US retail sales data on Tuesday revealed a smaller-than-expected increase.
The Fed has projected only one cut this year.
The pound fell ahead of the Bank...
The Reserve Bank of Australia held rates at 4.35% on Tuesday.
Australia’s inflation is at 3.6%, well above the central bank’s target.
Economists expect the US...
The announcement of a snap election in France has caused considerable turmoil in the Eurozone.
The ECB has remained quiet about supporting French markets.
Markets are...
US consumer and wholesale inflation figures came in below estimates.
The Fed forecast only one rate cut this year.
The Reserve Bank of Australia will hold...
UK data revealed a significant jump in monthly unemployment claims.
US data revealed a smaller-than-expected figure for consumer inflation in May.
Fed forecasts at the FOMC...
The USD/JPY outlook weakens as BoJ said it would continue buying government bonds at the current rate.
The dollar was strong due to safe-haven inflows...
Data revealed that US consumer prices remained unchanged in May.
Experts believe the downtrend in inflation could continue as major US retailers slash goods prices.
After...
The dollar plunged on Wednesday after softer-than-expected consumer inflation data.
Fed policymakers projected only one rate cut in 2024.
Data on Thursday showed a bigger-than-expected increase...
Investors have shifted their focus to the upcoming consumer inflation numbers.
Economists are expecting softer US inflation figures this month.
Japan’s service sector sentiment fell in...
The dollar remained strong after the recent surge in Treasury yields.
All eyes are on the Consumer Price Index report and the Fed meeting.
Data from...
There was political tension after French President Emmanuel Macron called for a snap election.
The euro suffered as the dollar rallied after Friday’s nonfarm payrolls...