Is the Euro becoming a global currency?

Wednesday saw no further progress in the administration’s removal of the Fed’s Lisa Cook. The FX environment remains choppy, but we note the continued low fixings in USD/CNY – seemingly a move by Beijing to preserve the purchasing power of households and boost consumption. Elsewhere, healthy car sales data in Germany can provide some support…

Let’s not sugarcoat it. Dylan Efron is turning heads and making people do double takes — and yes, I said Dylan Efron. If the name sounds familiar, that’s because he’s the younger brother of Zac Efron, our OG Hollywood crush. But make no mistake, Dylan is not just the backup dancer in the Efron family…

Telus Corporation (TU) is trading at $12.99 after shedding another 0.70% today, and the Canadian telecom giant finds itself in a technical predicament that’s been years in the making. This isn’t just a bad week or month—TU has been grinding lower since late 2022, and the chart reveals a stock caught between multiple layers of…

NZD/USD trades around 0.5820 on Thursday at the time of writing, up 0.10% on the day, consolidating above the key 0.5800 level reached the previous day, its highest point in more than two months. The pair remains clearly tilted to the upside, supported by a broad weakening of the US Dollar (USD) following the dovish…