The Dollar Index softens as Fed speakers signal a dovish tilt, while tensions in the Middle East rise. Fed speaker Michelle Bowman signals potential cut…
XAU/USD trades at $3,386, extending rally on Fed rate cut speculation. US jobless claims top 240K for second week; inflation cools. Israel reportedly weighing military…
EUR/USD advances as lower US inflation sparks calls for aggressive Fed rate cuts. Trump urges full percentage point cut in Fed funds rate post-CPI. ECB…
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…
Sterling is fractionally softer on this morning’s UK labour market data for April and May, ING’s commodity experts Ewa Manthey and Warren Patterson note. BoE…
As expected, the ECB lowered its interest rates by another 25 basis points to 2.0% yesterday. However, the exchange rate only really started to move…
The ECB is widely expected to cut rates by 25bp today. This will take the deposit rate to 2.00%. The market currently prices a further…
EUR/USD faces selling pressure above 1.1400 as the US Dollar rebounds on increased hopes of a quick bilateral trade deal between the US and the…
Early tomorrow morning (European time), the Reserve Bank of New Zealand (RBNZ) will announce its decision on interest rates. All of the economists surveyed by…
Solid March retail sales and Q1 GDP ease recession fears, reinforcing support for MXN. Stronger-than-expected price data prompts markets to dial back expectations for near-term…