Canadian dollar rallies the most in three months as Fed's Powell turns more dovish

Japan election October 27 rumoured, NHK. Japan’s NKH, Japan Broadcasting Corporation (also known as NHK) is a Japanese public broadcaster. Reporting the new Prime Minister is planning a general election for October 27. Shigeru Ishiba was elected ruling party (LDP) leader and soon-to-be prime minister on Friday. Rep[orts are he has decided to hold a…

I’ll be honest—spring kind of snuck up on me this year. One day I’m in a puffer jacket, the next I’m sweating through a hoodie and realizing I haven’t touched my “warm weather clothes” bin since… 2023. And let’s be real, those cold and rainy days didn’t help either. So naturally, I did what any…

JAPANESE YEN OVERVIEW The Japanese services PPI spiked in April, marking the most significant increase since March 2015. This rise of 2.8% year-over-year surpassed the expected 2.3%, highlighting potential shifts in Japan’s monetary policy as the Bank of Japan aims to solidify customer inflation. USD/JPY Analysis The USD/JPY pair has been displaying a pattern of…

Iran foreign minister Aragchi travelled to Oman as expected on the weekend but then returned to Pakistan, according to reports. There are also reports that there has been some progress on the nuclear file, with the US accepting a moratorium on the enrichment ban or some kind of phased enrichment after 10 years. The comment…