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USD/CAD remains on the defensive below 1.3650 on weaker US data, softer US Dollar
The Forex Market· 2 days agoThe US service sector fell into contraction territory in June. Higher crude oil prices continue to...
GBP/USD jumps higher on broad-market Greenback weakness
The Forex Market· 2 days agoGBP/USD climbed towards 1.2780 on Wednesday as rate cut hopes reignite. UK election on Thursday...
US Treasury yields fall on weak data and PMI contraction
The Forex Market· 2 days agoSignificant ISM Services PMI drop to 48.8, and a decrease in ADP Employment Change pushed yields...
USD/CAD tumbles below 1.3650 on weak US private labor demand and Services PMI
The Forex Market· 3 days agoUSD/CAD declines to near 1.3620 as the US Dollar weakens after poor US data. US private labor demand...
EUR/USD gains on sticky Eurozone core inflation and soft US labor data
The Forex Market· 3 days agoEUR/USD moves higher to 1.0780 as the US Dollar corrects, and the preliminary Eurozone service...
Pound Sterling strengthens as US private payrolls growth unexpectedly slowed in June
The Forex Market· 3 days agoThe Pound Sterling (GBP) extends its upside to near 1.2735 in Wednesday’s New York session after a...
ADP Employment Report expected to show 160K new jobs in US private sector
The Forex Market· 3 days agoThe Federal Reserve may continue delaying interest rate cuts on strong employment reports. The US ...
US JOLTS Job Openings rise to 8.14 million in May vs. 7.9 million expected
The Forex Market· 4 days agoThe US Dollar Index edged slightly higher from session lows after this report and was last seen at...
USD/CAD extends correction to 1.3700 as Fed Powell sees inflation risks as more balanced
The Forex Market· 4 days agoUSD/CAD corrects sharply as Fed Powell admits progress in the disinflation process. Fed Powell sees...
AUD/USD recovers as US Dollar consolidates gains, Fed Powell’s speech in focus
The Forex Market· 4 days agoThe AUD/USD pair rebounds sharply after correcting to near 0.6630 in Tuesday’s American session. The...