News

BoC set to cut interest rate amid soft growth, weak labor market and stable inflation

The Bank of Canada (BoC) is widely anticipated to reduce its benchmark interest rate by a quarter percentage point on ...

Pound Sterling Price News and Forecast: GBP trades firmly against US Dollar

The Pound Sterling (GBP) clings to Tuesday's gains near 1.3640 against the US Dollar (USD) during the European trading ...

USD/CAD Price Forecast: Edges higher ahead of BoC-Fed policy outcome

The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ...

EUR pulls back from Tuesday’s multiyear high – Scotiabank

The Euro (EUR) is soft, down a modest 0.3% against as it trades somewhat defensively with a slight pullback from Tuesday’s ...

Pound Sterling trades firmly against US Dollar ahead of Fed’s policy outcome

The Pound Sterling (GBP) faces selling pressure against its major peers on Wednesday after the release of the United Kingdom ...

CAD down marginally into the BoC rate decision – Scotiabank

The Canadian Dollar (CAD) is soft, down a marginal 0.1% vs. the USD into Wednesday’s dual BoC/Fed rate decisions, ...

USD steadies into FOMC – Scotiabank

The US Dollar (USD) is showing signs of stabilization heading into Wednesday’s FOMC, with modest gains against most of the G10 currencies as it attempts to claw back a portion of this week’s losses, ...