EUR/USD rebounds swiftly from 1.0670 as the appeal for risk-perceived assets improves. The US economic outlook appears to be stronger than its peers. Weak preliminary Eurozone...
Silver price declines to $30.30 amid firm US Dollar. Investors await the preliminary US S&P Global PMI report for June. The Fed is expected to cut interest...
USD/JPY remains supported near its highest level since April touched earlier this Friday. The BoJ rate-hike uncertainty and mixed National CPI from Japan undermine the JPY....
“The risks to economic growth are balanced in the near term,” the European Central Bank (ECB) said in its Economic Bulletin published on Thursday. Additional takeaways The Governing...
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EUR/USD trades sideways above 1.0700 as investors look for fresh cues on the Fed and the ECB interest-rate outlook. ECB policymakers remain concerned over stubborn service...
The Pound Sterling moves higher above 1.2700 as the UK inflation cools down further in line with expectations. UK service inflation remains sticky, which could restrict...
United Kingdom annual CPI rose 2.0% in May vs. 2.0% estimates. British inflation steadies at 0.3% MoM in May, meets forecast. GBP/USD holds above 1.2700 after...
GBP/USD remains confined in a narrow range on Wednesday ahead of the UK CPI. Tuesday’s softer US Retail Sales undermine the USD and lend support to...
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Tuesday that recent inflation figures have been very positive, and Fed officials hope to see...
Federal Reserve officials await more “good inflation” data before cutting rates. Jerome Powell reiterates data-dependent approach, says they will make decisions meeting by meeting. Federal Reserve...
The Oil price remains firm near $80.00 as expectations for the Fed reduce interest rates twice this year. Investors digested voluntary production cuts announced in the...
USD/JPY moves higher above 158.00 amid firm US Dollar. The US Dollar remains firm as the Fed restricts a number of rate cuts this year to...
USD/CAD holds its key support of 1.3700 with eyes on monthly US Retail Sales data for May. While the Fed advocates one rate cut this year,...
Federal Reserve looks for more “good inflation” data before cutting rates. Jerome Powell reiterates data-dependent approach, says they will make decisions meeting by meeting. Federal Reserve...
USD/JPY moves higher to 157.70 as Fed policymakers see only one rate cut this year. The USD Index will dance to the tunes of the US...
The Pound Sterling remains vulnerable around 1.2670 as investors turn cautious ahead of the UK inflation for May and the BoE’s policy outcome. UK’s headline inflation...
Federal Reserve (Fed) Bank of Cleveland President Loretta Mester noted on Friday that she would like to see a longer run of good-looking inflation data, and...
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago cautioned that he still wants to see further progress on inflation, but sees the possibility...
The Pound Sterling declines to 1.2660 against the USD as the Fed signals only one rate cut this year. Fed policymakers said they want to see inflation...