BrokersView Reviews

EUR/USD traders seem non-committed on Monday, though the downside seems cushioned.The divergent ECB-Fed policy expectations might continue to act as a tailwind for the major.Traders might also opt to wait on the sidelines ahead of the FOMC decision on Wednesday. The EUR/USD pair kicks off the new we

USD/CAD trades firmly near 1.3850 ahead of the US PPI data for August.Analysts at BofA expects the BoC to cut interest rates by 25 bps to 2.5% in the policy meeting next week.The Loonie pair continues to face pressure near the 200-day EMA. The USD/CAD pair holds onto gains near Tuesday’s high around

The Chinese offshore currency (CNH) is trading in relative stability on Tuesday, with the USD/CNH exchange rate at 7.1134, down less than 0.1% on the session, as markets turn their focus towards China's inflation figures for August, which will be published early on Wednesday (01:30 GMT). China's Con

European and US markets staged a rebound as long-dated yields eased, giving equities a breather. Big Tech led the way, with Alphabet soaring to fresh highs after antitrust relief and Apple jumping on a favourable court decision. But beneath the surface, the bond market is telling a different story.

Summary High rates suppressing construction The elevated interest rate environment continues to exert pressure on construction. Total construction spending fell 0.1% in July, amounting to a 2.8% year-over-year decline. Residential spending increased modestly during the month, largely on account of a

The Euro (EUR) is down 0.6% against the US Dollar (USD) and a mid-performer among the G10 as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets eye September 8 French confidence vote "Broader developments are weighing on the EUR, and s

GBP/USD draws support from the divergence in BoE-Fed policy expectations.A modest USD uptick caps gains ahead of the final UK Manufacturing PMI.Trades also seem reluctant ahead of this week’s important US macro data. The GBP/USD pair kicks off the new week on a positive note and holds steady above t

The GBP/USD pair advanced to 1.3509 on Thursday. The primary catalyst for traders was the latest UK Producer Price Index (PPI) data. UK producer inflation accelerated to a two-year high, reaching 1.9% year-on-year (y/y) in June. This follows a previous report showing that consumer price inflation (C