Forex

Preliminary Eurozone CPI rose 0.4% M/M and 2.4% in the year—in line with expectations but up from November’s 2.2%, Scotiabank’s Chief FX Strategist Shaun…

Soft demand for a 30-year Gilt auction today helped drive UK rates a little higher overall. The 30Y yield reached the highest since 1998 while 10Y yields…

US ISM Services PMI in the US rose more than expected in December. US Dollar Index turns positive on the day near 108.50. The economic activity in the US…

Job openings in the US rose above 8 million in November. US Dollar Index stays in positive territory slightly above 108.50. The number of job openings on…

GBP/USD reaches new peak after Trump advisors hint at targeted tariffs, weakening the US Dollar despite strong US data. US Services PMI and JOLTS job…

EUR/USD inches lower to 1.0370 on Tuesday after repeated rejections at the 20-day SMA. The RSI rises to 45, suggesting improving momentum but still hinting…

GBP/USD retreats below 1.2500 on strong US Services PMI, JOLTS data The Pound Sterling rose to a new four-day peak of 1.2575 on Tuesday after posting its…

EUR/USD is back to square one this Tuesday after a failed attempt to break higher in European trading earlier. European inflation came in hot in several…

Oil prices also benefited from the price hike by Saudi Arabia, Commerzbank’s commodity analyst Carsten Fritsch notes.Price reduction in the previous month is…

The Greenback is softening on the back of US tariff plans headlines.  A Fed interest rate cut in January is out of the cards at the moment, while the ECB…