The pair remains in focus as investors weigh the policy divergence between the Bank of Canada (BoC) and the Federal Reserve (Fed). Expectations that the BoC will pursue a more aggressive rate-cutting cycle than the Fed could help limit the downside...
The dovish sentiment gained traction following weaker-than-expected Retail Sales data, which increased by 0.4% month-over-month, falling short of the anticipated 0.6% rise and decelerating from the revised 0.8% gain in the prior month. Additionally,...
The NZD/USD currency pair, representing the exchange rate between the New Zealand Dollar (NZD) and the U.S. Dollar (USD), has recently exhibited notable volatility, influenced by a confluence of domestic economic indicators and global market...
February 7, 2025 The Pound Sterling (GBP) registered gains versus the US Dollar (USD) on Friday following a softer-than-expected US Nonfarm Payrolls report. The GBP/USD seesawed within a 1.2418 – 1.2491 range and traded at 1.2451, up 0.15%. The...
The US Dollar (USD) remains well-supported against the Swiss Franc (CHF) following the Federal Reserve’s (Fed) decision to leave interest rates unchanged. Fed Chair Jerome Powell reaffirmed confidence in the US economy’s resilience, emphasizing that...
