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Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders n...
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD)...
Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of t...
United States Initial Jobless Claims dropped to 226K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 226K for the week ending J ...
Canada Industrial Product Price (MoM) below expectations (1.8%) in May: Actual (1.2%)
Canada Industrial Product Price (MoM) below expectations (1.8%) in May: Actual (1.2%)
Canada Raw Material Price Index registered at 0.7%, below expectations (1.1%) in May
Canada Raw Material Price Index registered at 0.7%, below expectations (1.1%) in May
Euro area: ECB hikes see limited regional follow-through – BNY
BNY’s Bob Savage observes that recent ECB hikes have found few followers among other European central banks, with the BoE, SNB, Norges Bank and Riksbank all on hold. Inflation concerns remain largely ...
Euro: Range floor holds into ECB decisions – ING
ING’s Chris Turner argues EUR/USD’s test of 1.1500 after the hawkish FOMC is unlikely to extend much lower, with 1.14/1.15 seen as the summer range floor given ING’s view that the Fed will not hike.
Swiss National Bank's Martin anticipates inflation to remain elevated over coming quarters
Swiss National Bank (SNB) Vice Chairman Antoine Martinis is speaking at the press conference following the June monetary policy assessment, in which the central bank held interest rates unchanged at 0 ...
Eurozone Current Account s.a came in at €15.7B, below expectations (€18.5B) in April
Eurozone Current Account s.a came in at €15.7B, below expectations (€18.5B) in April
WTI Oil dips to fresh three-month lows sub-$74 amid Middle East peace hopes
Crude Oil prices drift lower on Thursday, weighed by hopes of a US-Iran peace agreement and the reopening of the key Strait of Hormuz. The price of the US benchmark West Texas Intermediate (WTI) barre ...
Japanese Yen: Near intervention levels as Dollar climbs – Deutsche Bank
Deutsche Bank’s report highlights that the Japanese Yen has weakened to a post‑2024 low against the Dollar, though its decline was smaller than other G10 currencies.
British Pound remains on the defensive as investors await BoE’s decision
The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday.
United Kingdom Unemployment Rate falls to 4.9% in April: What it means for the British Pound
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.9% in the three months to April after reporting 5.0% in the previous reading, data published by the Office for National Statistics (ONS) showe ...
United Kingdom ILO Unemployment Rate (3M) registered at 4.9%, below expectations (5%) in April
United Kingdom ILO Unemployment Rate (3M) registered at 4.9%, below expectations (5%) in April