UK GDP decreased 0.1% MoM in January, missing estimates by a wide margin. GBP/USD drops toward 1.2900 after the UK economic data. The UK economy…
EUR/GBP could face further depreciation as the Euro weakens amid an escalating US-EU trade war. President Trump threatened a 200% tariff on all European wines…
GBP/USD maintains its position near the four-month high of 1.2989 reached on March 13. Risk sentiment weakened after President Trump threatened a 200% tariff on…
GBP/USD holds steady near 1.2950 as traders brace for UK GDP data The Pound Sterling stayed firm at nearly 1.2950 against the Greenback on Thursday following the…
The Japanese economy witnessed a growth of 0.6% QoQ in the quarter to December of 2024, missing the preliminary reading of 0.7%, the final reading released by…
The Australian Dollar strengthens as the US Dollar weakens amid rising concerns over slowing US economic growth. Australia’s Gross Domestic Product grew by 0.6% QoQ…
Australia’s Gross Domestic Product (GDP) grew 0.6% QoQ in the fourth quarter (Q4) of 2024 compared with the 0.3% growth in the third quarter, the Australian Bureau…
USD/CAD falls slightly after the release of the US PCE inflation data for January and the Canadian Q4 and December GDP data. The US core…
The Indian Rupee softens in Friday’s Asian session. Month-end USD demand and persistent foreign fund outflows weigh on the INR. Traders await India’s Q4 GDP…
US Dollar Index DXY jumps above 107.00 after a hotter-than-expected inflation component in GDP data. CME FedWatch Tool now shows a near 35% probability that…