Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is a mild outperformer versus the US Dollar (USD), supported by firmer Oil, even as USD/CAD trades about one standard deviation above their fair value estimate. Softer Canadian jobs data c
Commodity markets move on supply data and macro shifts Commodity markets are experiencing movement due to various factors. Oil prices are responding to supply data, while metals are pricing in macroeconomic shifts. Agricultural futures are absorbing seasona
British Pound: Growth slowdown and BoE tightening – BNP Paribas BNP Paribas economists expect United Kingdom (UK) Gross Domestic Product (GDP) growth to slow to 0.7% in 2026 from 1.4% in 2025, with quarterly expansion dropping to about 0.1%. Inflation is projected to re-ac
Fidelity International High Dividend ETF’s 29% annual return driven by euro appreciation, but risks rise if currency falls below $1.13. The Fidelity International High Dividend ETF (FIDI) has surged 29% over the past year, fueled by a 6% rise in the euro from $1.1106 in Ma
ING’s Frantisek Taborsky says Central and Eastern European (CEE) FX is benefiting from positive global sentiment, with EUR/HUF breaking to new lows below 355. Markets expect Hungary’s new Prime Minister Peter Magyar to unlock EU funds and advance Euro adoption Despi
The dollar rose against major currencies but faced resistance near key technical levels, with EURUSD and USDJPY showing mixed momentum. The USD strengthened against major currency pairs early in the trading week, though EURUSD and GBPUSD recovered from session lows. Buyers
Rabobank’s Senior FX Strategist Jane Foley discusses the Japanese Yen (JPY), noting that expected endorsement from the United States (US) Treasury for recent Ministry of Finance (MoF) FX intervention should support the currency in the near term. However, Foley argues USD/J
The cryptocurrency nears a key psychological threshold amid macroeconomic shifts and upcoming US inflation data. Bitcoin approached the $80,000 mark, a critical level that analysts say could dictate the asset’s trajectory for the remainder of the 2026 market cycle. The mov
GBP/USD recovers some ground after opening the week with a bearish gap as geopolitical headlines surrounding the Middle East continue to stir volatility across financial markets. At the time of writing, the pair is trading around 1.3614 after bouncing from an intraday low
José Luis Escrivá: Capital flows, exchange rates, and geopolitics - the value of trust in a changing global order Speech by Mr José Luis Escrivá, Governor of the Bank of Spain, at the Spain LatAm Economic Forum, Roda de Bará, 9 May 2026. Let me start by thanking all of you