United Kingdom RICS Housing Price Balance came in at -17%, below expectations (-15%) in June

Jul 11, 2024

USD/CAD remains on the defensive near 1.3600 ahead of US CPI data

The USD/CAD pair remains under selling pressure near 1.3615 during the early Asian session on Thursday.

GBP/USD rallies on resurgence of Fed rate cut hopes

GBP/USD rallied on Wednesday, clipping into a four-week peak after broad-market expectations of future rate cuts reignited following Federal Reserve (Fed) Chairman Jerome Powell’s wrap-up of the two-day Semi-Annual Monetary Policy Report.