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Forex
US President Donald Trump expands 50% tariffs to appliances starting June 23 – Reuters
A range of imported household appliances, including dishwashers, washing machines, refrigerators, and more will be subject to US President Donald Trump’s…
AUD/USD holds gains as RBA, Fed expectations drive price action
Australian inflation expectations rise, increasing the likelihood that the RBA may hold back on additional rate cuts.Inflation trends in the United States…
Canadian Dollar lurches into new highs amid Greenback weakness
The Canadian Dollar gained fresh ground against the US Dollar on Thursday.Softer-than-expected US PPI inflation data pushed the Greenback lower as Fed rate cut…
EUR/USD rockets to near 3-year high as US PPI cools, tariff jitters bruise USD
US PPI and CPI undershoot, reinforcing disinflation narrative and hammering the Greenback.Trump’s unilateral tariff threat deepens US Dollar rout and stokes…
Dow Jones Industrial Average holds onto high ground post-PPI inflation
The Dow Jones pushed back up into the 43,000 region after upbeat PPI inflation print.Market expectations of Fed rate cuts later this year have roared back to…
Pound Sterling Price News and Forecast: GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD extended its gains on Thursday following the release of another inflation report…
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD advances on Thursday, boosted by US PPI figures and jump on Initial Jobless Claims.UK GDP shrank 0.3% in April, biggest monthly drop since late…
USD/INR pares earlier gains after softer US PPI data for May
USD/INR edges slightly higher on Thursday after a four-day losing streak..US tariff threats make a comeback as US President Trump threatens to send letters to…
Chewy’s Q1 earnings beat estimates, active customer sales increase Y/Y
Key takeaways
CHWY's Q1 net sales rose 8.3% year over year to $3.12B, led by strength across customer segments.
Hardgoods sales rose 12.3% on better…
Gold surges as US PPI inflation data slows, USD remains weak
US Producer Price Index (PPI) data for May slowed, increasing the prospects of a Fed rate cut in September.Tensions between Iran and Israel boost the appeal of…