UK CPI rises 0.5% YoY in May vs. +0.5% expected. Monthly UK CPI arrives at 0% in May vs. 0% expected. GBP/USD heads back towards 1.2587 on the data release. The UK Consumer Prices Index (CPI) 12-month rate cam...
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +0.1% in May, meeting expectations of +0.2% and +0.3% previous. The headlines inflation hit the lowest since June 2016...
German ZEW Economic Sentiment arrived at 51.0 May vs. 32.0 expected. Eurozone ZEW Economic Sentiment stood at 46.0 in May vs. -12.1 expected. EUR/USD keeps highs above 1.0950, ignores mixed numbers. The German...
EUR/GBP rally from 0.8700 consolidates at six-week highs above 0.8900. Pound underperforms on Brexit tensions and COVID-19 consequences. The sterling will continue weakening until the Brexit situation clarifies...
USD/CAD gains traction after finding support near 1.4000. Crude oil recovery on EIA data remains short-lived. US Dollar Index climbs into positive territory above 100. The USD/CAD dropped to a daily low of 1.4...
US dollar consolidates losses across the board, DXY drops to 99.68. US annual inflation tumbles to lowest since October 2015, markets ignore data. The EUR/USD pair peaked at 1.0884, the highest level since May...
NZD/USD rises on broad-based USD weakness on Tuesday. Greenback struggles to find demand, US Dollar Index drops below 100. RBNZ is expected to keep its policy rate unchanged at 0.25%. After staying relatively ...
EUR/GBP is breaking to fresh May highs vs. the pound. Resistance is seen near the 0.8850 price level. EUR/GBP four-hour chart EUR/GBP broke above the 0.8800 level and the main SMAs on the four-hour char...
US dollar prints fresh highs across the board, DXY up by 0.55%. Loonie retreats as crude oil erases gains and on risk aversion. The USD/CAD broke above 1.4015 and climbed to 1.4042, reaching a fresh daily high...
USD/JPY rises for third straight day on Monday. Broad-based USD strength keeps USD/JPY’s bullish momentum intact. 10-year US Treasury bond yield posts modest daily gains. After dropping below the 106 han...
