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EURGBP at Crossroads as UK Reopens The euro is struggling to hold its ground against the pound sterling after a sharp retreat to the March lows. Prime Minister Boris Johnson’s statement that Britain was past the peak of the pandemic…

GBPJPY Rebounds Amid Economic Concerns The pound sterling went into a stiff sell-off as Britain grapples with its colossal public health crisis. As the economy is coming to a virtual halt amid the COVID-19 outbreak, the Bank of England cut…

EURUSD Rises Back on Speculation of US Rate Cut The euro recouped most of February’s losses after the greenback retreated across the board last week. The first confirmed coronavirus case with unknown origins in the US raised concern that…

USDJPY Rises on Potential Japanese Stimulus The Japanese yen fell sharply last week amid renewed concern that Japan could be on the brink of a recession. Speculations run high that the Bank of Japan may roll out further monetary stimulus…

Trade of the Week GBPUSD softens as trade uncertainty looms Post-Brexit euphoria might have come to an end as investors shifted their focus to EU-UK trade negotiations. The reality is that each side has a different vision of the shape…

April BOC MPR Today The Bank of Canada meets today for its April Monetary Policy review and is widely expected to keep rates on hold. Looking at recent data shows a mixed picture for the Canadian economy with continued positive momentum in…