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Forex
US Treasury Secretary Bessent: We aren’t focused on whether the Fed will cut
US Treasury Secretary Scott Bessent hit newswires on Thursday, touching on a variety of topics that suggest the President Donald Trump's administration will…
Fed’s Goolsbee: Uncertainty means Fed will hit a slower pace of cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Thursday that while the Fed is on pace to achieve its inflation and employment…
Dow Jones Industrial Average backslides on weak tech sector
The Dow Jones backslid around 150 points on Thursday.
US equities are higher overall, but losses in key tech stocks are punishing the Dow.
Earnings brought…
Banxico cuts rates by 50 bps to 9.50% as expected
Banxico's 50-bps rate cut reflects a cautiously optimistic inflation forecast, with a possible additional cut discussed.
Deputy Governor Jonathan Heath…
US Dollar with some gains after mixed economic data ahead of key employment report
The US Dollar Index holds below 108.00 as mixed economic indicators raise concerns ahead of Friday's employment report.
ADP reports a stronger-than-expected…
Pound Sterling Price News and Forecast: GBP/USD plummets as BoE cut rates unanimously
GBP/USD plummets as BoE cut rates unanimously
The Pound Sterling fell during Thursday’s North American session, down 0.79% after the Bank of England (BoE)…
Canadian Dollar flattens ahead of key labor prints
The Canadian Dollar churned on Thursday, holding flat against the Greenback.
PMI figures from Canada contracted sharply in January, limiting Loonie gains.…
Aurora Cannabis turns bullish after earnings [Video]
Aurora Cannabis with ticker ACB was trading in an ABC correction through 2024 after a sharp and impulsive rally at the beginning of 2024. It actually formed a…
EUR/USD: Ignores stronger German Factory Orders data – Scotiabank
German Factory Orders data for December rose a solid 6.9% in the month, versus expectations for a 2.0% gain, Scotiabank's Chief FX Strategist Shaun Osborne…
GBP/USD slides further after expected BoE rate cut – Scotiabank
The Pound Sterling (GBP) slid in the wake of the BoE rate decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD underperforms on the day…