GBP/USD dives to 1.3180 as Middle East tensions lift the US Dollar

GBP/USD dives to 1.3180 as Middle East tensions lift the US Dollar

The British Pound collapses on Monday as Middle East escalations push the Greenback higher, while Oil prices extend their gains for the fourth consecutive trading day. At the time of writing, the GBP/USD trades at 1.3184, down by more than 0.50%. Sterling sinks as oil rises, Fed bets ease, UK outlook dims ahead Market mood […]

Dovish tone and long hold signalled – TD Securities

Dovish tone and long hold signalled – TD Securities

TD Securities analysts anticipate the Bank of Canada’s (BoC) March Summary of Deliberations will maintain a dovish tone, stressing excess supply and disinflation. They argue the BoC has ended its easing cycle and will hold the overnight rate at 2.25% through 2026, looking through higher headline inflation before hiking back toward neutral in early 2027. […]

 USD/JPY pulls back to 159.50 amid rising intervention warnings

 USD/JPY pulls back to 159.50 amid rising intervention warnings

The US Dollar (USD) has snapped a four-day rally against the Japanese Yen on Monday, and retreated from 20-month highs above 160.00 reached on Monday, a level considered a line in the sand for Japanese authorities. Japan’s Top Currency Diplomat, Atsushi Mimura, observed earlier on Monday about rising speculative activity in currency markets and affirmed […]