Forex
USDCHF stretches to the topside and tests the 200 hour MA. Get above is a tilt higher.
The USDCHF based earlier in the week near a swing area between 0.8913 and 0.8923. The 100 day moving average is moving toward...
Fed’s Schmid: Concern growing about recent increase in inflation expectations
I'm more cautious about inflation given the lack of progressConcern growing about recent increase in inflation expectationsExpectations surveys are imperfect but recent sharp...
GBP: Focus on PM Starmer visit to Washington – Scotiabank
Pound Sterling (GBP) is trading marginally higher against the USD on the session but Cable remains well below yesterday’s intraday high and the...
EUR/USD: Gains are capped in low 1.05s – Scotiabank
The EUR remains largely range-bound in rather featureless trade.Spanish core CPI fell to 2.1% in February, the lowest since December 2021, hinting at...
Trump pledges an additional 10% tariff next week. Says Canada/Mexico tariffs still on
Yesterday, Trump said that Mexico and Canada tariffs were delayed until April 2 but then appeared to contradict himself. Now he's clearing it...
CAD steady but fails to gain significantly – Scotiabank
The Canadian Dollar (CAD) is little changed against the stronger US Dollar (USD) on the session so far.
US GDP expands by 2.3% in Q4 as initially estimated
The US Bureau of Economic Analysis (BEA) reported on Thursday that the United States' Gross Domestic Product (GDP) expanded at an annual rate...
USD posts limited gains amid tariff uncertainty – Scotiabank
The US Dollar (USD) is broadly firmer this morning but gains versus the majors are limited for the most part, leaving the currencies...
US: Initial Jobless Claims rose to 242K last week
US citizens filing new applications for unemployment insurance increased to 242K for the week ending February 22, as reported by the US Department...
US Durable Goods Orders rise 3.1% in January vs. 2% expected
Durable Goods Orders in the US rose by 3.1%, or $8.7 billion, in January to $286 billion, the US Census Bureau reported on...