The Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual core inflation rose by 3.9%, likely impacting BoE rate-cut...
EUR/USD treads cautiously as investors shift focus to the FOMC minutes. ECB policymakers are divided about continuing the dovish trend beyond the June meeting. Fed officials...
The UK Office for National Statistics will publish the CPI report on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall sharply in...
The Reserve Bank of New Zealand is widely anticipated to maintain the OCR at 5.50% The language in the policy statement is expected to remain hawkish....
EUR/USD trades back and forth around 1.0850 with eyes on FOMC minutes and preliminary Eurozone and US PMIs. Doubts are rising over the possibility that the...
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted to have declined sharply in April....
USD/JPY is stuck in a tight range as the US Dollar consolidates. The US Dollar stays on the sidelines despite Fed officials maintaining hawkish guidance on...
The Pound Sterling holds strength near 1.2700 as investors turn risk-averse on firm Fed rate-cut hopes. April’s UK headline inflation is expected to return to near...
The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching...
USD/CAD bounces back to 1.3640 amid a firm recovery in the US Dollar. Fed officials endorse a restrictive policy stance for longer due to weak conviction...
Silver price prints a fresh multi-year high at $30.50 amid firm speculation for Fed rate cuts. The US Dollar falls back as investors see the Fed...
EUR/USD bounces back from intraday low around 1.0830 as the US Dollar retreats. Fed policymakers see one good inflation report as insufficient to change the trend. ECB’s Schnabel...
WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
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The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain. An expected decline in the US...
USD/CAD bounces back from 1.3600 on weak Canadian Manufacturing Sales data. The US Dollar faces a sell-off due to an expected decline in the US inflation...
Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3.4% on a yearly basis in April from 3.5%...
USD/JPY falls sharply to 155.50 amid soft US Dollar. Firm speculation for Fed rate cuts in September keeps the US Dollar on the backfoot. The Japanese...
The Pound Sterling jumps to 1.2600 amid uncertainty over BoE rate cuts and a soft US Dollar. Steady UK wage growth deepens fears of persistent inflationary...
Dow Jones shied away from gains after PPI printed higher than expected. Fed Chair Powell made an appearance to soothe investor nerves after inflation print. US...