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USD/CAD – Canadian Dollar Subdued Ahead of Fed Minutes
The Canadian dollar has recorded slight losses in the Tuesday session. Currently, USD/CAD is trading at 1.2669, up 0.16% on the day. On the release front, there are no Canadian releases on the...
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UK PM Warned by 62 MPs to Stand Up to EU Regarding Brexit
Theresa May has been warned Britain cannot become simply a “ruler-taker” after Brexit, in a letter signed by 62 Tory MPs including Jacob Rees-Mogg this week. The letter urged Theresa May to stick to...
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UK Posts Strong Quarterly Productivity Growth in December
The UK has seen the strongest two quarters of productivity growth since the recession of 2008, according to the latest data. Output per hour rose 0.8% in the three months to December, the Office for...
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USD Higher Ahead of Minutes
The dollar rose to its highest level in a week on Wednesday and world stocks fell for the third day as investors braced for minutes from the Fed’s last policy meeting to see if they would herald more...
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US Home Sales Fell in January
U.S. home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices and keeping first-time buyers out of the market. The...
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GBP/USD – Strong UK Employment Numbers Fail to Rally Pound, Fed Minutes Loom
The British pound has posted losses in the Wednesday session. In North American trade, GBP/USD is trading at 1.3946, down 0.37% on the day. On the release front, British employment numbers were solid....
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Gold in Holding Pattern Ahead of Federal Reserve Minutes
Gold is steady in the Wednesday session, following sharp losses on Tuesday. In North American trade, the spot price for an ounce of gold is $1329.08, down 0.05% on the day. On the release front, all...
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Gold Gains Ground, Puts Brakes on Dollar Rally
Gold has posted gains in the Thursday session, erasing the losses seen on Wednesday. In North American trade, the spot price for an ounce of gold is $1331.17, up 0.50% on the day. On the release...
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EUR/USD – Euro Steady as German GDP, Eurozone CPI Match Forecasts
The euro has ticked lower in the Friday session. Currently the pair is trading at 1.2313, down 0.14% on the day. On the release front, German Final GDP dipped to 0.6% for the fourth quarter, matching...
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USD/CAD – Canadian Dollar Unchanged Ahead of CPI
The Canadian dollar is drifting in the Friday session. Currently, USD/CAD is trading at 1.2707, up 0.01% on the day. On the release front, Canada will release a host of CPI indicators, led by CPI....
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