Annual inflation in Germany remained unchanged at 2.1% in May as expected. EUR/USD stays in daily range below 1.1350 after the data. Inflation in Germany,…
New Zealand Dollar retreats below 0.5950 after rejection at the 0.6000 psychological area. The USD is witnessing short-covering ahead of the US PCE Prices Index…
Yesterday’s dollar rally didn’t last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later,…
EUR/USD trims gains as the US Dollar finds support ahead of the PCE inflation data release. A US federal court reversed the previous day’s sentence…
Here is what you need to know on Friday, May 30: The US Dollar (USD) struggles to gather strength against its rivals following Thursday’s volatile…
The core Personal Consumption Expenditures Price Index is expected to rise 0.1% MoM and 2.5% YoY in April. Markets expect the Federal Reserve to hold…
AUD/JPY loses ground as the Japanese Yen appreciates following Tokyo’s stronger core inflation data. The JPY draws support from safe-haven demand after the US federal…
NZD/USD has trimmed its recent gains following weaker data from New Zealand released on Friday. The ANZ–Roy Morgan Consumer Confidence declined to 92.9 in May,…
GBP/USD rallied to reclaim the 1.3500 handle as US PCE inflation data looms. Tariff turmoil is set to continue weighing on market sentiment after Thursday’s…
The headline Tokyo Consumer Price Index (CPI) for May rose 3.4% YoY as compared to 3.5% in the previous month, the Statistics Bureau of Japan showed on…