EUR/USD Analysis Summary Today Overall Trend: Beginning a bearish inclination. EUR/USD Support Levels Today: 1.1630 – 1.1570 – 1.1500. EUR/USD Resistance Levels Today: 1.1700 –…
Yesterday’s Mexican inflation figures offered little relief: the seasonally adjusted core rate remained roughly consistent with the previous two months, Commerzbank’s FX analyst Michael Pfister…
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…