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The Pound Sterling (GBP) is entering Tuesday’s NA session unchanged against the US Dollar (USD) as it also seeks to attempt stabilization following a recent pullback, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note. Markets soften BoE easing expectations, offering support "Dome

We saw a huge move lower in EUR/GBP yesterday, ING’s FX analyst Chris Turner notes. GBP/USD to trade down to the 1.3150 area "Ex post, it could be seen as the UK having a better deal than the EU when it comes to trade. In reality, however, it was probably all to do with positioning, where opposing f

EUR/JPY attracts some follow-through sellers for the second straight day on Tuesday.The EUR remains depressed despite the US-EU trade deal and weighs on spot prices.The emergence of some JPY buying further contributes to the ongoing corrective slide. The EUR/JPY cross extends the previous day's retr

Euro drops as US–EU deal triggers broad Dollar strength, mirroring the Japan-style 15% tariff framework.ECB remains divided; Eurozone data dump ahead includes growth, jobs, and inflation figures.Markets focus on Fed decision, Powell’s guidance, and Core PCE inflation gauge this week. The EUR/USD dro

A decisive breakdown in Treasury yields, an ascending triangle in Gold, and a dollar test at key pivots are setting the stage for the market's next directional surge across equities, FX, and commodities. 1. US Treasury yields 2‑year yield (US02Y, D1) Pattern: Descending triangle since April 2024. Ke

USD/CAD snaps a four-day losing streak, steadies above 1.3600 on ThursdayCanada’s May Retail Sales fall 1.1% MoM, in line with forecasts; Core Retail Sales down 0.2%.US flash Composite PMI jumps to 54.6 in July, Services PMI beats at 55.2; Manufacturing slips into contraction. The Canadian Dollar (C

Housing Starts and Building Permits in the US rose modestly in June.The US Dollar Index stays in negative territory below 98.50. Housing Starts in the United States (US) rose by 4.6% in June to a seasonally adjusted annual rate of 1,321,000, the US Census Bureau reported on Friday. This reading foll

The US Dollar (USD) and Treasurys have settled down after yesterday’s abrupt swings, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note. USD shakes off tumble on yesterday’s Fed news "President Trump apparently waved a draft letter firing Fed chair Powell in front of GOP lawmakers

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Remember the story that I outlined in my gold price forecast for July 2025? We saw more of the same yesterday, but on a micro-scale. In the previous days/weeks, miners moved higher first, then gold, and finally silver. The same thing happened in the previous hours/days. Miners moved higher first (in

Summary The headline employment data for June generally were encouraging. Nonfarm payrolls increased by 147K last month, clearing a relatively low consensus forecast of 106K. Revisions to job growth in May and April were modestly positive. The unemployment rate fell by one tenth to 4.1%, and in a se