EUR/USD Price Analysis: Euro Steadies as French Elections Loom
The dollar fell ahead of more inflation data from the US. The euro could end the month with a loss of 1%. Markets will pay attention to Thursday's presidential debate.…
The dollar fell ahead of more inflation data from the US. The euro could end the month with a loss of 1%. Markets will pay attention to Thursday's presidential debate.…
BoC Governor Tiff Macklem said the economy could grow as inflation eases. Traders have a 72% chance of another Bank of Canada cut in July. Economists expect data from the…
Economists believe that a rate cut in the UK is imminent. UK sales rose 2.9% in May after falling 1.8% in April. Market participants await the US PCE price index…
The yen lost 1.4% against the dollar in June. The Bank of Japan has refrained from raising interest rates further due to weak economic demand. Investors are gearing up for…
The Reserve Bank of Australia kept rates on hold but discussed the possibility of a hike. The US released data showing weaker-than-expected retail sales. Business activity data revealed stronger-than-expected expansion…
US retail sales were weaker than expected, pointing to lower consumer spending. US continuous claims hit new highs, pointing to increased unemployment. Canada will release data on inflation and GDP,…
Initial US jobless claims fell from 243,000 to 238,000 last week. The probability of a Fed tapering in September fell to 58%. The Swiss National Bank cut interest rates for…
The Swiss National Bank lowered interest rates on Thursday. The Bank of England kept rates at 5.25% after inflation data the previous day revealed a drop to 2%. BoE policymakers…
The dollar was higher on Thursday after weak trading in the previous session. The Fed remained somewhat hawkish despite the recent shift in economic data. API data revealed a rise…
UK headline inflation returned to the 2% target for the first time in around three years. Economists expect the BoE's first rate cut in August and at least two more…