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...
Share: USD/CAD trades sideways around 1.3570 ahead of the US and Canada economic data. The BoC may shift to rate cuts early if the Canadian Q4...
Share: EUR/USD drifted below 1.0800 after EU sentiment missed the mark. US GDP came in mixed, driving EUR/USD back to baseline. US PCE inflation to be...
Today many people expect another revolution, linked to developments in generative artificial intelligence (AI). Like then, the general public today view the technology with a mixture...
Share: India’s Nifty and Sensex look to open in the green on Wednesday after the Tuesday turnaround. Nifty and Sensex cheered the upswing in IT and...
Share: GBP/USD lacked momentum on Tuesday. US data missed the mark, traders await US GDP. US PCE inflation also due this week for Fed watchers. GBP/USD...
Share: EUR/USD consolidates as markets await key US data. US Durable Goods Orders declined more than expected. US GDP on Wednesday, German CPI inflation on Thursday....
Share: USD/CAD started the day soft before a pivot in the US session. Canada absent from the economic calendar on Tuesday. US Durable Goods declined more...
Share: On Friday, the S&P 500 index reached a new record high of 5,111.06 before closing virtually flat. Yesterday, it retreated by 0.38%, slightly extending a...
Share: EUR/USD up a quarter of a percent in thin market open. ECB President Lagarde reiterates inflation stance. Inflation prints due this week, US PCE to...
Share: Pound Sterling faces a sharp sell-off as the UK Q4 GDP contracted by 0.3%. The BoE may consider aggressive rate cuts due to easing inflation,...