Share: UK GDP arrived at 0.2% MoM in April vs. 0.2% expected. GBP/USD defends 1.2600 on as expected UK GDP data. The UK Gross Domestic Product...
Share: The latest New Zealand Institute of Economic Research (NZIER) Consensus Forecasts showed a downward revision to economic growth for the year to March 2023, followed...
Share: NZD/USD bulls are riding the AUD´s coattails. Focus will turn domestic with NZ GDP coming up. USD/NZD has been range bound in the prior day...
Share: EUR/GBP has turned sideways after slipping below 0.8600 as German inflation decelerated significantly. German deflation has faded long-term hawkish ECB bets. BoE Mann said the...
Share: USD/CAD grinds near intraday high, extends previous day’s rebound from one-week low. Downward-sloping resistance line from late March restricts immediate upside of Loonie pair. Looming...
Share: USD/CAD is oscillating in a narrow range below 1.3600 amid a quiet market mood. This week, US Employment-linked economic indicators will keep investors busy. USD/CAD...
Share: In its monthly assessment report, the Japanese Cabinet Office raised the overall economic outlook for the first time since July 2022 in May, noting that...
Share: EUR/USD is marching towards 1.0770 as USD Index is showing signs of more weakness ahead. S&P500 futures have witnessed a minor correction, depicting caution in...
Share: Japan’s Gross Domestic Product released by the cabinet office has been released as follows: Japan’s economy grew an annualized 0.6% in the final three months...
Share: In its quarterly publication released on Monday, the European Commission revised upwards its economic growth forecasts for the euro zone to 0.9% in 2023 from...
Share: EUR/USD sees around five-week low as bears take a breather. ECB’s Visco downplays rate hike bias, Fed’s Harker appears confused. Challenges to sentiment amid “unidentified...
Share: GBP/USD is expecting further downside to near 1.2000 ahead of US Inflation. Fears of an upside surprise in US inflation and back-to-back Pentagon events are...
Share: GBP/USD has slipped below the crucial support of 1.2100 amid the risk-aversion theme. The Pound Sterling bulls will dance to the tunes of the UK’s...
Share: AUD/JPY has slipped sharply from 91.40 despite RBA continuing a hawkish monetary policy ahead. Australian inflation has been driven higher in December led by rising...
Share: according to the Federal Reserve Bank of Atlanta’s GDPNow model, the US economy is expected to grow at an annualized rate of 2.1% in the...
EUR/USD picks up bids to pare three-day losing streak, bounces off one-week low with slower pace. Market’s cautious optimism seems to weigh on the US Dollar...
EUR/USD pauses two-day downtrend but struggles to extend intraday gains. Markets sentiment remains divided as firmer yields probe stock futures while Asian equities cheer China’s return....
USD/CAD regains some positive traction on Friday amid a modest pickup in the USD demand. Thursday’s upbeat US macro data fuels hawkish Fed expectations and benefits...
NZD/USD surrenders modest intraday gains amid the emergence of some buying around the USD. Thursday’s upbeat US macro data fuels hawkish Fed expectations and underpins the...
EUR/USD is looking to extend its recovery move to near 1.0900 after a minor correction. Further interest rate hikes by the Fed might slow down the...