The US dollar has been pummeled during the trading session on Thursday as PPI came out weaker than anticipated, one day after seeing a very…
USD/CAD remains under selling pressure around 1.3600 in Friday’s early Asian session. US PPI rose 0.1% MoM in May, softer than expected. Rising oil prices…
US PPI and CPI undershoot, reinforcing disinflation narrative and hammering the Greenback. Trump’s unilateral tariff threat deepens US Dollar rout and stokes fresh demand for…
The Dow Jones pushed back up into the 43,000 region after upbeat PPI inflation print. Market expectations of Fed rate cuts later this year have…
GBP/USD advances on Thursday, boosted by US PPI figures and jump on Initial Jobless Claims. UK GDP shrank 0.3% in April, biggest monthly drop since…
Here is what you need to know on Thursday, June 12: Risk sentiment remains sour early Thursday as investors’ take account of the latest trade…
GBP/USD pared previous losses to hold tightly to the 1.3550 level on Wednesday. Mid-tier UK data smattered across the data docket on Thursday. US business-level…
Euro awaits key catalysts as traders eye Tuesday’s G7 meeting, Germany’s PPI, ECB speeches, and Eurozone Consumer Confidence. EUR/GBP tests the 50 and 100-day SMA…
The Pound Sterling moves higher to near 1.3330 against the US Dollar as the Greenback suffers after the release of weak US economic data. The…
Gold boosted by April’s unexpected PPI drop fuels Fed rate cut speculation. Retail Sales slow sharply to 0.1% as tariffs weigh on consumer spending, hinting…