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British Pound wavers following overshot UK inflation data, higher public debt
The British Pound (GBP) wavered against the US Dollar (USD) on Wednesday following the release of st...
Sweden Producer Price Index (YoY) climbed from previous 2% to 4.7% in April
Sweden Producer Price Index (YoY) climbed from previous 2% to 4.7% in April
Euro declines below 1.1650 as US-Iran tensions boost US Dollar
The EUR/USD pair declines to around 1.1630 during the early European session on Tuesday. The US dollar (USD) strengthens against the Euro (EUR) as new US strikes dampen peace deal optimism and boost s ...
Mitsubishi Electric to co-develop homegrown physical AI and robotics
WTI Price Forecast: Renewed Mid-East uncertainty supports oil prices; 20-day EMA still a barrier
West Texas Intermediate (WTI), futures on NYMEX, is up 1.8% to near $91.20 during the early European trading session on Tuesday.
Australian Dollar loses ground against Japanese Yen on Middle East uncertainty
The AUD/JPY cross loses momentum to near 113.85 during the early European session on Tuesday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) as Australia’s labor market surprised t ...
ECB’s Schnabel hints at June hike, energy infrastructure damage fuels policy concerns
European Central Bank (ECB) Executive Board Member Isabel Schnabel said on Tuesday, Even if Iran war ended today, policy action is needed given the damage to the energy infrastructure.
Indian Rupee struggles to extend upside due to renewed concerns over US-Iran deal
The Indian Rupee’s (INR) rally against the US Dollar (USD) hits a pause after a four-day winning streak on Tuesday.
Meta's CTO pushes for AI-driven workforce, fewer managers amid layoffs: report
Pound Sterling Price News and Forecast: GBP/USD erodes a part of Monday’s gains
The GBP/USD pair struggles to capitalize on the previous day's strong move up to levels beyond the 1.3500 psychological mark, or a one-and-a-half-week high, and attracts some sellers during the Asian ...
Australia Dodges LNG Disruption as Union Cancels Strike
A strike threat at one of Australia’s biggest LNG facilities, Ichthys, has been averted after the trade union organizing the industrial action reported progress on negotiations with operator Inpex on ...
Japan's MUFG explores take-private or stake sale for Indonesia's Danamon: report
Japan’s core CPI, excluding special factors, climbs 2.8% in April vs. 2.5% rise in March
The Bank of Japan (BoJ) said on Tuesday that Japan's core consumer inflation rate excluding one-off factors, as measured by the Japanese central bank's new gauge, reached 2.8% in April. This figure ex ...