Genevieve

Overview: Ahead of an important North American session, the US dollar has a slightly softer tone in narrow ranges against the G10 currencies. The Canadian and Australian dollars are laggards, with small losses. The yen and sterling are the strongest with around 0.2-0.3% gains. The North American ses

Indian Rupee extends its downside against the US Dollar as the former weakens due to FIIs selling in Indian markets.The US-EU tariff deal has strengthened the US Dollar.Investors await the Fed policy and a string of US economic data. The Indian Rupee (INR) posts a fresh four-month high against the U

AUD/USD remains supported above its 50-DMA, with positive momentum pointing to further upside toward 0.6685 and beyond. Short-term support holds near 0.6500, Societe Generale's FX analysts report. AUD eyes next targets at 0.6685 and 0.6720 "AUD/USD reclaimed the 50-DMA in April resulting in a steady

In an initial reaction, the Japanese Yen (JPY) appreciated this morning, showing some relief after yesterday's elections. And certainly, the uncertainty about the political future could have been much greater this morning. As feared, the LDP lost its majority in yesterday's upper house elections. Fo

More tariff threats from President Trump is having a predictable impact on markets. Over the weekend, the president threatened 30% tariffs on the EU and Mexico from August 1. Stocks are weaker and bonds are mixed but Treasurys are underperforming. The US Dollar (USD), after firming modestly in Asian

EUR/USD posts first weekly loss in three weeks, ending at 1.1688.Trump eyes blanket tariffs, including on EU and copper exports.Dollar marks strongest week since March amid broad risk-off tone. EUR/USD finished the week with losses of over 0.70% and ended Friday’s session down 0.10% trading below th

The Japanese Yen (JPY) is weak, down 0.4% against the US Dollar (USD) and trading heavily in an environment of trade policy uncertainty, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets await for CPI next week "Sentiment is dominating, as we note the continued stabili

US President Donald Trump on Thursday announced a 35% tariff rate for goods imported from Canada, beginning August 1, per Reuters. Trump further stated that the European Union (EU) would receive a letter notifying them of new tariff rates "today or tomorrow." Market reaction The Canadian Dollar (CAD

Gold stays firm as US jobless claims beat forecasts, reducing odds of a July rate cut.High Treasury yields and firm Greenback keep Gold in a tight range.Trump slams Brazil with 50% tariffs, raising trade war uncertainty. Gold price (XAU/USD) remained firm during Thursday’s North American session as

The likelihood of new, harsh sanctions on Russia is rising again: western leaders are abandoning hopes of meaningful diplomacy and reverting back to economic pressure, which had been the consensus strategy until US President Donald Trump took over. After initially trying out his idea of diplomacy, T

EUR/USD might have found a short-term anchor at 1.17. Despite the post-NFP hawkish repricing in the USD OIS curve, the two-year swap rate gap remains 15-20bp wider than a month ago. This means that while some USD risk premium remains present at around 1.170, the dollar isn’t as screamingly cheap as