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The Australian dollar is sharply lower on Thursday after the Fed policy meeting a day earlier. In the European session, AUD/USD is trading at 0.6514, down 0.78%. Earlier, the Australian dollar dropped...
EUR/USD showed little movement earlier but that changed after German CPI was softer than expected. The euro gained 0.40% in the aftermath of the inflation report but has given back about half of those...
The Australian dollar has lost ground after Australia’s CPI was lower than expected. In the European session, AUD/USD is trading at 0.6578, down o.37%. The Aussie continues to struggle and has...
The euro has edged higher on Tuesday. In the European session, EUR/USD is trading at 1.0850, up 0.16%.German GDP Declines by 0.2%Germany, the largest economy in the eurozone, continues to weigh on the...
Eurozone records zero growth in Q4 UK shop prices rise at a slower pace in January EURGBP rebounds near 2023 lows Economic data confirmed what we already knew earlier today, that the eurozone is not...
The British pound is lower on Tuesday. In the European session, GBP/USD is trading at 1.2680, down 0.23%.UK Shop Inflation Decelerates SharplyInflation in UK shops rose 2.9% y/y in January, compared...
The Australian dollar showed little reaction to the release of Australian retail sales earlier today. In the European session, AUD/USD is trading at 0.6600, down o.15%.Australia’s Retail Sales...
Fed could signal a March rate cut is on the cards Will the BoE forecasts offer any insight on interest rates? Cable continues to consolidate ahead of central bank meetings This is widely expected to...
Fed statement and press conference key this week. US jobs report eyed, wages in particular. EURUSD bearish momentum increases. This could be a pivotal week for the US at the start of what is a huge...
The Swiss franc has edged higher on Monday. In the European session, USD/CHF is trading at 0.8618, down 0.25%.SNB Concerned About Swiss Franc’s SurgeThe Swiss National Bank isn’t shy about...
The euro is in positive territory on Friday. In the European session, trading at 1.0846 in the European session.ECB Maintains Interest RatesTo nobody’s surprise, the European Central Bank left...
The Japanese yen is drifting on Friday. In the European session, USD/JPY is trading at 147.80, up 0.10%.Tokyo Core CPI Falls to 1.6%Tokyo Core CPI reached a significant milestone today, falling to...
US GDP rises 3.3% (annualized) in Q4 A fairytale outcome for the US economy GBP/USD drifts lower US economic data continues to point to an economy that’s doing very well despite the various...
ECB leaves rates on hold Lagarde still eyeing summer rate cut EUR/USD consolidating after correction The European Central Bank left interest rates on hold on Thursday and claimed inflation is...
The euro is showing limited movement on Thursday. In the European session, EUR/USD is trading at 1.0895, up 0.10%.Eurozone PMIs, released on Wednesday, pointed to trouble in the manufacturing and...
US services PMI rises to 52.9, manufacturing PMI hits 50.3 BOC holds rates USD/CAD recovery stalls US economic data was surprisingly strong today, with both the services and manufacturing PMIs...
Eurozone data remains recessionary EUR/USD rebounds after surveys Is it just a corrective rally? The data from the eurozone isn’t improving early in the new year, with the latest PMI surveys all...