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...
USD/CAD is under pressure after US PCE Inflation and Canadian GDP report. Apart from soft monthly US core PCE inflation reading, other elements matched estimates. Canada’s...
Canadian Dollar pivots into high side on Thursday amid fresh risk appetite. Canada finds better-than-expected Current Account figures. US GDP growth cooled as expected, sparking fresh...
USD/CHF plummets to near 0.9040 due to multiple headwinds. The US Dollar weakness due to soft US Q1 GDP (second estimates) reading. The Swiss economy expanded...
Canadian Dollar broadly lower as Treasury yields bolster US Dollar bids. Canada absent from the economic calendar on Wednesday, Canadian Current Account, GDP update due later...
USD/CAD edges down to 1.3600 as the US Dollar’s appeal is uncertain. US core PCE Price Index is projected to have grown steadily in April. Canada’s...
Canadian Dollar climbs over Greenback but gives mixed Monday performance. Canada brings little of note to the economic calendar until Friday’s GDP release. Memorial Day holiday...
USD/JPY rebounds sharply to 156.00 amid a firm recovery in the US Dollar. Fed officials one good inflation data as incapable for unwinding the restrictive policy...
USD/JPY pares away recent declines but still down from recent peaks. Japanese GDP contracts more than expected, battering Yen. Fedspeak weighs on risk sentiment, but rate...
USD/JPY trades on a softer note around 154.45 on Thursday. Japanese GDP contracted 0.5% QoQ in Q1 vs. 0.1 in Q4 of 2023, weaker than the expectation of...
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GBP/JPY marches higher as markets eat away at “Yentervention” territory. UK labor figures worsened, but not as badly as expected. Japanese GDP growth due on Thursday....
USD/JPY rises to 156.50 with eyes on crucial US inflation readings. Investors expect that the fed will start lowering interest rates from September. Japan’s Q1 GDP...
Pound Sterling gains on strong UK Q1 GDP report The Pound Sterling (GBP) extends its upside to 1.2540 in Friday’s early New York session as the United...
EUR/GBP loses ground around 0.8595 in Friday’s early European session. The UK economy is officially out of recession after reports showed the GDP grew by 0.6%...