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…
Here is what you need to know on Wednesday, May 21: Pound Sterling (GBP) gathers strength against its rivals early Wednesday following the release of…
The United Kingdom’s Office for National Statistics will publish the April CPI data on Wednesday. Inflation, as measured by the CPI, is forecast to be…
The Canadian Dollar stepped higher against the US Dollar on Tuesday. BoC Canadian CPI inflation metrics ticked higher in April. The Loonie continues to roil…
The US Dollar (USD) traded in a negative fashion, extending Monday’s losses and revisiting the area of multi-day lows. Indeed, renewed concerns over the US…