The Canadian Dollar (USD) caught an extended bout of market weakness on Monday, sinking for a…
Category: Forex
Dow Jones Industrial Average misses out on Mag 7 gains
The Dow Jones Industrial Average (DJIA) faced fresh declines on Monday, kicking off the new trading…
US ISM Manufacturing PMI declines to 48.7 in October vs. 49.5 expected
The economic activity in the United States’ (US) manufacturing sector continued to contract in October, with…
USD/CNH strengthens above 7.1200 – BBH
USD/CNH edges higher as a softer-than-expected China PMI contrasts with optimism from the US-China trade truce,…
EUR/USD remains vulnerable near lows amid a strongert US Dollar
EUR/USD steadies at the early European session on Monday, trading at 1.1530 at the time of…
First upside barrier emerges above 101.50, RBA rate decision in focus
The AUD/JPY cross trades in positive territory near 101.10 during the early European session on Monday.…
Japanese Yen struggles near multi-month low against bullish USD
The Japanese Yen (JPY) remains on the defensive against a bullish US Dollar (USD) at the…
Not considering giving Ukraine Tomahawk missiles
US President Donald Trump said late Sunday that he’s not really considering giving Ukraine Tomahawk missiles. Key…
Dissented against rate cut because of continued momentum in economy
In a statement published on Friday, Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid…
Would find it difficult to cut rates again in December
Dallas Federal Reserve (Fed) President Lorie Logan said on Friday that she did not see a…