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Forex
USD/CAD falls back ahead of US Initial Jobless Claims data
USD/CAD retreats to near 1.3775 ahead of the US Initial Jobless Claims data for the week ending September 12.Individuals claiming jobless benefits for the…
USD/JPY: Likely to trade in a range of 146.30/147.35 – UOB Group
US Dollar (USD) is likely to trade in a range of 146.30/147.35. In the longer run, downward momentum has slowed, but there is a slim chance for USD to revisit…
BoE keeps interest rate steady at 4% as expected
The Bank of England (BoE) left its benchmark interest rate unchanged at 4%, following the conclusion of the September monetary policy meeting on Thursday.The…
BoC cuts 25bps, signals room for more easing – BBH
The Bank of Canada’s more dovish policy stance relative to the Norges Bank supports the downtrend in CAD/NOK, BBH FX analysts report.Labor weakness, softer…
USD/CNH: USD must break and hold below 7.0860 for further downside – UOB Group
Slight uptick in upward momentum is likely to lead US Dollar (USD) trading in a higher range of 7.0930/7.1130. In the longer run, USD must break and hold below…
EUR/GBP ticks up to 0.8680 after BoE’s decision, remains in range
The Euro bounced up from session lows at 0.8665 following the BoE's monetary policy decision.The Bank of England left interest rates on hold at 4% with two MPC…
AUD/USD holds above 0.6600 despite weak jobs report – BBH
AUD/USD is steady above 0.6600 after Australia’s August labor market report showed unexpected job losses and a sharp drop in full-time employment, raising…
GBP/JPY gives up some intraday gains after BoE holds interest rates steady at 4%
GBP/JPY pares some of its early gains after the BoE’s monetary policy announcement.The BoE held interest rates steady at 4% with a 7-2 majority, as…
USD: G10 FX mixed post-Fed as markets eye RBNZ, BoJ risks – Scotiabank
The US Dollar (USD) is mixed and G10 currencies are showing some divergence in the aftermath of Wednesday’s FOMC, Scotiabank's Chief FX Strategists Shaun…
CAD trading flat vs. USD – Scotiabank
The Canadian Dollar (CAD) is trading flat against the US Dollar (USD), having recovered its Asian session losses through the start of early European trade,…