posted by
commodityblog
3 days ago
in USD, EUR, Fundamental
The US dollar fell against the euro today on speculations that the Federal Reserve will maintain its stimulus program. The currency edged higher versus the Great Britain pound and the Japanese yen.
posted by
GAINSY
3 days ago
in GBP, Fundamental
The pound has come under pressure after the weaker than expected inflation reading for April earlier this morning. Headline CPI fell to 2.4% (expectations were for a decline to 2.6%, from 2.8% in March). This is the lowest level since September 2
posted by
GAINSY
3 days ago
in USD, Fundamental
The market yesterday was a write-off in terms of price action, as a few sovereign nations managed to squeeze in a national holiday in parts of Europe and in Canada. This week's US fundamental highlight will be delivered tomorrow - the FOMC Minute
posted by
GAINSY
3 days ago
in USD, GBP, Fundamental
The royal pound fell to a six-week low against the dollar on Tuesday after data showed U.K. inflation slowed more than economists forecast in April, before of the Bank of England releases minutes of its May meeting on Wednesday.
posted by
GAINSY
3 days ago
in Fundamental
RBA minutes: rate cut appropriate to boost growth; subdues growth & inflation provided room to cut rates; AUD high by historical standards...
posted by
GAINSY
3 days ago
in USD, GBP, Fundamental
U.K. inflation retreated to 2.4% in April., the lowest level in seven months, coming back near the bank's target, while pound drops versus dollar on expected further calls for stimulus expansion.
posted by
GAINSY
3 days ago
in Fundamental
'The consolidation of public finances will follow the objectives that have been clearly set' -Slovenia's finance ministry
posted by
GAINSY
3 days ago
in USD, Fundamental
On Monday, EUR/USD drifted cautiously higher. There was very little important news to guide the price action. There were hardly any data in the US or in Europe. So, the focus was on the Fed exit debate. Markets are awaiting the appearance of Fed'
posted by
GAINSY
3 days ago
in Fundamental, Inflation
The risk appetite remained limited overnight as Fitch warned that the slow growth in Europe and US may negatively impact the ratings. The Nikkei 225 added 0.05%, Hang Seng lost 0.5%, while Shanghai’s Composite, Taiex and Kospi index remained litt
posted by
GAINSY
3 days ago
in Fundamental
Moody's Investors Service sent a new vibe of pessimism over the U.S. sovereign credit rating yesterday, urging policymakers to address rising debt limit to dodge a 2013 downgrade.
posted by
GAINSY
3 days ago
in Fundamental, Inflation
Market participants continue to anticipate a busy week ahead, with U.S. and Japanese monetary policy decisions, as well as the minutes of the Bank of England`s Monetary Policy Committee latest meeting.