Forex

GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week…

The daily chart reveals the RSI steady in positive zone, showing consistent bullish momentum. On the hourly chart, RSI and MACD persist in positive…

Canadian Dollar propped up by broad-market, risk-on sentiment. Canada has a resilient financial system, says BoC Macklem. Canadian labor numbers slated to…

Mexican Peso strengthens as the USD/MXN drops 0.21%, following April’s hot inflation report Consumer Price Index data shows prices remain above Banxico’s…

S&P 500 withstood the rising yields (I warned yesterday these were to turn up, and they still do), and reacted with relief to the 10y Treasury auction…

USD/CAD drops sharply to 1.3700 due to multiple headwinds. A significant fall in the US Dollar and higher Oil prices weigh on the Lonnie asset. The…

Pound Sterling recovers BoE-induced losses as US Dollar retreats The Pound Sterling (GBP) recovers losses from an intraday low of 1.2450 inspired by the…

Stock prices didn’t do much yesterday as the S&P 500 index closed flat vs. its Tuesday’s closing price. However, the market managed to retrace losses after…

The Mexican Peso edges lower prior to key inflation data and the Banxico May policy meeting.  The Bank of Mexico is expected to keep rates unchanged but…

The Bank of England (BoE) adhered to market expectations by maintaining its policy rate at 5.25% during its Super Thursday event, aligning with the consensus…