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Dollar consolidates ahead of key inflation release; yen nears intervention
Investing.com via Yahoo Finance UK· 6 days agoThe U.S. dollar edged lower in early European trade Thursday, handing back some of the previous session’s gains, while the Japanese yen fell into intervention territory. The ...
FX daily: Don’t forget policy divergence
The Forex Market· 7 days agoElsewhere, a rate hike in Australia now looks more likely after another hot CPI read, and while the Fed sounds cautious, the ECB’s Rehn has endorsed...
Far right leads first round of France’s parliamentary election
The Forex Market· 2 days agoMarine Le Pen’s far-right National Rally (RN) party is projected to have won 34% in the first round...
Sterling on track for monthly rise versus euro before UK vote
Reuters via Yahoo Finance UK· 5 days agoSterling was on track for its biggest monthly rise versus the euro since January as political...
PCE inflation expected to cool as markets lean towards September Federal Reserve rate cut
The Forex Market· 5 days agoMarkets see a nearly 40% probability that the Federal Reserve will leave the policy rate unchanged...
The economic calendar today features the June European inflation reading
The Forex Market· 1 day agoThe relief rally in the wake of the first round in the French elections shifted in lower gear as the...
USD/INR edges lower as Indian Rupee receives support from expected foreign inflows
The Forex Market· 6 days agoThe Indian Rupee (INR) recovers its recent losses on Thursday due to receiving support from the...
Japanese Yen remains stable due to intervention threat from authorities
The Forex Market· 2 days agoThe Japanese Yen (JPY) holds ground on Monday near its lowest level of 161.28 since 1986.
FX daily: New line in the sand for the Yen may be 165
The Forex Market· 6 days agoThe Riksbank should not change guidance today, and there is a first US presidential debate tonight....
US Consumer Confidence dropped, US Manufacturing goods orders fell, Canada’s and Australia’s...
The Forex Market· 23 hours agoU.S. consumer confidence eased in June amid worries about the economic outlook. The Conference...