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Forex
CAD gives up some gains on weak risk mood – Scotiabank
The Canadian Dollar (CAD) is softer, losing ground against a generally stronger USD, Scotiabank's Chief FX Strategist Shaun Osborne notes. USD’s technical…
Stocks: Continued sell-off on tariffs
Will the S&P 500 find a short-term bottom after opening much lower again?
The S&P 500 plummeted 4.84% on Thursday, crashing below the 5,400 level as…
Kazakh oil production at record level also in March – Commerzbank
Kazakhstan's oil production is said to have risen to a new record level in March, Reuters reported, citing informed sources, Commerzbank's commodity analyst…
EUR/USD consolidates around 1.10 – Scotiabank
Euro (EUR) is soft, down 0.4% vs. the US Dollar (USD) and trading back around the 1.10 level with a modest fade of Thursday’s impressive rally, Scotiabank's…
GBP losses steady around 1.30 – Scotiabank
Pound Sterling (GBP) is weak, down a meaningful 0.8% vs. the USD while still trading relatively well vs. most of the riskier G10 currencies, Scotiabank's Chief…
OPEC+ increases oil production unexpectedly significantly in May – Commerzbank
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day…
Pound Sterling Price News and Forecast: GBP losses steady around 1.30
Pound Sterling weakens despite UK seems in better position after Liberation Day
The Pound Sterling (GBP) underperforms its major peers, except antipodeans, on…
USD/CAD gains further to near 1.4240 after US and Canada employment data
USD/CAD climbs to near 1.4240 after the release of the employment data of both the US and Canada.
The Canadian economy saw significant layoffs,…
WTI tanks almost 8% as Trump tariffs stoke global economic risks
The Oil price continues to bleed as reciprocal tariffs announced by US President Trump have stoked fears of a global economic slowdown.
A potential tariff…
As Trump tariffs wreak havoc on stock market, investors rush for exit
US equity indices plunge more than 3% on Friday.
China responds with 34% tariff on US goods.
Wall Street warns that tariff war will ignite inflation, hurt…