GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week to...
GBP/JPY finds fresh highs after “Yenterventions” knocked pair lower. BoE rate call around the corner, UK GDP on Friday. BoE expected to hold rates steady, Gov...
GBP/JPY floundered after a late start to the week’s UK markets. UK Retail Sales disappoint, crimping bullish GBP momentum. BoE, UK GDP still on the cards...
The International Monetary Fund (IMF) said in its latest report published on Tuesday that China’s economic growth is expected to slow in 2023 and the next...
Canadian Dollar eases against broader market. Canada absent from economic calendar on Monday. Canadian GDP slated for Tuesday ahead of key US labor figures. The Canadian...
USD/CAD trades above 1.3640 as the US Dollar rebounds ahead of the Fed’s policy decision. The Fed is expected to emphasize keeping interest rates restrictive for...
Wednesday’s trading session wasn’t a game changer as stock prices fluctuated following their Monday’s-Tuesday’s rebound. The S&P 500 index gained 0.02% after bouncing from the intraday...
Dow Jones backslides over 500 points as investors balk at inflation complications. US GDP eased quicker than expected, jostling risk appetite. Equity recovery is under way,...
Canadian Dollar trapped near familiar levels, gives mixed performance. Canada absent from the economic calendar until next week’s GDP. US GDP comes in soft, but PCE...
AUD/USD falls back down below 0.6500 after US Q1 GDP data reveals persistent price pressures. The pair reverses the strong rally that has characterized price action...
In the initial estimate released on Thursday by the US Bureau of Economic Analysis (BEA), it was revealed that the actual Gross Domestic Product (GDP) of...
NZD/USD rises to 0.5960 as US Dollar exhibits a weak footing ahead of US Q1 GDP data. The consensus shows that the US economy expanded by...
The Japanese Yen continues losing ground amid the divergent BoJ-Fed policy expectations. The recent intervention warnings by Japanese authorities do little to provide any respite. Traders...
USD/CAD drops further to 1.3720 as the Canadian Dollar holds strength despite weak Oil prices. This week, the US Core PCE Price Index and Q1 GDP...
China’s economy expanded 5.3% over the year in the first quarter of 2024, as against a 5.2%% growth in the final quarter of 2023, the official...
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...
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...
GBP/USD plunges below 1.2500 as faded Fed rate cut hopes strengthen the US Dollar. The market sentiment is risk-off as the Fed is expected to delay...
Analysts at TD Securities assess the latest Gross Domestic Product (GDP) data from the UK. Quarterly GDP on track to surprise the MPC to the upside...
S&P 500 rose late session in expectation of bolstered rate cutting bets via cooler GDP (and unemployment claims), but that didn‘t happen – the bulls have...