The USDCAD is under pressure, weighed down by a combination of softer U.S. economic data and a court ruling that favors the Canadian dollar. Earlier …
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The Initial Jobless Claims (week ending May 24, 2025) rose to 240,000, up from 227,000 the previous week, exceeding estimates of 230,000. This suggests a …
WH economic advisor Peter Navarro on Bloomberg: There is no question, this is an economic emergency Nothing much has changed due to the trade ruling …
Prior was 227K (revised to 226K) Continuing claims 1919K vs 1894K expected Prior 1903K (revised to 1893K) Nothing worrying here as the data continues to …
Prior estimate -0.3% GDP 2nd revision -0.2% versus -0.3% expected GDP deflator 3.7% versus 3.7% expected and 3.7% preliminary Core AC prices 3.4% versus 3.5% …
ECB poll: All 81 economists surveyed by Reuters expect the ECB to cut deposit rate to 2% on June 5. ECB to pause in July …
The USD moved higher on the court decision that the Trump Liberation Day tariffs were unconstitutional. However,, after the market digested, the gains were reversed …