Inflation rose sharply in the United Kingdom in April – more than analysts had expected. This was reported yesterday by the Office for National Statistics…
The preliminary reading of Australia’s Judo Bank Manufacturing Purchasing Managers Index (PMI) came in at 51.7 in May versus 51.7 prior, the latest data published…
HDFC Bank Elliott Wave technical analysis Function: Counter Trend. Mode: Corrective. Structure: Orange wave 4. Position: Navy blue wave 1. Direction next higher degrees: Orange wave 5. Details: Orange wave 3…
Here is what you need to know on Wednesday, May 14: Major currency pairs stay relatively quiet early Wednesday following a volatile start to the…
The Chinese central bank PBoC continued to buy Gold in April for the sixth month in a row, Commerzbank’s commodity analyst Carsten Fritsch notes. PBoC…
The Bank of England’s policy meeting today is strongly expected to produce another rate cut, of 0.25%. The British Pound will be in focus today…
The Bank of England is expected to lower its policy rate to 4.25%. UK inflation figures remain well above the BoE’s goal. GBP/USD receded from…
Asian currencies rallied sharply, led by a historic surge in the Taiwan dollar, as growing speculation over imminent trade talks between the US and its…
April’s downside surprise in Swiss inflation has reinforced expectations of a June rate cut by the SNB, with markets now entertaining the possibility of a…
GBP/USD is stuck near 1.3300 ahead of Fed, BoE showings. Fed is set to keep rates on hold again as Fed policymaker rhetoric takes center…