BoC and Loonie Crosses

Bank of Canada's announcement is expected to result in no change in rates and a repeat of the data-driven mantra. Given that recent data...

UK recessionary risk

GBPJPY Sterling made a return to underperforming ways after much worse than expected manufacturing and construction PMI data, which were followed up by some dovish...

More Pressure on the Pound

GBPUSD, H1 The UK's June construction PMI was much weaker than expected in dropping sharply to a 43.1 headline reading, down significantly from 48.6 in...

Weak EU wide data as German Inflation ticks up

EURJPY, H1 Eurozone ESI economic confidence was much weaker than expected, with the headline number falling back to just 103.3, the lowest result since August...

AUDJPY falters below 75.00

AUDJPY, H1 & Daily AUDJPY is the biggest mover out of the main Dollar pairings and associated cross rates, presently off highs but still showing...

Yen selling looks short-lived

NZDJPY has remained buoyant at 70.70 after bouncing from a 5-month low on Friday at 70.42, on Yen selling. This price action comes with...

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