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%…
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…
GBP caught a mild bid amid USD weakness, approaching 1.3400. Trade sentiment continues to dominate market attention as traders hope for tariff clarity. UK CPI…
The US Dollar (USD) traded in a negative fashion, extending Monday’s losses and revisiting the area of multi-day lows. Indeed, renewed concerns over the US…
Here is what you need to know on Tuesday, May 20: The Reserve Bank of Australia (RBA) and the People’s Bank of China (PBoC) announced…
NZD/USD edges higher on Monday, but stalls near the previous day’s high. New Zealand’s services sector contracts further in April as the PSI index drops…
AUD/USD struggles to gain any meaningful traction amid mixed fundamental cues. A weaker risk tone caps the Aussie, though a weaker USD lends support to…
WTI kicks off the new week on a softer note, though the downtick lacks bearish conviction. The uncertainty over Iran-US nuclear talks and geopolitical risks…
Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data. Banxico cuts benchmark rate by 50 bps, but Peso holds firm as…
University of Michigan consumer sentiment falls to 50.8, a fresh 2025 low. Inflation expectations rise, with 1-year forecast jumping to 7.3%. DXY edges toward 101.00…