Loonie Steady As BoC Cuts As Expected, Fed Now In Spotlight
The forex markets were steady in early U.S. trading, with the BoC’s widely expected 25bps rate cut to 2.50% generati... Read more
Calm Before The Fed: Dollar Soft, Markets Brace For Guidance
Markets traded with a subdued tone today as investors awaited the Fed’s highly anticipated policy decision. The Fed ... Read more
Dollar Struggles Despite Strong US Retail Sales, EUR/USD Eyes Key 1.1829 Resistance
Dollar remained under pressure today even after U.S. retail sales came in stronger than expected. While the data trimm... Read more
Markets Rally As Fed Dovish Shift Seen Certain, TikTok Framework Struck
Risk appetite in the U.S. stayed strong overnight, with both S&P 500 and NASDAQ closing at fresh record highs. Tra... Read more
Dollar Slump Resumes As Traders Bet On Dovish Fed, Euro Shrugs Off France Downgrade
Dollar’s broad-based selloff resumed today, with Sterling and the Euro leading gains. Investors are positioning ahea... Read more
Traders Look Past Weak China Data, Eye Fed And Madrid Talks
Forex markets were subdued in Asian session today, with major pairs showing little movement while regional equities he... Read more
Risk Appetite Anchored By Fed Cut Bets, Aussie Outshines Peers
Markets entered last week with elevated anticipated and left with even sharper convictions. Weak U.S. labor data tilte... Read more
Dollar Recovers Slightly, But Fed Cut Bets Cap Upside
Dollar steadied today, recovering modestly after yesterday’s selling, though the move lacked conviction. With invest... Read more
Risk-On Momentum Builds, Aussie Shines
Risk-on sentiment gripped markets on Friday, driving the Nikkei to fresh record highs in Asia after Wall Street’s ma... Read more
ECB And US CPI Underwhelm, Jobless Claims Take Spotlight
Today’s high-profile events turned out to be something of a letdown for traders. Euro dipped after the ECB held its ... Read more
ECB Hold Expected, U.S. CPI Could Move Everything
Asian markets were mixed in quiet trade today, with investors holding back ahead of two key events: the ECB policy mee... Read more
Dollar Dips Slightly On Softer PPI, Bigger Bets Deferred Until CPI
Dollar dipped briefly in early American session while U.S. futures rebounded after producer price data showed cost pre... Read more
Dollar Selloff Pauses Ahead Of PPI Test
Dollar sellers paused, with the greenback holding just above recent lows as traders took profits ahead of two crucial ... Read more
Yen Rebounds Despite Confusion Over BoJs Next Move
Yen rebounded broadly today, climbing to the top of the performance leaderboard as traders latched onto speculation th... Read more
Greenback On The Brink, France Adds Pressure To Euro
Dollar weakened broadly overnight and selling pressure persisted in Asia on Tuesday, with the greenback on the verge o... Read more