Share: Pound Sterling has moved north swiftly as United States Nonfarm Payrolls missed estimates. Households in the United Kingdom are facing a burden as stubborn inflation...
Share: Pound Sterling has rebounded sharply as UK’s inflation is expected to accelerate further. Investors are awaiting United Kingdom’s Services PMI, which is expected to remain...
Share: NZD/USD is consolidating around 0.6200 as FOMC minutes have come under spotlight. S&P500 futures have extended losses in Europe, portraying strength in the risk-aversion theme....
Share: EUR/GBP has faced pressure around 0.8575 as UK Services PMI has matched expectations. The UK economy is facing issues of labor shortages due to Brexit...
Share: USD/TRY has frozen around 26.00 as investors await Turkish CPI data. S&P500 futures have posted nominal losses, depicting caution among market participants ahead of FOMC...
Share: British Prime Minister Rishi Sunak said on Tuesday that inflation in the UK is proving to be more persistent than expected but added that they...
Share: The Pound Sterling is displaying back-and-forth turns as households are facing the burden of high inflation. Inflation in the United Kingdom is sticky due to...
Share: EUR/GBP remains pressured, mostly inactive, after a two-day downtrend amid sluggish markets. Trader’s wait for Eurozone/UK PMIs for June also restrict immediate EUR/GBP moves. Mixed...
Share: Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, fell to 3.8% on an annual basis in May...
Share: NZD/USD remains sidelined at the lowest levels in three weeks, prods three-day downtrend. China PMIs for June came in mixed but cautious optimism prods Kiwi...
Share: USD/CHF prods two-day winning streak ahead of key Swiss, US data. Market sentiment remains dicey as traders struggle amid hawkish Fed bets and US data-led...
Share: EUR/USD bears flirt with the weekly low as markets await the key EU/US data. ECB hawks fail to impress markets amid mixed figures at home,...
Share: The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, June...
Share: GBP/USD remains pressured at the lowest level in a fortnight, poking five-week-old rising support. BoE’s Bailey defends hawkish bias, tames UK recession woes but Pound...
Share: Pound Sterling is under pressure as BoE Bailey is expected to deliver hawkish remarks. The United Kingdom government is adding measures beyond monetary tools in...
Share: EUR/USD is showing a vulnerable performance amid a recovery in the US Dollar Index. Chances of a restart of policy-tightening by the Fed have solidified...
Share: USD/CAD gains traction for the second straight day and recovers further from the YTD low. Tuesday’s softer Canadian CPI print undermines the CAD and lends...
Share: AUD/USD comes under fresh selling pressure on Wednesday and dives to over a three-week low. The softer Australian CPI eases pressure on the RBA to...
Share: AUD/USD takes offers to reverse the previous day’s China-inspired recovery. Pre-data anxiety, recently upbeat US statistics and fears of more Sino-American tension prod Aussie pair...
Share: Australian Monthly Consumer Price Index (CPI) figures will be released on Wednesday, June 28 at 01:30 GMT and as we get closer to the release...