Japan’s National Consumer Price Index (CPI) climbed by 3.6% YoY in April, compared to the previous reading of 3.6%, according to the latest data released by the…
Yesterday’s hotter than expected April CPI data served to dampen expectations of a June BoC rate cut, putting some moderate, downward pressure on US/Canada interest…
The Pound Sterling retreats against its major peers as UK Reeves stated disappointment on stronger-than-expected UK CPI data The UK Service CPI accelerated to 5.4%…
GBP/JPY bounces off daily low as hotter UK inflation figures temper BoE rate cut bets. BoJ rate hike bets underpin the JPY amid reviving safe-haven…
EUR/GBP pares gains to around 0.8435 in Wednesday’s early European session. UK CPI inflation climbed to 3.5% YoY in April, hotter than expected. ECB’s Knot…
The United Kingdom’s Office for National Statistics will publish the April CPI data on Wednesday. Inflation, as measured by the CPI, is forecast to be…
The Canadian Dollar stepped higher against the US Dollar on Tuesday. BoC Canadian CPI inflation metrics ticked higher in April. The Loonie continues to roil…
Pound Sterling (GBP) is also entering Tuesday’s NA session unchanged against the US Dollar (USD) and stuck within a flat channel at the upper end…
USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish…
The Australian dollar has rallied rather significantly during the trading session on Tuesday as it looks like we are betting on the United States dollar…