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Forex
USD/CAD: Trades sideways in the mid-1.3700 area – Scotiabank
The Canadian Dollar (CAD) is a relative outperformer in Friday's session, says Shaun Osborne, Chief FX Strategist at Scotiabank
USD/CAD short-term trend…
EUR/JPY tracks lower on French election fears and BoJ ending QE
EUR/JPY falls as investors fear the outcome of snap French legislative elections.
The risk looms large of the far-right winning after their success in the…
GBP/USD Price Analysis: Bearish harami confirmed as Pound slumps below 1.2700
GBP/USD drops to 1.2683, marking a new four-week low of 1.2656 amidst risk aversion.
Technical outlook: Bearish momentum as RSI falls below 50; potential…
Pound Sterling Price News and Forecast: GBP/USD bearish harami confirmed as Pound slumps below 1.2700
GBP/USD Price Analysis: Bearish harami confirmed as Pound slumps below 1.2700
The Pound Sterling dropped sharply below the 1.2700 figure as risk aversion took…
EUR/GBP rebounds from 0.8400, but remains sharply lower
EUR/GBP is climbing on Friday after a dip to the 0.8400 handle.
ECB soothing talking points are helping to recover sentiment, but only slightly.
BoE rate…
Broadcom is having its own Nvidia moment as shares rise 20% on week
Broadcom could be the next company to join the trillion dollar club.
Wednesday’s earnings release showed another beat-and-raise announcement that has become…
BoJ likely to raise policy rate in September – Societe Generale
As expected, the Bank of Japan (BoJ) kept the policy rate unchanged at Friday's meeting. However, it announced that it would start reducing its Japanese…
EUR/USD falls to six-week low near 1.0670 on Fed’s hawkish update
EUR/USD declines below 1.0700 as the Euro weakens amid uncertainty over the French elections.
ECB policymakers see a bumpy inflation path towards the 2%…
US UoM Consumer Confidence Index declines to 65.6 in June vs. 72 expected
Consumer confidence in the US weakened in early June.
UoM survey showed one-year inflation expectation held steady at 3.3%.
Consumer confidence in the US…
Stocks to open lower: Will they close lower?
Friday’s trading session is likely to open lower, with the S&P 500 index expected to dip by 0.6% following Wednesday’s record-breaking rally and Thursday’s…