Yen Softens on Weak Japan PMIs Disappoints, Markets Tread Water Elsewhere
Yen weakened broadly in a relatively quiet Asian session, dragged down by disappointing PMI data. The worrying sign is that […]
Canada
Loonie Softens on Retail Sales Miss, But BoC Inflation Focus Limits Losses
Canadian Dollar weakened modestly in early US session following disappointing retail sales data. January’s figures showed a larger-than-contraction, and more
Dollar Recovery Remains Fragile While Bitcoin Struggles for Traction
Dollar continues to grapple with reversing its recent bearish trend, but momentum behind the rebound remains tentative at best. The
‘Part’ of the CPI release was expected
Bank of Canada (BoC) Governor Tiff Macklem is squeezing his money’s worth out of his appearance at the Calgary Economic
Canadian Dollar Gains on Inflation Surprise, But Growth Risks Keep Traders Cautious
Canadian Dollar edged higher in early US session after much stronger-than-expected inflation data. However, Loonie quickly lost momentum, as investors
Asian Markets Stay Firm, German Vote and Canadian Inflation in Focus
Risk appetite in Asian markets has been solid this week, support by optimism surrounding China’s latest measures to boost domestic
Dollar Stays Soft as Forex Markets Quiet, US CPI Highlights the Week
Forex markets are trading quietly in the Asian session, remaining within Friday’s range and showing little impetus to move decisively
Muted Market Response to NFP, Euro Holds Strong While Loonie Struggles
The much-anticipated U.S. non-farm payrolls report came and went without much impact to the markets. With job growth largely in
Sentiment Lifted by In-Line PCE Data, But Tariffs Could Limit Optimism
Risk sentiment received a boost in early US trading as January’s PCE inflation data came in line with expectations, lifting
Euro Briefly Dips on Soft PMI, CAD Shrugs Off Robust Retail Sales
Trading is rather subdued in the forex markets today, with most major pairs and crosses stuck within yesterday’s range. Loonie
Muted Forex Action as Traders Overlook Data, Await RBNZ Cut
Forex markets remained subdued today, with muted reactions to key economic data. Dollar held broadly higher as traders focused on
Cautious Trading Prevails as Markets Await Retaliations to US Tariffs
Trading is relatively subdued today across global markets as investors assess the fallout from the US steel and aluminum tariffs
Dollar Gains Modestly on NFP, But Lacks Momentum
Dollar edged higher in early US session following the non-farm payrolls (NFP) report, but the overall momentum remains lackluster. Stock
Yen Rises Further as IMF Backs Gradual BoJ Tightening; Dollar Awaits NFP Impact
The forex market was relatively subdued during Asian session, with one clear exception: Japanese Yen continues to outperform. Fresh data
Markets Stabilize, But Trade Risks Persist as US Imposes China Tariffs, Beijing Strikes Back
Global markets found some stability after the US agreed to a 30-day delay on tariffs against Mexico and Canada following
US-Canada Talks Offer Hope, But Risk Aversion Keeps Yen in Demand
After a burst of volatility earlier in the session, currency markets are taking a breather as traders reassess the evolving
Trade War 2.0 Shakes Global Markets as Dollar Rallies
Global markets kicked off February under heavy strain as US President Donald Trump’s long-anticipated tariffs on Canada, Mexico, and China