By FXStreet Gold turned south this Wednesday, as stocks rallied on the back of better-than-expected economic data out of China fueling risk appetite and boosting the greenback. After
By FXStreet According to analysts from Wells Fargo, today’s report on inventories from February continues to show an adjustment that should continue as the Inventory-to-sales ratio remains elevated.
By FXStreet The Canadian dollar gained momentum across the board after the decision of the Bank of Canada to leave interest rates unchanged but then lost strength. Ahead
By FXStreet Analysts at Nomura noted, that as widely expected, the Bank of Canada (BoC) kept its policy rate unchanged at 0.5% and reiterated its neutral policy stance,
By FXStreet Analysts at UOB Group noted ramifications taking place over fears of a Brexit. Key Quotes: “Ahead of the Brexit referendum in June, many Asian investors eyeing
By FXStreet Analysts at Scotiabank noted that JPY is weak and falling for a second consecutive session. Key Quotes: “It begins to retrace a portion of its recent
By FXStreet GBP/USD has edged slightly lower on Wednesday but overall continues to trade within its weekly range, unable to set short-term direction in the absence of fundamental
By FXStreet The US dollar continued to recover ground against the Swiss franc on Wednesday and now is positive for the current month. Economic data from the US
By FXStreet According to analysts from Wells Fargo, today’s unexpectedly decline in the March PPI index shows that inflation pressures remain benign. Key Quotes: “Due to the first
By FXStreet James Knightley, Senior Economist at ING, notes that today’s statement from the Bank of Canada, suggests that there is little prospect of any easing in the
