CAD is unable to resist USD advance and risks a retest of 1.40 – Scotiabank
[ad_1] The Canadian Dollar (CAD) is little changed in overnight trade, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret…
Category: Forex News
Spread correlations reveal relative CB policy dominance – Scotiabank
[ad_1] The Euro (EUR) is attempting to stabilize in the mid/upper-1.16s following US data-driven losses on Wednesday and Thursday, Scotiabank’s…
Resumption of Oil deliveries from Iraqi Kurdistan reportedly imminent – Commerzbank
[ad_1] Concerns that the US might toughen its stance against Russia have pushed Oil prices back to the upper edge…
GBP is outperforming on crosses as BoE repricing shifts with Fed – Scotiabank
[ad_1] The Pound Sterling (GBP) is trading flat against the US Dollar (USD) and outperforming all of the G10 currencies…
USD ignores softer Tokyo CPI with focus on spreads & US PCE – Scotiabank
[ad_1] The Japanese Yen (JPY) is trading defensively in an environment of broad-based USD strength, Scotiabank’s Chief FX Strategists Shaun…
Russia plans to limit diesel exports – Commerzbank
[ad_1] The crack spread in the diesel market climbed to nearly $27 per barrel yesterday, marking a 19-month high, Commerzbank’s…
Silver rises more sharply than Gold – Commerzbank
[ad_1] The price of Gold may have recently reached a new record high, but the price of Silver has actually…
EUR/CHF trades sideways near 0.9330 amid SNB’s neutral monetary policy stance
[ad_1] EUR/CHF trades sideways near 0.9330 after a choppy week marked by the SNB monetary policy decision. Price action remains…
USD/JPY slips as US PCE data and tariff concerns curb Greenback’s momentum
[ad_1] USD/JPY retreats after a two-day rally that pushed it to its highest level in eight weeks. US core PCE…
Fed’s Bowman warns Fed may already be behind the curve
[ad_1] Federal Reserve (Fed) Board of Governors member Michelle Bowman pivoted deeper into the pro-rate-cut camp on Friday, noting that…