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The Canadian Dollar gained fresh ground against the US Dollar on Thursday.Softer-than-expected US PPI inflation data pushed the Greenback lower as Fed rate cut bets rise.Canadian economic data remains limited through the rest of the month. The Canadian Dollar (CAD) lurched into fresh eight-month hig

Some softer UK April GDP data this morning has seen sterling come under more pressure, ING's FX analyst Chris Turner notes. EUR/GBP to trade towards 0.8550 and 0.8600 "Bit of a disappointing UK April GDP figure – down 0.3% on the month. Not a huge surprise. These figures have been hugely volatile re

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Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a US Steel Corp. plant on Friday. Later on, Trump said he would raise Aluminium rates in a Truth Social post, ING's commodity experts Ewa Manthey and Warren Patterson

Increase in momentum is likely to lead to US Dollar (USD) advance, potentially to 7.2130. In the longer run, for now, USD is likely to trade in a range between 7.1800 and 7.2300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Increase in momentum is likely to lead to USD advance 24-HOUR

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US Dollar (USD) is likely to trade sideways between 7.1640 and 7.1840 against Chinese Yuan (CNH). In the longer run, downward momentum has not increased significantly, but bias for USD is on the downside toward 7.1500, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Downward momentum has

Gold (XAU/USD) continues to trade within a narrow range as global investors evaluate conflicting economic cues. The optimism from delayed US-EU tariffs has slightly reduced the demand for safe-haven assets like gold. Conversely, concerns over US fiscal policy, monetary easing expectations, and geopo