GBP/USD rises as May US CPI rose 2.4% YoY vs. 2.5% expected. Traders eye Thursday’s US PPI to confirm easing inflation trend. UK fiscal outlook…
EUR/GBP trades with a positive bias for the second straight day on Wednesday. The divergent BoE-ECB expectations continue to act as a tailwind for spot…
Pound Sterling tumbles as weak set of UK labor market data boosts BoE dovish bets The Pound Sterling (GBP) faces a sharp selling pressure against…
The Japanese Yen resumes its short-term downtrend amid receding safe-haven demand. The emergence of some USD buying provides an additional boost to the USD/JPY pair.…
Sterling still set for weekly gain over 0.80% amid broad Greenback weakness earlier in the week. US economy added 139K jobs in May, beating forecasts…
USD/INR trades near 85.65 as the Indian Rupee weakens against a steady US Dollar. INR pressured by falling equities, rising oil prices, and FII outflows.…
Indian Rupee weakens in Monday’s Asian session. Higher oil prices and RBI rate cut bets weigh on the INR, but stronger GDP data from India…
The Japanese Yen attracts buyers for the second straight day amid a combination of supporting factors. A federal appeals court reinstates Trump’s tariffs and revives…
The Canadian Dollar lost ground against the US Dollar on Tuesday. Canadian GDP growth figures loom ahead later in the week. Investor confidence has rebounded…
The Indian Rupee slips on importer-led Dollar demand and steady US Dollar. RBI rate cut speculation puts pressure on short-term Rupee outlook. USD/INR holds above…