The BoE vote that revealed the two voters for a hike previously abandoning that stance has fuelled renewed GBP selling. Economists at MUFG Bank analyze Pound’s...
USD/CAD climbs to 1.3570 amid firm US Dollar. The appeal for the US Dollar strengthens on upbeat US economic outlook. The Canadian Dollar weakens as BoC...
The Pound Sterling tumbles on increasing expectations that the BoE will opt for interest-rate cuts later this year. BoE Mann’s support for keeping interest rates unchanged...
The Fed is aiming for three rate cuts, in the view of economists at Rabobank. The Fed will halt its cutting cycle during the course of...
EUR/USD struggles to sustain above 1.0840 as investors turn risk-averse. SNB’s surprise rate cut move has prompted the ECB’s rate cut expectations. The major currency pair...
The Japanese Yen edges higher following the release of Japanese consumer inflation data. The uncertainty over the BoJ’s future policy steps keeps a lid on any...
The US Federal Reserve is moving closer to cutting interest rates. A first move at the meeting in June is still likely if the next inflation...
Economists at Commerzbank review Wednesday’s FOMC meeting and its implications for the US Dollar (USD). The story may be the same, but the tone has changed...
The Pound Sterling rallies to 1.2800 ahead of BoE’s policy decision. February’s soft UK inflation report could allow the BoE to deliver a slightly dovish guidance....
The Pound Sterling (GBP) has not moved much in response to the February UK CPI data released by the Office for National Statistics (ONS). Economists at...
The Pound Sterling is expected to remain under pressure on lower-than-anticipated UK CPI data for February. Soft UK inflation reinforces market expectations for the BoE to...
EUR/GBP gains some positive traction on Wednesday, albeit lacks follow-through. The immediate market reaction to the softer UK inflation figures fade rather quickly. Traders keenly await...
The Office for National Statistics will publish the UK CPI data for February on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall;...
Gold price dips to $2,150 as investors turn cautious ahead of Fed’s interest rate decision. The US Dollar advances on hopes that the Fed could delay...
Statistics Canada will release February Consumer Price Index (CPI) data on Tuesday, March 19 at 12:30 and as we get closer to the release time, here...
The Canadian Consumer Price Index is expected to have risen by 3.1% YoY in February. The BoC shows no rush to lower its interest rate. The...
Gold price rises as the US Dollar turns subdued due to upbeat China data, which improves risk appetite. US yields remain firm due to diminished Fed rate cut expectations...
USD/CAD exhibits strength above 1.3500 ahead of an eventful week. The Fed is widely anticipated to hold interest rates unchanged in the range of 5.25%-5.50%. The...
The recent rise in the Gold price cannot be adequately explained in fundamental terms, which is why a price correction is likely in the short term,...
USD/CAD clings to gains above 1.3500 as Fed rate cut hopes for June wane. Investors shift focus to the Fed’s interest rate decision in which the...