Shocks driving UK’s high inflation will fade
[ad_1] In an op-ed published in The Times, Bank of England (BoE) policymaker Swati Dhingra argued that shocks driving the…
Category: Forex News
Could target ascending channel’s upper boundary near 99.00
[ad_1] US Dollar Index may target the initial barrier at the ascending channel’s upper boundary around 98.80. The 14-day Relative…
XAG/USD hits fresh highs at $45,00 ahead of US GDP
[ad_1] Silver bounced and resumed its uptrend on Thursday to hit fresh long-term highs at $45.00. Safe-haven demand amid ongoing…
AUD/USD wobbles around 0.6600 ahead of key US data release
[ad_1] AUD/USD trades sideways around 0.6600 ahead of the release of the US data. Investors will closely monitor the US…
USD/CAD remains steady near 1.3900 with US GDP data on focus
[ad_1] The US Dollar retreated from highs above 1.3900 against the CAD, but remains steady above 1.3885. Investors have remained…
EUR/USD wavers within range with all eyes on US GDP, further Fedspeak
[ad_1] The Euro wavers near 1.1730 lows following a 0.6% reversal on Wednesday. Weak Eurozone data and a cautious Fed…
Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
[ad_1] Banco de Mexico (Banxico) reduced its main reference rates by 25 basis points as expected, to 7.50% with not…
USD/JPY clings to gains near 149.00 ahead of US Initial Jobless Claims data
[ad_1] USD/JPY trades firmly around 149.00 ahead of the US data-jammed New York session. Initial Jobless Claims are expected to…
Pound Sterling struggles against US Dollar ahead of US data-packed session
[ad_1] The Pound Sterling struggles around 1.3450 against the US Dollar ahead of US Q2 GDP, Initial Jobless Claims and…
No material evidence of tariff-driven inflation
[ad_1] Federal Reserve (Fed) Governor Stephen Miran told Fox Business on Thursday that other policymakers are more concerned about tariffs…