Today, the foreign exchange market is awaiting the week’s key data: the US inflation figures for May. Since the beginning of the pandemic, the reasoning…
The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping.…
Australian Gross Domestic Product is foreseen at 0.4% in the first quarter of 2025. The Reserve Bank of Australia is ready to deliver more aggressive…
GBP/USD slips modestly from weekly high as traders await UK GDP The Pound Sterling erases some of its earlier gains on Wednesday after reaching a…
The US Dollar (USD) depreciated significantly yesterday following the weaker-than-expected US inflation data. At first glance, this may seem logical. After all, subdued inflationary pressure…
Australian Treasurer Jim Chalmers said on Wednesday that “the market expects more interest rate cuts after inflation figures.” He added: “(I) don’t see anything…
This afternoon the Mexican statistics office will release the March inflation figures. However, they are unlikely to tell us much new, Commerzbank’s FX analyst Michael…
US Core PCE rises to 2.8%, reinforcing Fed’s inflation concerns and limiting GBP/USD upside near 1.2967. UK Retail Sales beat forecasts, and the economy grows…
The Greenback’s recovery took a breather on Tuesday, allowing some recovery in the risk-associated universe, while tariff concerns remained well in place as well as…
The Greenback made a U-turn, building on Wednesday’s post-FOMC recovery and climbing to weekly highs as investors reassessed the Federal Reserve’s lack of urgency in…