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...
Canadian Dollar bolstered by rising market sentiment. Canada posted a 0.3% uptick in GDP, propping up CAD. US PCE inflation also ticked lower, further bolstering rate...
Canadian Dollar went in both directions on Thursday’s mixed US data. Canada is absent from economic calendar until Friday’s GDP update. US PCE Price Index inflation...
US GDP growth for the first quarter got revised higher to 1.4%. US Dollar Index stays in negative territory below 106.00. The US Bureau of Economic...
EUR/USD flubs the 1.0700 handle as bearish flows keep the Fiber pinned. Broad-market sentiment favored the Greenback on Wednesday as rate cut hopes dry up. Late-week...
GBP/JPY continues to climb to fresh highs as Yen extends backslide. Floundering JPY draws out more direct warnings from Japanese officials. Market flows unlikely to change...
Canadian Dollar gave a mixed performance, easing against the Greenback. Canada reported a potential contraction in wholesale trade in May. Fedspeak to continue dominating headlines until...
GBP/USD traded in a circle on Wednesday, testing 1.2700. Key figures for both the US and UK due later in the week. GDP updates due on...
EUR/USD churns near 1.0720 as market flows buckle down for the wait to key data. Wednesday has a limited data docket on the offer. Investors look...
NZD/USD gains momentum around 0.6145 following the release of New Zealand GDP on Thursday. New Zealand’s economy grew 0.2% QoQ in Q1 versus 0% prior, stronger...
NZD/USD meets with a fresh supply on Wednesday and snaps a two-day winning streak. The USD struggles to lure buyers amid September Fed rate cut bets...
The Pound Sterling edges lower against the USD as the Fed scales back to fewer rate-cut projections. UK’s economic recovery halts as factory and construction activities...
EUR/JPY tumbles to 168.50 as the Eurozone’s political uncertainty weakens the Euro’s appeal. French Macron called for a snap election after exit polls showed significant seats...
GBP/JPY pumps the brakes as the pair churns near 200.00. Thin economic calendar this week allows the Guppy to find balance. Hectic data schedule on the...
EUR/JPY exhibits strength ahead of the ECB’s policy decision. The ECB is expected to announce a dovish decision but will not commit subsequent rate cuts. BoJ...
Japanese Economy Minister Yoshitaka Shindo said on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.” “Real...
Broad-market risk appetite recovers on Friday as US PCE inflation eases. Canada saw a weaker-than-expected rebound in GDP. US PCE inflation cooled further, fueling rate cut...