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Forex
USD slide extends to a three-year low – Scotiabank
'Transition problems' with US Tariffs continue. The US Dollar (USD) is getting trashed. A hugely volatile week for financial markets is ending with another…
Pound Sterling Price News and Forecast: GBP/USD climbs above 1.3100 on persistent USD weakness
GBP/USD: Impulsive momentum suggests further GBP strength – UOB Group
Impulsive momentum suggests further GBP strength; it remains to be seen if 1.3100 is…
CAD grinds higher versus a weaker USD – Scotiabank
The Canadian Dollar (CAD) is getting pulled along with the broader sell-off in the USD and is notching up another decent weekly gain—its fourth on the trot and…
USD/JPY drops to seven-month lows near 142.00
USD/JPY adds to Thursday drop, challenges the 142.00 region.The US Dollar loses further ground on tariff fears, recession jitters.US Producer Prices came in…
EUR surges to 1.14 before consolidating – Scotiabank
The Euro (EUR) tested the upper 1.08s Monday and traded to a three-year high above 1.14 earlier. It is notable that the EUR surge is happening against a…
GBP advance lags core peers – Scotiabank
Pound Sterling (GBP) is firmer on the day but has struggled to keep up with its core G10 peers over the week, Scotiabank's Chief FX Strategist Shaun Osborne…
Fed’s Musalem : Expect growth this year lower than trend
St. Louis Federal Reserve President Alberto Musalem said on Friday that he expects the economic growth this year to be lower than the trend, per Reuters.Key…
Fed’s Williams: Tariffs will boost inflation to 3.5-4% this year
Federal Reserve (Fed) Bank of New York President John Williams noted on Friday that he overwhelmingly anticipates a general weakening in US economic data as…
GBP/USD rallies past 1.3000 as China escalates trade-war with US
China retaliates with 125% tariffs after the US hikes duties to 145%; Beijing calls the move “a joke.”US consumer sentiment plunges to 50.8, while short and…
EUR/USD Price Analysis: Bulls push toward fresh highs as pair trades above the 1.1300 zone
EUR/USD trades near the 1.1300 zone after a strong upside in Friday's sessionMACD flashes a buy signal while the RSI flashes with overbought territoryKey SMAs…