Bank of Canada holds rate at 2.25% as U.S. tariffs threaten growth
The Bank of Canada held its overnight rate at 2.25% on Wednesday, its seventh straight pause, as fresh U.S. tariffs…
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US Private Payrolls Grow Just 38,000 in August as ADP Report Shows Narrower Hiring
US private employers added 38,000 jobs in August, the weakest ADP reading since January and below consensus. Gains stayed concentrated…
Pound Falls Below $1.35 as UK Gilt Yields Hit 18-Year High
The pound fell below $1.35 for the first time since 14 August as a global bond market sell-off pushed UK…
USD/JPY Hits Highest Level Since July as Carry Trade Weighs on the Yen
USD/JPY consolidated near 160.25 on Wednesday, close to its highest level since late July, as a global bond sell-off and…
USD/JPY corrects lower but remains skewed to the upside as Fed’s Warsh turns hawkish
USD/JPY pulled back on potential profit-taking as the pair approached the key 160.50 resistance zone, but the broader uptrend stays…
