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The British pound is relatively strong to start BOE week. With no change to interest rates expected, traders will key in on the BOE’s vote split and economic forecasts. GBP/USD is consolidating...
German inflation is cooling more than expected. According to preliminary estimates for October, price growth slowed to 3.8% y/y - the lowest in more than two years - and well below the expected...
The EUR/USD pair is currently trading without significant momentum, hovering around the 1.0560 level. This week promises a flurry of critical data that could potentially sway the currency...
On Friday, the Nigerian naira (NGN) was the best-performing currency among the 20 global currencies we track, while the Russian rouble (RUB) showed the weakest results. The Japanese yen (JPY) was the...
Markets are calm and stable today, despite some risk-off flows at the end of last week. However, there are holidays this week in some of the countires so this can change some flows in the mid- week,...
Fed expected to keep rates on hold despite robust US GDP/personal consumption/spending data The monthly pace of core inflation ticked higher October’s PCE reading however is expected to cool...
ECB holds rates, as expected US to release Core PCE Price Index The euro is having a quiet day. In the European session, EUR/USD is trading at 1.0547, down 0.15%.ECB Holds Rates at 4.0%There...
On Thursday, the Mexican peso (MXN) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The New Zealand dollar (NZD)...
EURUSD switches back to losses after touching resistanceTechnical signals weaken but bears not in control yetEURUSD was harshly pressured after touching its 50-day exponential moving average (EMA),...
ECB expected to pause at today’s meeting The euro continues to lose ground and has fallen over 1% since Monday. In the European session, EUR/USD is trading at 1.0545, down 0.19%.Will the ECB...
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