk-on mood to keep...
Share: EUR/GBP has dropped sharply from 0.8570 despite UK’s weak factory data. Signs are clear that UK firms are facing the burden of higher interest rates...
Share: Commenting on the UK Gross Domestic Product (GDP) data, Chancellor Jeremy Hunt said that “while an extra Bank Holiday had an impact on growth in...
Share: Australian Treasurer Jim Chalmers said on Wednesday, “Expect a sharp slowdown for the Australian economy.” Additional quotes “The global economy in a dangerous road.” “No...
Share: NZD/USD has shown a recovery move to near 0.6200 despite the NZ economy reporting a technical recession. Fed Powell confirmed that rate cuts are not...
Share: USD/NZD retreats to 0.6200 as New Zealand Q1 GDP matches -0.1% QoQ forecasts More to come Information on these pages contains forward-looking statements that involve...