The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI. The data reaffirms BoJ rate hike bets and boosts the JPY amid…
Bank of Japan Governor Kazuo Ueda said on Tuesday that while the Japanese central bank are now closer to the inflation target than any time during…
European Central Bank (ECB) chief economist Philip Lane said on Friday that they are confident that the service inflation in the Eurozone will continue to…
The US Dollar (USD) managed to reverse part of its recent multi-day pullback on Thursday as investors assessed the stronger-than-expected US business activity readings and…
The accounts of the European Central Bank’s (ECB) April policy meeting showed on Thursday that policymakers had increased confidence that inflation would return to target…
EUR/GBP ended the day higher following UK inflation data for April surprising significantly to the topside, relative to both consensus and BoE estimate, Danske Bank’s…
GBP/USD soars to new yearly high as UK inflation surges, BoE rate cuts in doubt The Pound Sterling (GBP) rose to a new year-to-date (YTD)…
UK CPI climbs to 3.6% YoY in April, well above BoE’s 2% inflation target. Core inflation accelerates to 3.8%, raising doubts over future rate cuts.…
GBP/USD: Inflation shock lifts cable past key resistance – What’s next? UK inflation surprised markets in April, jumping to 3.5%, the highest rate since January…
The Canadian Dollar extends gains against the US Dollar on Wednesday, with USD/CAD falling below 1.3900. BoC rate cut expectations fade as underlying inflation remains…