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BoC: There was clear consensus for a rate cut
The Forex Market· 2 days agoThe interest rate in Canada is set to be lowered by 25 bps to 4.50% on Wednesday.
Pound Sterling recaptures 1.2900 on upbeat UK flash PMI
The Forex Market· 2 days agohe Pound Sterling (GBP) bounces back against its major peers in Wednesday’s New York session after...
Forex Today: BoC rate decision, PMI data to grab market attention
The Forex Market· 2 days agoHere is what you need to know on Wednesday, July 24: Following the choppy action seen on Monday and...
Japanese Yen extends gains as traders expect BoJ to raise interest rates
The Forex Market· 2 days agoThe Japanese Yen (JPY) extends its gains for the third consecutive session on Wednesday, likely due...
US PMI data are expected to come in mixed in July
The Forex Market· 2 days agoOn Wednesday, S&P Global will release advanced readings for the United States (US) Purchasing Managers Indexes (PMIs) for July, a monthly survey of...
Canadian Dollar continues pre-BoC churn on Tuesday
The Forex Market· 2 days agoThe Canadian Dollar (CAD) mostly paddled in place on Tuesday, finding thin gains across the board but still struggling to make headway against a mild...
Pound Sterling remains on defensive ahead of preliminary UK/US PMI
The Forex Market· 3 days agoThe Pound Sterling (GBP) continues to hold the key support level of 1.2700 against the US Dollar...
Forex Today: US Dollar holds steady ahead of mid-tier data, key earnings reports
The Forex Market· 3 days agoHere is what you need to know on Tuesday, July 23: The action in financial markets turns subdued...
Japanese Yen appreciates due to risk-off flows
The Forex Market· 3 days agoThe Japanese Yen (JPY) extends its gains for the second successive session on Tuesday, which could be attributed to the increased risk aversion.
Canadian Dollar wobbles on Monday as CAD traders buckle down for wait to BoC
The Forex Market· 3 days agoThe Canadian Dollar (CAD) went sideways on Monday, finding some gains against the Antipodeans but...