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Market newsCanadian Dollar climbs to two-week high despite hawkish Fed expectations
USD/CAD extends its decline on Friday as broad US Dollar (USD) weakness lifts the Canadian Dollar (CAD) to its highest level in more than two weeks. At the tim…
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Market newsEuro: Bullish reversal builds above support – Scotiabank
Scotiabank’s Global FX Strategy team notes EUR/USD is supported by modest narrowing in front-end Eurozone–US spreads following dovish-leaning comments from Fed…
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Market newsEuro gains ground as AI jitters overshadow Fed rate hike bets
EUR/USD extends its recovery on Friday, trading around 1.1255 at the time of writing, up 0.32% on the day. The Euro (EUR) continues to strengthen against the U…
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Market newsChinese Yuan: Recovery contrasts with domestic imbalances – Societe Generale
Societe Generale highlights that the Chinese Yuan (CNY) is trading at its strongest level since 2022, despite IMF estimates suggesting it remains significantly…
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Market newsBritish Pound: Budget risks threaten gains against US Dollar - Nordea
Nordea strategists note EUR/GBP has traded between 0.84 and 0.87 since late February, with recent British Pound (GBP) gains helped by external factors. They hi…
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Market newsCanadian Dollar: Bullish turn targets 1.40 against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report the Canadian Dollar (CAD) modestly stronger versus the US Dollar, helped by firmer Bank of Canada …
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