Bank of Canada Rate Cut Odds Diminish as GDP Data Surprises to the Upside
Stronger-than-expected Canadian GDP data has reduced the likelihood of a near-term Bank of Canada interest rate cut, according to analysts at TD Securities.
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Forex News
EUR/USD Stays Range-Bound in Mid-1.15s, Says Scotiabank
Scotiabank expects the euro to remain range-bound against the U.S. dollar in the mid-1.15s, according to the bank’s latest currency analysis. The forecast,
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New Zealand Dollar Slides After China PMI Miss, US Dollar Rebounds
The New Zealand dollar weakened against the US dollar on [date] after China’s manufacturing PMI fell short of expectations, while the US dollar
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Yen Surges as Bank of Japan Signals Hawkish Shift: What It Means for Markets
The Japanese yen surged sharply against major currencies on [Date] after the Bank of Japan (BoJ) signaled a more hawkish stance on monetary
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Canada’s Economic Growth Outpaced Forecasts in Late 2025, RBC Says
Canada’s economy grew faster than expected in the fourth quarter of 2025, according to a recent report from RBC Economics, signaling resilient momentum
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US Consumer Sentiment Beats Expectations in July, But Inflation Worries Persist
The University of Michigan’s Consumer Sentiment Index rose to 55.2 in July, surpassing the forecast of 54.0 and marking a modest improvement from
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GBP/USD and EUR/USD Fail to Hold Gains as Rally Fades
GBP/USD and EUR/USD both failed to sustain their recent rallies, with price action on the daily charts signaling a potential shift toward bearish
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Aluminium Prices Set to Rise as Market Tightens, Commerzbank Says
Commerzbank projects that aluminium prices are likely to climb further due to persistent market tightness, according to the bank’s latest commodity note. The
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Dow Jones Futures Point to Wave Two Pullback: Key Targets at 51,182 and 49,991
Dow Jones futures are signaling a wave two pullback, with technical analysts eyeing key support targets at 51,182 and 49,991, as of market
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Three Central Banks Hold Rates Steady – Here’s What’s Driving Their Caution
Three major central banks kept their benchmark interest rates unchanged this week, signaling a cautious pause in the global fight against inflation as