Category: Forex

US Dollar: Hot CPI keeps Fed cautious – Danske Bank

Danske Research Team highlights that United States (US) Consumer Price Index (CPI) data showed strong core and services inflation,...

Euro extends losses below 1.1700 as Eurozone data disap...

The Euro (EUR) extends losses against the Dollar (USD) for the second consecutive day on Wednesday, trading below 1.1700 at the ti...

Euro reversal against British Pound nears 0.8650 after ...

The Euro (EUR) is showing one of the weakest performances among the G8 currencies on Wednesday, and extends its reversal against t...

ECB's Muller: Fast Hormuz solution needed to hold in Ju...

European Central Bank (ECB) policymaker Madis Muller said on Wednesday that a fast resolution in the Strait of hormuz is needed fo...

ECB to hike interest rates in June – Reuters poll

According to a Reuters poll, the European Central Bank (ECB) will hike the deposit rate by 25 basis points (bps) to 2.25% in June,...

United States MBA Mortgage Applications up to 1.7% in M...

United States MBA Mortgage Applications up to 1.7% in May 8 from previous -4.4%

ECB’s Rehn: Monetary policy should not be based on oil ...

European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn said during European trading hours on Wednesday t...

Fed’s Goolsbee: Don't think Fed independence is going a...

Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, said that without central bank independence, inflation wi...

US Dollar Index jumps after hot US CPI data reinforces ...

The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, climbs to a five-day high ...

India : Narrow demand response weighs on GST – Societe ...

Kunal Kundu of Societe Generale argues that India’s Goods and Services Tax (GST) data and Index of Industrial Production (IIP) fig...

ECB's Nagel: We still have quite a bit of inflation ahe...

Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB), told Handelsblatt on Tuesday that ECB ra...

Gold price sinks as hot CPI, Oil surge crush Fed cut be...

Gold (XAU/USD) price falls more than 1% on Tuesday as US inflation came in hotter than expected, prompting investors to price out ...