BoJ Deputy Governor Shinichi Uchida said the central bank should pause due to recent volatility in global markets. The US dollar stabilized as expectations of a Fed rate cut eased…

Data from Canada revealed an unexpected trade surplus of C$638 million in June. Canadian services PMI rose from 47.1 to 47.3 in July. Oil prices rose on Wednesday as the…

The RBA kept interest rates unchanged on Tuesday and reduced hopes of a cut this year. The probability of an RBA rate cut in November fell from 88% to 55%.…

Investors were panicking on Monday that the US economy was headed for recession. The ISM reported that the services PMI rose from 48.8 in June to 51.4 in July. Markets…

Traders rushed for safety amid fears of a US recession. Data on Friday revealed a sharp slowdown in US job growth in July. The pound remained fragile after the Bank…

The US economy added 114,000 jobs, below estimates of 175,000. The probability of a September Fed tapering of 50 bps rose to 80%. Tensions continued in the Middle East with…

The US manufacturing PMI fell from 48.5 in June to 46.8 in July. US job growth slowed in July. The dollar remained strong on safe-haven demand. The weekly USD/CAD forecast…

Australia's CPI showed cooler-than-expected underlying price pressures. Business activity in the US manufacturing sector fell to the lowest level in the last 8 months. US non-farm payrolls missed forecasts. The…

The Bank of England kicked off a cycle of interest rate cuts on Thursday with a quarter-point cut. The US ISM manufacturing PMI fell to an 8-month low of 46.8…

The yen's gains extended in August as investors raised bets on a Fed rate cut. Business activity in the US manufacturing sector fell to an eight-month low. Markets were pricing…