Yen Rises on Persistent Inflation, Focus Turns to PMI Data and Canada’s Retail Sales
Japanese Yen rose broadly in today’s Asian trading session following the release of CPI data, […]
GBP/USD Edges Higher as UK Inflation Higher than Expected
UK inflation falls to 10.1%, higher than expected BoE likely to raise rates in May […]
UK CPI Gives BoE Little Choice But to Continue Hike Cycle
Markets With only second tier data on the agenda, yesterday brought a session of order-driven, […]
EUR/USD, GBP/USD Hold Near Resistance Ahead of Euro, UK inflation
EUR/USD, GBP/USD Talking points: Both the EUR/USD and GBP/USD pair are holding near key points […]
UK Labour Data Published This Morning Printed Strong
Markets After a slow start in Europe, core yields gradually resumed last week’s bottoming/rebounding pattern. […]
UK payrolled employment grew 31k in Mar, wage growth maintained in Feb
In March, UK payrolled employment grew 31k , or 0.1% mom. Compared with March 2022, […]
UK job data and Canada CPI in focus, GBP/CAD pressing 55 D EMA
UK employment and Canada CPI data are the major focuses for today. BoE is clearly […]
Bank of England Considering a Major Reform of Deposit Guarantee Scheme
Markets On Friday, (US) bond markets continued building on the post-payrolls trading paradigm that guided […]
U.S. Dollar’s Reserve Currency Status Still Secure
Summary Over the last few weeks, headlines around the U.S. dollar losing its global reserve […]
Weekly Economic & Financial Commentary: FOMC on Path for 25 bps Rate Hike on May 3
Summary United States: Spring Break Is Over On balance, this week’s data show the U.S. […]
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Talking Points: The US Dollar moved down for a test of the 2023 […]
UK CPI slowed to 10.1% yoy, core CPI unchanged at 6.2% yoy
UK CPI slowed from 10.4% yoy to 10.1% yoy in march, above expectation of 9.8% […]