The US Treasury Secretary Scott Bessent said in a Bloomberg TV interview that the economy could see lower rates in the current context of tame…
The Euro stands tall, as hopes of trade normalisation keep the safe-haven US Dollar near lows. German CPI is expected to have ticked up following…
Annual inflation in Germany declined to 2% in June from 2.1% in May. EUR/USD stays in daily range slightly above 1.1700. Inflation in Germany, as…
AUD/USD edges higher as TD-MI Inflation Gauge rose 0.1% MoM in June, against a 0.4% previous decline. China’s NBS Manufacturing PMI climbed to 49.7, while…
Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, rose to 2.3% in May…
Dollar Index falls after the Fed’s preferred measure of inflation, the core PCE, rises in May. US Dollar continues to weaken, with the DXY nearing…
S&P 500 marks new all-time high at 6,170. NASDAQ also garners new all-time high on Friday. Rising PCE inflation in May fails to distract investors.…
The Pound Sterling shows strength near 1.3650 against the US Dollar after the announcement of the Israel-Iran ceasefire. Fed’s Powell states that the central bank…
USD/CAD trades near 1.3710 as traders digest Canada’s latest inflation report. Canada’s BoC Core Consumer Price Index (CPI) data for May printed in line with…
European Central Bank chief economist Philip Lane said on Tuesday that there is still some distance to travel in relation to services inflation, per Reuters.…