Share: The EUR/GBP climbed to a fresh five-month high at 0.8740 on Friday, but the Euro bid proves short-lived. The Euro is set to close out Friday’s trading session in the red, but still sees green for the week against the Pound Sterling. Next week sees EU & UK PMI double-header on Tuesday.
Share: The Canadian Dollar ended the trading week flat against the US Dollar. A Retail Sales beat sees little positive momentum for the Loonie as markets remain USD-focused. Steady Crude Oil prices aren’t hurting the CAD, but aren’t helping it either. The Canadian Dollar (CAD) is seeing some minor lift on Friday, but
Share: The AUD/NZD caught a firm bid on Friday, climbing into the 1.0700 handle to close out the trading week. The Aussie managed to eke out a new high for the week late in the game, climbing 0.42% for Friday. Kiwi traders will get to take first swing at the economic calendar next
Share: Canadian Dollar flows are resurfacing after Thursday’s nosedive, propped up by a reinvigorated oil bid. Canada economic data remains thin until Tuesday’s CPI print. US Dollar giving back yesterday’s gains after consumer sentiment miss. The Canadian Dollar (CAD) caught a mild recovery on Friday, paring back Thursday’s dip after broad-market risk sentiment
Share: The GBP/JPY extended losses into Friday trading, tapping into 181.27 and ending the week on the low side. The Pound Sterling rose to 183.82 in the mid-week, but bad data buds and souring market sentiment sent the Guppy back into the week’s lows. Coming up next week: UK labor and wages figures
Share: Canadian Dollar back into recent lows as Crude Oil prices tumble on Friday. Canadian GDP missed market expectations, economic growth came in flat. USD/CAD etches in a new high for the week as CAD slips, US Dollar recovers. The Canadian Dollar (CAD) saw both a new high and a new low against
Share: The GBP/USD initially rose on Friday, but got knocked lower as the market broadly swept back into the US Dollar. The US Dollar index caught a late bid to push back into the middle to close out the trading week. Recession risk is still quite high in the UK, capping Pound Sterling
Share: GBP/JPY trading into the 181.50 handle, on the low side for the week. The Pound Sterling lost ground across the board this week after a dovish twist from the BoE. The BoJ continues to maintain their easy monetary policy stance. The GBP/JPY is ticking into the south side of the 181.50 handle after the
Share: The USD/JPY is seeing recovery on Friday into the top end of the week’s trading. The BoJ maintained its negative rate policy regime, as markets broadly expected. US PMIs came in mixed, capping any decisive moves for the Greenback. The USD/JPY is set to close out the trading week just south of
Share: Palantir stock has shed nearly 9% so far this week. PLTR stock is sitting right on medium-term support from $13.50 to $14. A break of $13.50 would send PLTR hurtling toward $10.25. A recent AIP conference gave Palantir good marks on its move into the LLM space. Palantir (PLTR) stock advanced 1.2%
