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USD/JPY holds near nine-month highs as USD strengthens
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Monday as Japan’s expansionary fiscal stance under Prime Minister Sanae Takaichi continues to weigh on the currency.…
Steadies near 1.3165 as markets brace for key US jobs data
GBP/USD steadies near 1.3165 as markets brace for key US jobs dataThe Pound Sterling (GBP) remains firm during the North American session on Monday as traders prepare for the first…
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EUR/GBP retreats from highs as sterling firms on BoE inflation risks
The Euro weakens against the British Pound on Monday, with EUR/GBP extending its pullback after climbing to fresh year-to-date highs near 0.8865 on Friday, as traders react to…
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EUR/CAD slides as Canadian CPI mixed, Oil market stabilizes
EUR/CAD trades lower on Monday around 1.6250 at the time of writing, down 0.30% on the day, after Canada published a set of mixed inflation data for October. Market reaction…
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AUD/USD dips as USD gains, Fed rate-cut odds shrink
AUD/USD trades around 0.6510 on Monday at the time of writing, down 0.40% on the day. The Australian Dollar (AUD) declines against the US Dollar (USD), paring part of last week’s…
How will the Canada CPI October report impact the BoC’s upcoming rate decision?
All eyes will be on Monday’s inflation report, as Statistics Canada releases October’s CPI figures. The data will give the Bank of Canada (BoC) a much-needed update on price…