Forex

GBP/JPY finds fresh highs after “Yenterventions” knocked pair lower. BoE rate call around the corner, UK GDP on Friday. BoE expected to hold rates steady,…

Canada's most important tech firm, Shopify, posted adjusted beat for Q1. GAAP EPS, however, fell to a loss due to higher costs. Q2 guidance shows some…

Another constructive session saw the Greenback gather extra steam and advance to three-day peaks on Wednesday, propped up by the equally firm rebound in US…

Canadian Dollar rebounds after previous day’s downside. Canada is absent from the economic calendar on Wednesday. BoC’s Macklem due Thursday to deliver…

Oil nearly erases all intraday losses after EIA release. WTI Oil hangs around $78 after a dive to $76.76 earlier. The US Dollar Index ticks up with help…

EUR/USD comes down slightly to 1.0740 as the US Dollar rises amid a light US economic calendar. The ECB is expected to opt for cutting interest rates in…

US stock markets seem to have decided on a direction since last week and appear to be moving higher. In today’s report, we would like to address what…

The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish…

The US Dollar outperforms against most major Asian peers on Wednesday.  Traders are gearing up for back-to-back Fed speakers lined up.   The US Dollar…

GBP/USD Forecast: Pound Sterling turns fragile ahead of BoE policy announcements GBP/USD came under heavy bearish pressure and lost nearly 0.5% on Tuesday.…