In its June monthly report, the Japanese Cabinet Office raised its economic assessment in June for the first time since 2018, as the economy is seen bottoming from the coronavirus impact. Key headlines “Althoug...
The real Gross Domestic Product (GDP) in Canada increased by 0.1% on a monthly basis in January following December’s expansion of 0.3%, the data published by Statistics Canada showed on Tuesday. This read...
Retail Sales in Canada rose more than expected in January. USD/CAD continues to trade below 1.4300 after data. Retail Sales in Canada rose 0.4% in January to $52 billion, the data published by Statistics Canad...
Manufacturing Sales in Canada declined less than expected in January. USD/CAD continues to trade above 1.41 after data. Manufacturing Sales in Canada contracted by 0.2% in January to $56.1 billion, Statistics...
Industrial Production increased more than expected in the euro area in January. EUR/USD continues to edge lower as focus remains on ECB. Industrial Production (seasonally adjusted) in the euro area rose by 2.3...
Trade Balance of US came in at -$45.3 billion in January. US Dollar Index struggles to stage a meaningful recovery. The international trade deficit of the US narrowed to $45.3 billion in January from $48.6 bil...
The locomotive of the eurozone is experiencing an acceleration in factory orders with a leap of 5.5%, far above expectations. EUR/USD is moving higher above 1.1230. Year over year, orders are down 1.4% compared...
Factory Orders fell more than expected in January. US Dollar Index continues to push lower below 97. Factory Orders in January declined by 0.5%, or $2.3 billion, on a monthly basis following December’s i...
Annual Retail Sales in euro area rose 1.7% in January as expected. EUR/USD continues to trade in daily range below 1.12 after data. Retail Sales in the euro area and the EU27 increased by 0.6% and 0.5%, respec...
One-week risk reversals on EUR/USD (EUR1MRR), a gauge of calls to puts, jumped to the highest level since January 2018 on Friday, indicating the investors are adding bets for continued strength in the common cu...
