May 27, 2025 10:10 am
Key Moments: France’s harmonized inflation rate dropped to 0.6% year-over-year in May. Weaker French inflation figures intensified market expectations of further interest cuts being imposed by the ECB in 2025. The EUR/USD fell to 1.1349. French Inflation Falls Below Expectations Preliminary figures from France’s National Institute of Statistics and Economic Studies (INSEE) released Tuesday showed […]
Read moreMay 27, 2025 7:34 am
Key Moments: The yen surrendered earlier gains against the dollar on Tuesday, with the USD/JPY jumping 0.6% to 143.66. The 30-year JGB yield dropped 12.5 basis points to 2.91%, hitting its lowest level since May 14th. Meanwhile, the 40-year yield fell to 3.435%. Japan’s Ministry of Finance is reportedly considering reducing the issuance of long […]
Read moreMay 27, 2025 6:45 am
Key Moments: The Aussie fell to 0.6481 on Tuesday after climbing to a six-month high yesterday. According to market expectations, the probability of another RBA cut in July stands at 65%. The USD rose following news of a temporary suspension of Trump’s 50% tariffs on the European Union. Australian Dollar Under Pressure Amid Rising USD […]
Read moreMay 25, 2025 5:08 pm
The GBP/SGD currency pair settled below Friday’s high of 1.7397, its strongest level since May 2nd, after Singapore’s CPI data and a stronger-than-anticipated UK retail sales growth. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April compared to March, beating economists’ forecasts of a 0.3% […]
Read moreMay 25, 2025 2:22 pm
The GBP/SEK currency pair settled above recent low of 12.8138, its weakest level since May 8th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 25, 2025 11:28 am
The GBP/NOK currency pair settled above recent low of 13.5828, its weakest level since April 4th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 25, 2025 9:56 am
The GBP/CHF currency pair settled above recent low of 1.1037, its weakest level since May 9th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 24, 2025 5:25 pm
The EUR/SGD currency pair settled below recent high of 1.4646, its strongest level since May 8th, after Singapore’s CPI data and as Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed […]
Read moreMay 24, 2025 2:44 pm
The EUR/SEK currency pair settled above Friday’s low of 10.7986, its weakest level since April 4th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 12:24 pm
The EUR/NOK currency pair settled above Friday’s low of 11.4451, its weakest level since April 4th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
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