Bank of Canada (BoC) Governor Tiff Macklem speaks on the policy outlook and responds to questions from the press after cutting the policy rate by 50 basis points to 3.25% following the December meeting.
BoC press conference...
US employers added 224,000 new workers in November.
Markets raised the likelihood of a 25-bps December Fed rate cut from 70% to 85%.
Traders await the US CPI report for more clues on Fed rate cuts.
The EUR/USD outlook...
NZD/USD extends the decline to around 0.5805 in Monday's early European session, down 0.47% on the day.
Trump's tariff threats and Chinese deflationary pressure exert some...
DXY trended higher toward 106.00 on Friday.
November’s NFP report showed a large beat on job creation.
Sentiment data from December came in strong.
The US Dollar...
French government bonds steadied on Friday, boosting the euro.
Market participants are almost entirely pricing an ECB rate cut.
US claims rose to 224,000 last week.
The...
The Australian Dollar softens in Thursday’s Asian session.
Slower-than-expected Australian Q3 GDP and heightened expectations of RBA's dovish stance exert some selling pressure on the...
Gold is up 0.28%, boosted by soft US Dollar and shrugging off positive US job data.
Friday's Nonfarm Payrolls data could influence the Fed's rate decision.
Fed officials express optimism...
Mexican Peso gains 0.25%, buoyed by strong employment figures and general USD weakness.
Despite positive US JOLTs data, Banxico's willingness for bigger rate cuts supports...
Headlines:Markets:USD leads, EUR lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields up 0.2 bps to 4.195%Gold down 0.5% to $2,641.09WTI...
Gold gains 0.67% in late session, but geopolitical strife keeps it above $2,600 despite monthly losses.
Escalation in Russia-Ukraine conflict and Middle East tensions underline...
