Mavis

Yesterday's Canadian inflation figures were broadly in line with expectations, Commerzbank's FX analyst Michael Pfister notes. BoC is likely to focus more on the weakening real economy "The only deviation from expectations was the headline rate, which was slightly lower than anticipated due to volat

In focus today Today's main event will be the FOMC meeting, where we expect a 25bp rate cut. The cut is fully priced in, and markets have even speculated about the slim chance for a larger 50bp move. We will pay close attention to the Fed's updated rate projections, which could offer key insight int

The Pound Sterling drops against its major currency peers after weak UK GDP and factory data for July.UK GDP growth remained stagnant in August, as expected.US weekly Initial Jobless Claims ending September 5 came in significantly higher at 263K. The Pound Sterling (GBP) faces selling pressure again

Since the start of the week US stock markets seem to have regained some confidence as Nasdaq, S&P 500 and Dow Jones are on the rise. On a fundamental level, the weak August US employment report and the market’s expectations for the Fed tend to provide support for US stock markets, while the rele

GBP/USD rises after US NFP shows just 22K jobs added, pushing unemployment to 4.3%.Markets fully price September 25 bps Fed cut, while slim 8% chance remains for larger 50 bps easing move.BoE expected to hold rates steady as strong retail sales and higher inflation limit policy flexibility. The Poun

NZD/USD strengthens to around in Thursday’s Asian session.US JOLTS Job Openings declined to 7.18 million in July vs. 7.4 million expected. The dovish tone of the RBNZ might cap the upside for the pair. The NZD/USD pair gains traction to near 0.5880 during the Asian trading hours on Thursday. The US

USD/JPY holds near 149 after ISM PMI improved from 48.0 to 48.7. Can NFP push the pair through 150 or trigger a pullback?USD/JPY extends higher after bouncing off the H4 Fair Value Gap (147.864–148.370) and is retesting the 149.00 resistance with 150.00 back in sight.BoJ’s cautious stance keeps the

When I read the news about the dismissal of Fed Governor Lisa Cook on a newsflash during my vacation, I was certain the markets would go crazy. To my surprise, however, I now have to acknowledge that EUR/USD is trading nearly unchanged compared to levels from three weeks ago. Even in the options mar

September 2025 is shaping up to be a pivotal month for the global economy, packed with monetary policy decisions, data releases, and political milestones that could redefine the international financial landscape. Investors, policymakers, and business leaders will be watching these events closely, as

General trend - Little market reaction to lots of Japan data today. Tokyo CPI figures for August were all inline with estimates, while July Industrial Production figures were slightly weaker than expected while July Retail Sales stronger than expected. Later on Japan Consumer Confidence came in high