Retail Sales in the US rose slightly in April. The US Dollar Index stays under modest bearish pressure below 101.00. Retail Sales in the United…
USD is likely to trade in a sideways range of 145.70/147.50. In the longer run, upward momentum has dissipated; USD is expected to consolidate in…
Quarterly GDP for the UK rose 0.7% in Q1 2025 vs. 0.6% estimate. UK GDP arrived at 0.2% MoM in December vs. 0% forecast. GBP/USD…
“The UK labor market has been more resilient than expected,” Bank of England (BoE) policymaker Catherine Mann said on Wednesday. Additional quotes Worried that household…
USD/CAD drifts lower to 1.3925 in Wednesday’s early Asian session. US CPI inflation declined to 2.3% in April, cooler than expected. Optimism from US-China trade…
Germany’s ZEW Economic Sentiment Index bounced back to 25.2 in May. EUR/USD consolidates recovery gains above 1.1100 after German and Eurozone ZEW surveys. The headline German ZEW…
The UK Unemployment Rate rose to 4.5% in three months to March. The Claimant Count Change for Britain came in at 5.2K in April. GBP/USD…
Bank of England’s external Monetary Policy Committee member Alan Taylor noted a prevailing sense of precaution and concern among firms, adding that the tariff shock…
China’s Consumer Price Index (CPI) dropped at an annual pace of 0.1% in April after declining 0.1% in March. The market consensus was for a 0.1% decrease…
The Unemployment Rate in Canada rose to 6.9% in April. USD/CAD trades marginally lower on the day near 1.3900. The Unemployment Rate in Canada edged…