News

Canadian dollar heads for seventh straight weekly gain as oil prices jump
The Canadian dollar moved closer on Thursday to a recent five-month high against its U.S. counterpart as oil prices rose and ...
ECB Press Conference: Lagarde comments on policy outlook after cutting key rates by 25 bps
EUR/USD gained more than 4% in March and is already up about 5% since the beginning of April. During this period, the intense selling pressure surrounding the US Dollar (USD) on growing fears over an ...
ECB Poised to Cut Rates 25bps as Markets Focus on Lagarde’s Forward Guidance
ECB expected to cut rates by 25bps, but EUR/USD traders focus on Lagarde’s tone for clues on future policy and euro direction ...
EMEA Morning Briefing: ECB Rate Decision in Focus
The ECB is expected to reduce its benchmark lending rate by a quarter-point on Thursday. Data on interest-rate futures from the London Stock Exchange Group point to 95% odds of a cut, the seventh ...
NQ Slammed Again, But E-mini S&P Clings to Crucial Support
E-mini S&P and E-mini NQ futures traded sharply lower after Fed Chair Powell said yesterday that the bank is in no hurry to cut interest rates. E-mini NQ futures were under heavy pressure all session, ...