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GBP/NOK hovers above 7-week low ahead of BoE

August 7, 2025 10:58 am
The GBP/NOK currency pair hovered above a 7-week low of 13.5380 on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […] Read more

GBP/SEK confined in tight range with focus on BoE

August 7, 2025 8:14 am
The GBP/SEK currency pair was stuck within a narrow daily range on Thursday, as investors braced for the outcome of the Bank of England’s policy meeting. The Bank of England is expected to lower its benchmark interest rate by 25 basis points to 4% at its August 7th meeting – the lowest rate since March […] Read more

CAD/SEK rebounds after two days of losses

August 4, 2025 11:07 am
The CAD/SEK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Sweden’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […] Read more

CAD/NOK attempts to break two-day losing streak

August 4, 2025 9:23 am
The CAD/NOK currency pair snapped a two-day streak of losses on Monday in the wake of the Bank of Canada’s policy decision and Norway’s macro data. The Bank of Canada kept its benchmark interest rate intact at 2.75% at its July 30th policy meeting, in line with market consensus. This has been the third hold […] Read more

USD/NOK settles below 10 1/2-week high, posts weekly gain

August 2, 2025 5:50 pm
The USD/NOK currency pair settled below Friday’s high of 10.3657, its strongest level since May 19th, as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, well below estimates of 110,000. Also, June’s […] Read more

USD/SEK settles below 11 1/2-week high, posts weekly gain

August 2, 2025 12:39 pm
The USD/SEK currency pair settled below Friday’s high of 9.8351, its strongest level since May 12th, as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, well below estimates of 110,000. Also, June’s […] Read more

USD/CAD settles below 10-week high, posts weekly gain

August 2, 2025 9:08 am
The USD/CAD currency pair settled below Friday’s high of 1.3879, its strongest level since May 22nd, in the wake of central bank policy decisions and as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions […] Read more

USD/CAD holds near 5-week high ahead of Fed, BoC decisions

July 30, 2025 10:49 am
The USD/CAD currency pair held in proximity to a 5-week high of 1.3788 on Wednesday with focus on central bank policy decisions. The Federal Reserve is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its July 29th-30th meeting. US President Trump said last week he held a positive discussion […] Read more

CAD/SEK confined in tight range with focus on BoC

July 29, 2025 4:33 pm
The CAD/SEK currency pair remained stuck in narrow range on Tuesday, as investors braced for the outcome of the Bank of Canada’s policy meeting. The BoC is expected to keep its benchmark interest rate intact at 2.75% at its July 30th policy meeting. June’s decision has been the second hold after 225 basis points of […] Read more

EUR/CAD hovers above 1-month low, BoC ahead

July 29, 2025 11:19 am
The EUR/CAD currency pair hovered above a fresh 1-month low of 1.5852 on Tuesday, as market players realized the trade deal between the US and the EU was an unbalanced one, favoring the United States and offering little to improve the Euro Area’s economic outlook. Meanwhile, investors braced for the outcome of the Bank of […] Read more