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Tag: Retail Sales

Pound Sterling dips as traders bet BoE likely to start rate cuts from June

The Pound Sterling faces selling pressure as the soft inflation outlook prompts BoE rate cut prospects. Weak UK Retail Sales also contribute to a softer...

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GBP/USD Price Rebounds as UK Inflation Remains Hot

The bearish pressure remains high as long as it stays below the median line. A new higher high activates a larger rebound. The price action...

EUR/USD Forecast: Dollar Eases After Impressive Surge

Powell’s speech lacked indications of when rate cuts would begin. The Bank of America revised its outlook and expects the first Fed cut in December...

NZ dollar slips ahead of New Zealand inflation – MarketPulse

The New Zealand dollar is down for a...

Joe Hodas to Succeed Nancy Whiteman as CEO of Wana Brands

BOULDER, Colo. – Nancy Whiteman, co-founder and CEO of Wana Brands, Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, “Wana”) will...

EUR/USD Price Finds Life Amid Upbeat Eurozone Data

Falling to reach 1.06, announced exhausted sellers. The fundamentals should be decisive today. Taking out 1.0665 activates a larger growth. The EUR/USD price is trading in...

USD/JPY Price Analysis: Yen Marks 3-Decade Lows Against Dollar

Data on Monday revealed a bigger-than-expected 0.7% increase in US retail sales. Fed policymakers have gradually lost confidence in their progress toward lowering inflation. Japanese officials...

GBP/USD eyes UK employment release – MarketPulse

The British pound is steady on Monday. In...

EUR/USD holds up around 1.0650 ahead of Eurozone Industrial Production

EUR/USD rebounds from five-month lows despite hawkish tone surrounding the Fed’s monetary policy outlook. ECB member Gediminas Šimkus indicated that there is a probability of...

Pound Sterling hovers near five-month low as geopolitical tensions escalate

The Pound Sterling faces pressure as geopolitical tensions improve the appeal for safe-haven assets. UK’s employment and inflation data will influence speculation over BoE rate...

Japanese Yen remains heavily offered around 154.00, fresh multi-decade low against USD

The Japanese Yen continues to be undermined by the BoJ’s uncertain outlook about future rate hikes. Reduced Fed rate cut bets underpin the USD and...

Australian Dollar maintains mild gains amid a steady US Dollar, Retail Sales eyed

Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...

AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

By Friday, investors were still absorbing the US CPI report. Investors believe the Fed will implement the first rate cut in September. Next week, Australia will...

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