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Forex
Japanese Yen builds on intraday positive move; USD/JPY retreats further from multi-month top
The Japanese Yen strengthens in reaction to strong wage growth data from Japan.
The uncertainty over the likely timing of the next BoJ rate hike might cap…
NZD/USD remains tepid near 0.5600 after the release of Chinese CPI report
NZD/USD remains subdued following China’s CPI inflation data released on Thursday.
China's Consumer Price Index rose by 0.1% YoY in December, against the…
Australian Dollar remains subdued following China’s inflation report
The Australian Dollar loses ground after releasing mixed domestic data on Thursday.
China's Consumer Price Index rose by 0.1% YoY in December, against the…
Australia’s Trade Surplus increases to 7,079M MoM in November vs. 5,750M expected
Australia’s trade surplus increased to 7,079M MoM in November versus 5,750M expected and 5,670M (revised from 5,953M) in the previous reading, according to the…
USD/CAD holds below 1.4400 as traders await Fedspeak
USD/CAD softens to around 1.4380 in Thursday’s early Asian session.
Fed Minutes signalled a cautious approach to rate cuts.
Justin Trudeau’s resignation…
NZD/USD remains on the defensive near 0.5600 ahead of Chinese CPI inflation data
NZD/USD edges lower to near 0.5610 in Thursday’s early Asian session.
Fed officials said they will slow the pace of rate cuts due to the uncertainty,…
Pound Sterling Price News and Forecast: GBP/USD drops below 1.2400 on Trump tariff news
GBP/USD came under renewed bearish pressure and declined to its weakest level since April below 1.2400. At the time of press, the pair was trading at…
Canadian Dollar continues to pare recent gains, falls back further on Wednesday.
The Canadian Dollar shed another 0.2% on Wednesday as the Loonie shrivels.
Canada saw a data-light day on the calendar, market flows continue to tilt toward…
US Dollar holds gains after FOMC minutes, labor market data
The Federal Reserve’s hawkish monetary stance contributes to rising Treasury yields, reinforcing the US Dollar’s current strength.
Rumors of a potential…
Dow Jones Industrial Average struggles back to flat after jobs data miss, Fed Meeting Minutes
The Dow Jones fell 150 points on Wednesday after US jobs figures missed the mark.
ADP hiring data slowed more than expected, and wage growth shrank to a…