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Fxstreet
Jun 5, 2024
Canadian Dollar churns on Wednesday after BoC rate cut
Fxstreet
Jun 5, 2024
Mexican Peso rises following election slide as finance minister calms investors
Fxstreet
Jun 5, 2024
Russia Unemployment Rate came in at 2.6% below forecasts (2.7%) in April
Fxstreet
Jun 5, 2024
Macklem speech: It is looking like a soft landing for the economy
Fxstreet
Jun 5, 2024
Macklem speech: Timing of any further interest rate cuts will depend on data
Fxstreet
Jun 5, 2024
USD/CAD rises after BoC cuts interest rates, US Services PMI rises
Fxstreet
Jun 5, 2024
United States EIA Crude Oil Stocks Change above expectations (-2.3M) in May 31: Actual (1.233M)
Fxstreet
Jun 5, 2024
GBP/USD Price Analysis: Stays firm after strong US data, bears eye 1.2700
Fxstreet
Jun 5, 2024
US ISM Services PMI rises to 53.8 in May vs. 50.8 expected
Economic Indicator
Macklem speech: It is looking like a soft landing for the economy
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to 4.75% after the June policy meeting and responds to questions from the press.
Fxstreet
Jun 5, 2024
Economic Indicator
Macklem speech: Timing of any further interest rate cuts will depend on data
Tiff Macklem, Governor of the Bank of Canada (BoC), explains the BoC decision to lower the interest rate by 25 basis points to 4.75% after the June policy meeting and responds to questions from the press.
Fxstreet
Jun 5, 2024
Forex
USD/CAD rises after BoC cuts interest rates, US Services PMI rises
USD/CAD trades higher by about 0.2% in the 1.3700s on Wednesday after the Bank of Canada (BoC) governing council decides to reduce its key interest rate by 0.25% to 4.75%, following its June policy meeting.
USD/CAD
Fxstreet
Jun 5, 2024
Commodities
United States EIA Crude Oil Stocks Change above expectations (-2.3M) in May 31: Actual (1.233M)
United States EIA Crude Oil Stocks Change above expectations (-2.3M) in May 31: Actual (1.233M)
Fxstreet
Jun 5, 2024
Forex
GBP/USD Price Analysis: Stays firm after strong US data, bears eye 1.2700
The GBP/USD is virtually unchanged in early trading during the North American session, following the release of the Institute for Supply Management (ISM) Services PMI, which showed the economy remains resilient, expanded in May above estimates and the previous month's reading, contrarily to manufacturing activity.
GBP/USD
Fxstreet
Jun 5, 2024
Economic Indicator
US ISM Services PMI rises to 53.8 in May vs. 50.8 expected
Business activity in the US service sector expanded in May, with the ISM Services PMI recovering to 53.8 from 49.4 in April.
Fxstreet
Jun 5, 2024
Economic Indicator
United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)
United States ISM Services PMI above expectations (50.8) in May: Actual (53.8)
Fxstreet
Jun 5, 2024
Economic Indicator
United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
United States ISM Services New Orders Index increased to 54.1 in May from previous 52.2
Fxstreet
Jun 5, 2024
Economic Indicator
United States ISM Services Employment Index up to 47.1 in May from previous 45.9
United States ISM Services Employment Index up to 47.1 in May from previous 45.9
Fxstreet
Jun 5, 2024
Economic Indicator
United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
United States ISM Services Prices Paid down to 58.1 in May from previous 59.2
Fxstreet
Jun 5, 2024
Forex
USD/CHF Price Analysis: Finds support below 200-DEMA despite likely SNB’s intervention
The USD/CHF pair finds cushion near the round-level support of 0.8900 in Wednesday’s New York session.
USD/CAD
Fxstreet
Jun 5, 2024
Economic Indicator
United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
United States S&P Global Composite PMI above forecasts (54.4) in May: Actual (54.5)
Fxstreet
Jun 5, 2024
Economic Indicator
United States S&P Global Services PMI meets forecasts (54.8) in May
United States S&P Global Services PMI meets forecasts (54.8) in May
Fxstreet
Jun 5, 2024
Economic Indicator
Canada BoC Interest Rate Decision in line with forecasts (4.75%)
Canada BoC Interest Rate Decision in line with forecasts (4.75%)
USD/CAD
Fxstreet
Jun 5, 2024
Commodities
Silver Price Forecast: XAG/USD steadies below $30 ahead of US ISM Services PMI
Silver price (XAG/USD) fails to find direction and remains sideways below the psychological resistance of $30.00 despite the United States (US) Automatic Data Processing (ADP) has reported weaker-than-expected private payroll data for May.
Silver
Fxstreet
Jun 5, 2024
Forex
USD/JPY rebounds on positive risk sentiment, weak Japanese wage data
USD/JPY bounces off the 50-day Simple Moving Average (SMA) and pumps higher as the US Dollar (USD) continues its resurrection after the recent post-ISM Manufacturing PMI miss sell-off.
USD/JPY
Fxstreet
Jun 5, 2024
Economic Indicator
Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q
Canada Labor Productivity (QoQ) came in at -0.3% below forecasts (0.4%) in 1Q
Fxstreet
Jun 5, 2024
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