USD/CAD trades with a mild downside bias on Wednesday ahead of the Bank of Canada’s (BoC) interest rate decision due at 13:45 GMT. USD/CAD trades with a mild downside bias on Wednesday ahead of the Bank of Canada’s (BoC) interest rate decision due at 13:45 GMT.
Keep an eye on USD/JPY today. Keep an eye on USD/JPY today. It's risen another 10 pips in the past few minutes and is up 33 pips on the day to 159.94. The market is increasingly worried that Trump's strategy in Iran is a long-term siege and blockade with the Strait
CAD: BoC hawkish tilt with conflict risks – MUFG Derek Halpenny at MUFG highlights that the Canadian Dollar (CAD) has held up well versus the US Dollar since the Middle East conflict began, with markets expecting the Bank of Canada (BoC) to keep rates unchanged but adopt a more...</strong
Derek Halpenny at MUFG highlights that the Canadian Dollar (CAD) has held up well versus the US Dollar since the Middle East conflict began, with markets expecting the Bank of Canada (BoC) to keep rates unchanged but adopt a more hawkish tone. Derek Halpenny at MUFG highli
AUD/USD: Consolidation below resistance – UOB UOB’s strategists Quek Ser Leang and Lee Sue Ann note AUD/USD is consolidating after failing to extend gains beyond 0.7200, trading instead between 0.7151 and 0.7195 and closing near... AUD/USD: Consolidation below resistance –
Eurozone economic sentiment tumbles in April The European Commission’s economic sentiment indicator plunged in April, raising concerns about second quarter growth prospects. Eurozone economic sentiment tumbles in April The European Commission’s economic sentiment indicator
USD/JPY: Range trade with intervention risk – OCBC OCBC strategists Sim Moh Siong and Christopher Wong note USD/JPY stayed range-bound after a mildly hawkish Bank of Japan (BoJ) hold, as cautious guidance and high Oil prices erased initial Yen (JPY)... USD/JPY: Range trade
USD/CAD: Range levels watched as BoC holds – Societe Generale Societe Generale analysts notes that the Bank of Canada (BoC) is expected to keep its policy rate at 2.25% for a fourth consecutive meeting, while higher inflation expectations could push rates toward the neutral...</p
Societe Generale analysts notes that the Bank of Canada (BoC) is expected to keep its policy rate at 2.25% for a fourth consecutive meeting, while higher inflation expectations could push rates toward the neutral range midpoint later this year. Societe Generale analysts no
EUR/GBP Price Forecast: Steady above 0.8650 with ECB and BoE in the spotlight The Euro (EUR) edges higher against the British Pound (GBP) for the second consecutive day on Wednesday, although it remains contained within the weekly range, with upside attempts capped below the...</