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...
Euro sheds 1.3% top-to-bottom in broad-market pullback into USD. Upbeat German data couldn’t keep the Euro afloat. US GDP and PCE inflation to be key data...
New Zealand’s Gross Domestic Product (GDP) contracted another -0.1% in the fourth quarter, recovering from the previous quarter’s -0.3% but missing the median market forecast of...
Share: GBP/USD lacks any follow-through buying and oscillates in a range on Wednesday. Delayed BoE rate cut bets underpin the GBP and lend support amid a...
Share: The Japanese Yen continues to draw support from expectations for a hawkish BoJ pivot. Bets for a June Fed rate cut undermine the USD and...
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: The Eurozone economy showed no growth in the fourth quarter, as expected. EUR/USD consolidates weekly gains below 1.0950 on the Eurozone GDP...
Share: EUR/JPY plummets to 161.00 as the ECB keeps lending rates unchanged at 4.5% as expected. The ECB has revised down inflation forecasts and near-term growth...
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: Australia’s Gross Domestic Product (GDP) grew 0.2% in the fourth quarter of 2023 compared with the 0.3% growth in Q3, the Australian Bureau of Statistics (ABS) showed...
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...