Sterling Awaits BoE Guidance Amid Stagflation Concerns; Yen Leads FX Markets
Yen continues to dominate the forex market this week, additionally supported by further decline in US and European benchmark yields […]
United Kingdom
Dollar Struggles Continue Despite Strong ADP, Caution Prevails
Dollar remains on the backfoot in early US session, despite the strong ADP private employment report. The data highlights continued
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
Euro Strengthens on Optimistic PMI Data; Dollar and Yen Under Pressure
Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year
Loonie Weakness Persists in Calmer Markets, AUD/CAD Challenges Key Resistance
Forex markets have settled into quieter trading as the immediate impact of US President Donald Trump’s inauguration and initial executive
Loonie on a Rollercoaster on Tariff Threats, Canadian CPI Watched
Canadian Dollar endured a rough ride, heavily influenced by US President Donald Trump’s tariff rhetoric. The Loonie initially gained some
Greenback Eases Ahead of Trump’s Executive Actions, Bitcoin Takes Leads and Hits New Record
Dollar is trading slightly lower today as markets await Donald Trump’s inauguration as the 47th US President. Attention is focused
Global Markets Look Beyond Trump’s Inauguration as Local Drivers Take the Lead
Global markets are buzzing in anticipation of Donald Trump’s inauguration on January 20, yet the latest developments suggest investors may
Commodity Currencies Slide as Markets Brace for Trump’s Tariff Moves
Sharp selloff in commodity currencies against Dollar is dominating market action as the US session unfolds. While broader trading remains
Cautious Trade Dominates as Dollar Holds Steady, Yen Leads, Gold Jumps
Activity in the forex markets has turned relatively subdued today, with no clear trend emerging as traders shift into a
BoJ’s Repeated Hawkish Signals Fuel Yen Rebound, Sterling Falters on Stagnant Growth Data
Yen’s near term rebound gained momentum again today, supported by BOJ Governor Kazuo Ueda’s persistent messaging about a potential rate
Dollar Weakens on Core Inflation Relief, But Bullish Bias Holds
Dollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering
Sterling Slumps Further as UK Bond Yields Hit Multi-Decade Highs
Sterling’s selloff continues today as UK government bond yields surged to new highs, underlining deep market concerns over the nation’s
Sterling Slides Further as UK Fiscal Concerns Persist, UK-China Trade Efforts Fail to Reassure Markets
Sterling extended its losses at the start of the week as deepening concerns over the UK’s fiscal situation continued to
Dollar Gains Momentum as Fed Cuts Come Into Question
The US markets last week were shaped by two dominant themes: uncertainty surrounding trade policies of the incoming US administration