Forex

Canadian Dollar gave a mixed performance, easing against the Greenback. Canada reported a potential contraction in wholesale trade in May. Fedspeak to…

The US Dollar trades firmly in the green against nearly all major peers.  A light data calendar is ahead as markets digest hawkish Fed comments.  The US…

The Japanese Yen trades above 160.50 against the US Dollar. Traders are testing the Japanese government, which might not take action until Friday.  The US…

Gold weakens after several Federal Reserve officials voice their reluctance to cut interest rates yet.  The market continues to see a high probability of a…

The Pound Sterling declines against the US Dollar as investors shift focus to the US core PCE inflation data for May. UK’s high wage inflation refrains BoE…

The main focus for the Euro (EUR) is on French elections in the short term. The concern is still on potential fiscal direction far-right parties may be taking…

Pound Sterling drops from 1.2700 against USD ahead of US core PCE inflation The Pound Sterling (GBP) weakens against the US Dollar (USD) in Wednesday’s London…

The US Dollar (USD) is holding on to Tuesday gains triggered in part by hawkish comments from Federal Reserve (Fed) Governor Michelle Bowman, BBH Global…

The US Dollar (USD) is likely to edge higher. Any advance is unlikely to reach the major resistance at 7.3000 and 7.3100, UOB Group analysts note. Below…

The Euro (EUR) could dip below the 1.0689 low. The major support at 1.0670 is unlikely to come under threat. EUR has likely entered a consolidation phase. For…