The Japanese yen is calm on Friday. In the European session, USD/JPY is trading at 155.50, down 0.06% on the day at the time of writing. Japan’s household spending slips Japan’s economic activity has been sluggish and household spending, a key driver …

The Canadian dollar has had a relatively quiet week and has ticked higher on Friday. In the European session, USD/CAD is trading at 1.3683, up 0.10%. We could see stronger movement from the pair in the North American session, when both the US and …

The euro is drifting on Friday. EUR/USD is trading at 1.0892 in the European session, up 0.04% on the day. We could see some movement from the euro in the North American session, with the release of US nonfarm payrolls. ECB cuts, but no commitments to …

The Japanese yen is steady on Thursday after showing sharp swings throughout the week. In the North American session, USD/JPY is trading at 156.27, up 0.10% on the day at the time of writing. Japan’s consumers have been holding tight on the purse …

The British pound is slightly lower on Thursday. GBP/USD is trading at 1.2771 in the European session at the time of writing, down 0.12% on the day. BoE: Businesses expect lower wage growth The Bank of England released a survey today which showed wage …

The FX market is likely to have fully priced in a 25-bps cut from the ECB today, hence it is likely going to be a non-event. The catalysts that may trigger a significant intraday movement in the FX market are new forward guidance (if any) from ECB …

The euro is showing limited movement ahead of the ECB rate decision later today. EUR/USD is trading at 1.0879 in the European session, up 0.10% on the day. ECB likely to cut, but then what? Barring a huge surprise, the European Central Bank will cut …

Talking Points ECB Main Refinance Rate and EU Inflation EUR/USD Technical Analysis – Daily Chart Inflation Monitor Source: Bloomberg Finance L.P. ECB Main Refinance Rate and EU Inflation The European Central Bank is scheduled to announce its main …

The Bank of Canada lowered interest rates earlier on Wednesday and the Canadian dollar has lost ground against its US counterpart. In the North American session, USD/CAD is trading at 1.3713, up 0.28%. Bank of Canada cuts cash rate to 4.75% The Bank of …

The euro is almost unchanged against the US dollar on Wednesday. EUR/USD is trading at 1.0883 in the North American session, up 0.04% on the day. German, eurozone services PMI accelerate The German services PMI was revised upwards to 54.2 in May, up …