Trump gives Iran 48-hour ultimatum to open Strait of Hormuz

Trump gives Iran 48-hour ultimatum to open Strait of Hormuz

Here is a rundown of latest headlines surrounding the crisis in the Middle East as the United States (US) and Israel’s war against Iran enters the fourth week: US President Donald Trump said on Saturday that they will “obliterate” Iran’s power plants, starting with the biggest one, if they refuse to open the Strait of […]

EUR/GBP rises as markets assess ECB and BoE rate decisions, inflation outlook

EUR/GBP rises as markets assess ECB and BoE rate decisions, inflation outlook

EUR/GBP edges higher on Friday, recovering losses recorded in the previous day after the European Central Bank (ECB) and Bank of England (BoE) monetary policy announcements. At the time of writing, the cross trades near 0.8647, remaining confined within a narrow range that has defined price action for more than a week. The Euro (EUR) […]

Range holds as CAD outperforms – Scotiabank

Range holds as CAD outperforms – Scotiabank

Scotiabank’s Analyst Team notes the Canadian Dollar is modestly firmer versus the Dollar and leading G10 peers, echoing its earlier conflict-phase outperformance. They highlight narrowing yield spreads and a relatively muted Bank of Canada meeting as key drivers. Markets price about 60 bps of BoC tightening by year-end, leaving CAD sensitive to policy shifts, with […]