USD/CAD to plunge towards 1.25 by year-end as BoC’s rate hiking pace underpins the loonie – BofA
USD/CAD remains near the 1.30 level. Economists at the Bank of America Global Research discuss
UK Manufacturing Production rises 1.4% MoM in May vs. 0.1% expected
The UK’s industrial sector recovery gathered steam in May, the latest UK industrial and manufacturing production
UK’s Zahawi: No time to be complacent on growth
British finance minister Nadhim Zahawi applauded the stronger-than-expected UK GDP data for May. The economy
China’s June Trade Balance: Surplus keeps expanding, as exports soar
China's Trade Balance for June, in Yuan terms, came in at CNY650.11 billion versus CNY455.04
RBNZ to hike the OCR by 50bps again at next month’s meeting – TDS
The Reserve Bank of New Zealand (RBNZ) increased its Official Cash Rate (OCR) by 50
USD/CAD: Loonie to remain well-supported unless BoC places any doubt on market pricing – MUFG
Today we will have the policy announcement from the Bank of Canada (BoC). The Canadian
USD/JPY: Further upside remains in the pipeline – UOB
Further upside to the 138.00/500 area looks increasingly likely in USD/JPY in the next weeks,
EUR/GBP breaks below 200-DMA support and drops to two-month low, around 0.8400 mark
EUR/GBP broke below the 200-DMA and dropped to a two-month low on Wednesday. Recession fears
Crude Oil Futures: Downside bias could be losing momentum
Considering advanced prints from CME Group for crude oil futures markets, open interest shrank for
AUD/USD: A break below 0.6700 looks likely – UOB
Further downside carries the potential to force AUD/USD to breach the 0.6700 level in the