Industrial Production in the US declined by 0.2% in May. The US Dollar Index holds steady at around 98.00 after the data. Industrial Production in…
Retail Sales in the US fell more than expected in May. The USD Index stays in a tight daily range near 98.00. Retail Sales in…
This morning, the Bank of Japan left its key interest rate unchanged at 0.5%. This decision was anticipated by both economists and the market, and…
Pound Sterling (GBP) is expected to trade in a sideways range of 1.3540/1.3620. In the longer run, GBP must first close above 1.3640 before a…
The US Dollar resumed its downtrend at the beginning of the week, revisiting the area of more than three-year lows vs. its rivals as investors…
Euro (EUR) is expected to consolidate in a range of 1.1495/1.1600. EUR surged to 1.1631 last Thursday. In the longer run, upward momentum has slowed…
Following the release of the top-tier China’s May activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Monday. Key…
UK GDP contracted 0.3% MoM in April, missing estimates. GBP/USD pares gains toward 1.3550 after the UK economic data. The UK economy contracted in April,…
The UK Unemployment Rate rose to 4.6% in three months to April. The Claimant Count Change for Britain stood at 33.1K in May. GBP/USD holds…
The Federal Reserve (Fed) Bank of New York noted in its latest Survey of Consumer Expectations that the year-ahead inflation expectation stood at 3.2% in…