Producer inflation in the US continued to softer in April. US Dollar Index stays in negative territory below 101.00. The Producer Price Index (PPI) for…
The pair trades near the 0.5900 zone after trimming intraday losses amid mixed technical signals. Weak US inflation and speculation of a soft-Dollar policy weigh…
USD/CAD trades flat near 1.3950, holding below the 200-day EMA. DXY eases to 100.15 as softer US CPI data fuels rate cut speculation. Canada pushes…
US Federal Reserve (Fed) Vice Chair Philip Jefferson said that recent inflation numbers suggest the Fed is still making headway toward its 2% target. However,…
EUR/USD recovers further to near 1.1250 as the US Dollar suffers after the release of the soft US inflation data for April. US President Trump…
The US Dollar trades on the backfoot on Wednesday for a second consecutive day after softer-than-expected US inflation data. The Korean Won strengthened against the…
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…
The Pound Sterling holds onto gains near 1.3300 against the US Dollar as the Greenback suffers after soft US inflation data for April. The US…
EUR/GBP rises above 0.8415 in Wednesday’s early session. German HICP inflation came in at 2.2% in April. ECB’s Schnabel said the central bank should keep…
USD/CAD drifts lower to 1.3925 in Wednesday’s early Asian session. US CPI inflation declined to 2.3% in April, cooler than expected. Optimism from US-China trade…