US inflation alerted the market by jumping to the 13-year high in April, primarily due to rising costs in airfare, used cars and lodging costs such as hotels. CPI jumped 4.2% on a YoY basis, well beyo...
British pound rose aggressively and jumped to its 10-week high against USD, due to a wave of optimism after Scotland elections. GBPUSD currently trades at around 1.4119. The Scottish National Party, o...
USD languished at around 10-week low as investors bet that the Fed would maintain its loose monetary policy due to the less optimistic job market. The five-year breakeven inflation rate, which measure...
USD fell to its lowest level in more than two months on Friday after the US nonfarm payrolls shocked the market with significantly lower figures. Currently, DXY Index is trading at around 90.27, and t...
• GBP takes back losses against USD after BoE announced changes on bond buying • USD under pressure ahead of non-farm payrolls due to rising risk appetite • Reuters poll: CAD likely to give back some ...
• GBPUSD holds gains ahead of BoE decision and Scottish election • GBPEUR rises as UK car sales rebound in April • US ADP Payrolls landed impressively at 742k despite slightly missing the forecast GBP...
USD rallies after Yellen’s comments on rates Stocks and gold suffered due to USD’s strengths EURGBP falls sharply as UK manufacturing PMI hit a record high USD hit a two-week high on Tuesday after US ...
USD trades steadily traders eyeing on central banks’ announcements US national factory activity index went down due to rising prices on commodities EUR temporarily up followed by swift decline based o...
• Last week recap: USD edged higher on Friday and ended consecutive weekly losses, Eurozone Q1 GDP shows the economy technically in recession • This week ahead: RBA and Bank of England monetary policy...