Forex

US Dollar DXY trimmed losses after robust Q2 GDP figures US economy appears to remain resilient but dovish bets on the Fed remain steady. In the meantime,…

Mexican Peso losses some 0.20% despite recovering from a six-week low. US GDP data for Q2 2024 surpasses expectations, a headwind for the US Dollar.…

EUR/GBP rose back into familiar highs near 0.8430 on Thursday. Market action is giving the Euro a leg up against the Pound Sterling. Investors are adding…

The US economy grew by 2.8% in the second quarter of 2024, which was stronger than expected. We see this as confirmation of our assessment that the US economy…

EUR/JPY recovers from 164.80 while the near-term outlook remains uncertain. The BoJ is expected to hike interest rates further next week. Euro’s near-term…

USD/CAD prints a fresh eight-month high near 1.3850 as the US Dollar bounces back after upbeat US Q2 GDP growth. Subsiding inflationary pressures keep…

The United States' Gross Domestic Product (GDP) expanded at an annual rate of 2.8% in the second quarter, the US Bureau of Economic Analysis' first estimate…

The unexpectedly significant decline in the Ifo business climate (87.0 after 88.6) is another cold shower for economic optimists. The easing pain from past…

The Pound Sterling declines against the US Dollar to nearly 1.2880 amid dismal market sentiment ahead of advanced US Q2 GDP data. Firm preliminary S&P…

EUR/USD bounces back as the US Dollar remains sluggish in the countdown to the US Q2 flash GDP. The Euro’s appeal remains uncertain due to the Eurozone’s…