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Pound Sterling Price News and Forecast: GBP/USD rebounds as US Dollar bulls fade despite hot Core PCE
The Pound Sterling (GBP) advances 0.22% against the US Dollar (USD) on Thursday, even though the US ...
Euro gains as US Dollar retreats despite firm PCE inflation, German sentiment improves slightly
The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar ...
Japanese Yen: Weakens gradually against US Dollar toward 160.75 – UOB
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/JPY as range-bound intraday between 159.90 and 160.40 after a brief spike and reversal, but maintain a slightly positive multi-day stance.
Pound Sterling Price News and Forecast: GBP/USD gains traction to near 1.3390 on Wednesday
The GBP/USD pair trades in positive territory around 1.3390 during the early European trading hours on Wednesday. Markets might turn cautious later in the day ahead of the US May Consumer Price Index ...
Indonesian Rupiah: BI tightening to defend IDR – Commerzbank
Commerzbank’s Charlie Lay reports that Bank Indonesia delivered a surprise off-cycle 25 bp hike to 5.50%, reinforcing its focus on Rupiah stability through higher rates and FX intervention.
Canadian Dollar holds near lows ahead of US CPI, BoC’s monetary policy decision
The Canadian Dollar (CAD) edges up against the US Dollar (USD) on Wednesday, with the USD/CAD pair trading near1.3940 after hitting year-to-date highs at 1.3969 on Tuesday.
Sweden New Orders Manufacturing (YoY) up to 6.3% in April from previous -7.3%
Sweden New Orders Manufacturing (YoY) up to 6.3% in April from previous -7.3%
British Pound gains ground to near 1.3400 ahead of US CPI release
The GBP/USD pair trades in positive territory around 1.3390 during the early European trading hours on Wednesday. Markets might turn cautious later in the day ahead of the US May Consumer Price Index ...
Japanese Yen languishes despite wholesale inflation accelerates in May
USD/JPY flatlines after experiencing volatility, trading around 160.40 during the Asian hours on Wednesday. The pair continues to hold its ground, reflecting a struggling Japanese Yen (JPY) that has f ...
Indian Rupee flattens while flaring US-Iran tensions dampen outlook
The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Wednesday.
EUR/JPY Price Forecast: Strengthens above 185.00, while bullish trend eyes consolidation
The EUR/JPY cross gathers strength to near 185.20 during the early European session on Wednesday. The Euro (EUR) edges higher against the Japanese Yen (JPY) amid expectations that the European Central ...
US CPI data set to show inflation at three-year high in May, backing Fed hawkish tilt
The US Bureau of Labor Statistics (BLS) will publish the May Consumer Price Index (CPI) data on Wednesday. The report is expected to show another step up in consumer inflation, driven by the persisten ...
Swiss Franc remains subdued as traders adopt caution due to Middle East concerns
USD/CHF extends its gains for the fourth successive day, trading around 0.7990 during the Asian hours on Wednesday. The pair may further appreciate as the safe-haven demand could support the US Dollar ...
United States Dollar Index posts modest gains to near 100.00 amid rising Middle East tensions
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 100.00 during the Asian trading hours on Wednesday.