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USD/CAD refreshes a two-week low near 1.4160 as US Dollar weakens on the faster-than-expected decline in US Retail Sales data for January. Poor US Retail Sales data could boost Fed dovish bets Canadian Manufacturing Sales grew at a slower-than-expected pace of 0.3% in December. The USD/CAD pair exte

USD/JPY climbs to near 154.00 amid weakness in the Japanese Yen. BoJ Ueda cautioned about rise in food prices that could stimulate inflation expectations. Investors await the US CPI data for fresh cues about the Fed’s monetary policy outlook. The USD/JPY pair jumps to near 154.00 in Wednesday’s Euro

Danish card data suggests that spending excluding energy increased by 7% in January compared to the same month the year before. Adjusting for inflation, spending excluding energy increased by 5.3%. This is the highest growth since March last year, and supports the trend of strengthening consumer spe

Markets US Treasury Secretary Bessent seems to manifest himself as the voice of reason for US President Trump’s chaotic, sometimes illogic, burst of thoughts. In an interview with Fox Business he elaborated on/clarified themes like the ones spelled out by Trump in his WEF-address when he urged OPEC+

GBP/JPY could further depreciate amid the increased likelihood of further Bank of Japan rate hikes. The BoJ Summary of Opinions suggested that policymakers discussed the likelihood of raising interest rates further. The Pound Sterling struggles as the BoE is widely expected to deliver a 25 basis poi