EUR/USD Price Analysis: Weak Retail Sales Weigh on Dollar
US sales rose just 0.1% in May compared with expectations for a 0.3% gain. Markets are pricing in a 67% chance of a Fed tapering in September. Economists expect the…
US sales rose just 0.1% in May compared with expectations for a 0.3% gain. Markets are pricing in a 67% chance of a Fed tapering in September. Economists expect the…
UK inflation fell below the BoE's 2% target for the first time in nearly three years. Inflation in the prices of services in the UK increased by 5.7%, which is…
US retail sales data on Tuesday revealed a smaller-than-expected increase. The Fed has forecast just one rate cut this year. The pound fell ahead of the Bank of England's policy…
The Reserve Bank of Australia kept rates at 4.35 percent on Tuesday. Inflation in Australia is 3.6%, well above the central bank's target. Economists expect the US retail sales figure…
The euro remained weak on fears of a financial crisis in France. The loonie rallied on Friday as data revealed a 1.1% rise in factory sales. Expectations for BoC tapering…
The announcement of snap elections in France caused considerable turmoil in the Eurozone. The ECB has remained silent on support for French markets. Markets are still absorbing the Fed's forecast…
US consumer and wholesale inflation data came in below estimates. The Fed has forecast just one rate cut this year. The Reserve Bank of Australia will hold a policy meeting…
Data from Great Britain revealed a significant jump in monthly unemployment claims. US data revealed a lower-than-expected consumer inflation figure in May. The Fed's forecasts at the FOMC meeting showed…
The Bank of Canada last week became the first G7 central bank to cut interest rates. Investors are pricing in a 55% chance the Bank of Canada will cut rates…
The USD/JPI outlook is weakening as the BoJ said it will continue to buy government bonds at the current rate. The dollar was strong due to safe haven inflows from…