USD/CAD trades lower despite a sharp decline in the US Dollar after the US Q4 GDP and Initial Jobless Claims data. The US economy rose at...
AUD/USD trades sideways above 0.6200 ahead of US Q4 GDP data. The Fed guided a cautious stance on interest rates amid fears of stalling disinflation trend....
EUR/USD remains on tenterhooks around 1.0420 as the ECB’s policy meeting looms large. The ECB is expected to cut interest rates by 25 bps and deliver...
The United States Gross Domestic Product is expected to grow at an annualised rate of 2.6% in Q4 2024. The US economy is expected to keep...
USD/CAD attracts some dip-buyers on Thursday, though it lacks bullish conviction. The BoC’s dovish stance and bearish Oil prices continue to undermine the Loonie. Declining US...
The latest economic assessment from the New Zealand (NZ) Treasury showed on Tuesday that they “don’t expect activity to have picked up much in the latest...
The Canadian Dollar fell across the board on Friday. Canada saw a higher-then-expected GDP print from July. US PCE inflation data dominated Friday’s headlines. The Canadian...
USD/CAD remains below 1.3500 after the release of the US PCE inflation and the Canadian GDP data. The US PCE inflation decelerated at a faster-than-expected pace...
USD/CAD attracts some buyers on Friday in the wake of a modest USD strength. Bearish Oil prices undermine the Loonie and further lend support to the...
USD/CAD prints a fresh eight-month high near 1.3850 as the US Dollar bounces back after upbeat US Q2 GDP growth. Subsiding inflationary pressures keep prospects of...
NZD/USD tumbles to near 0.5900 due to multiple headwinds. China’s battered economy and improved RBNZ rate-cut bets have dampened the New Zealand Dollar’s appeal. The next...
EUR/USD bounces back as the US Dollar remains sluggish in the countdown to the US Q2 flash GDP. The Euro’s appeal remains uncertain due to the...
The United States Gross Domestic Product is seen expanding at an annualized rate of 2% in Q2. The current resilience of the US economy bolsters the...
The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P Global/CIPS...
Ever since Wednesday, Nasdaq found no respite with very few S&P 500 sectors providing refuge. Even Russell 2000 – one of my key picks for clients...
China’s economy grew at its slowest pace in more than a year. Analysts at UOB Group revise their GDP growth forecast for China to 4.9% for...
GDP growth fell sharply to 0.7% q/q in Q2 from 1.5% in Q1, putting the annual growth target (5%) at risk. Supply continued to outperform domestic...
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The Pound Sterling performs strongly on faster UK GDP growth and soft US Inflation data. The UK economy expanded at a faster pace of 0.4% in...
China’s official manufacturing PMI remained in contraction for the second consecutive month in Jun while the non-manufacturing PMI slipped to its lowest reading this year. UOB...