The Japanese Yen weakened after Japan’s Finance Minister Katsunobu Kato’s comments on Friday. Japan’s strong National CPI print reaffirms BoJ rate hike bets and should limit...
On Thursday, St. Louis Fed President Alberto Musalem warned that rising inflation expectations combined with the risk of stubborn stagflation could create a double challenge for...
The Pound Sterling rises around 1.2610 against the US Dollar while investors wait for more developments in President Trump’s international policies. The FOMC minutes showed on Wednesday that...
The Pound Sterling declines in the aftermath of the hotter-than-expected UK inflation report for January. BoE’s Bailey expects the uptick in inflation won’t be persistent in nature....
NZD/USD surrenders some intraday gains but is still positive despite RBNZ’s dovish monetary policy guidance. The RBNZ sees two more interest rate cuts in the next...
USD/CAD trades cautiously below 1.4200 as investors await FOMC minutes for the January policy meeting. The Fed cuts its key borrowing rates by 100 bps in...
USD/CAD drops as the Canadian Dollar attracts some bids after the release of the Canadian inflation report for January. Canadian CPI accelerated in January but remained...
The Reserve Bank of Australia is expected to cut the OCR by 25 basis points. Australian core inflation eased in the final quarter of 2024 but...
European Central Bank (ECB) Governing Council member and head of the Austrian central bank, Oesterreichische Nationalbank (OeNB) noted on Monday that warning signs that the ECB may undershoot...
USD/CAD holds below 1.4200 as the US Dollar gains ground temporarily. The outlook of the US Dollar is uncertain due to multiple headwinds. Investors await the...
The Canadian Dollar rose around 0.3% on Thursday. General market sentiment has improved, pushing down the Greenback. Canadian data remains light, but a softer USD is...
UK GDP surprises with 0.1% growth, defying recession fears. US PPI inflation exceeds expectations, reinforcing Fed’s cautious stance on rate cuts. GBP/USD holds gains, but technical...
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EUR/USD recaptured a scant 0.2% on Wednesday, but upside remains limited. US inflation metrics rule the roost this week as prices rise faster than expected. US...
The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer period, but then reversed its...
The Bank of Canada released its latest Meeting Minutes on Wednesday. According to the BoC’s internal discussions, impending trade tariffs from the United States (US) have...
The Dow Jones shed over 400 points on Wednesday at its lowest. Fed Chair Powell made his second appearance in two days. Rate markets have pushed...
USD/CAD gains sharply to near 1.4340 after the release of the hotter-than-expected US CPI data for January. The US core CPI surprisingly accelerated to 3.3% year-on-year....
GBP/USD hits a daily low of 1.2374 as US inflation jumps above 3%. The US Dollar strengthens as investors expect Fed’s first rate cut until September...
Bank of Japan (BoJ) Governor Kazuo Ueda told the Japanese parliament on Tuesday that the “BoJ is aiming to achieve 2% inflation, as measured by overall CPI,...