Uncertainty Around ECB Rate Meeting Highlights EUR/USD, US CPI to Keep the Dollar Bid? لینک منبع : هوشمند نیوز
EUR/USD ANALYSIS EUR struggles to capitalize on recent Fed speak. US CPI and ECB rate decision the key risk events for next week. Falling wedge breakout could bring some hope for euro bulls. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROP The euro is back on the defensive this Friday after
Share: Polish central bank cuts interest rates deeper than expected, draws criticisms. Politics appear to be influencing central bank action rather than the economy. Polish inflation is still in double-digit territory despite recent declines. The USD/PLN is pushing higher following an interest rate cut from the National Bank of Poland (NBP), sending the
Share: The Pound Sterling faces significant pressure as the BoE appears to be reluctant to raise interest rates further. BoE Swati Dhingra said that the current interest rate policy is sufficiently restrictive. The UK services sector shrinks after six months of expansion as consumer spending weakens. The Pound Sterling (GBP) cracked significantly amid
© Reuters Investing.com– Most Asian currencies moved in a tight range on Thursday, while the dollar steadied near six-month highs as signs of sticky U.S. inflation spurred continued concerns over a hawkish Federal Reserve. Weak economic data from China also dented sentiment towards Asian markets, with both and in the country continuing to decline through
The decision was expected by markets: From RBC’s response, analysts at the bank note that while headline CPI has slowed, the BoC’s preferred core measure remains persistently above the 2% target. Inflation is likely to gain in the near term: Wage growth is still high oil prices higher in recent weeks RBS note that rates
USD/CAD apprehensively awaits the BoC rate announcement & US ISM services PMI while negative divergence develops on the daily chart. لینک منبع : هوشمند نیوز
With the US shut for Labour Day holiday, European indices were largely subdued overnight on some wait-and-see, failing to tap on gains in the earlier Asian session. European bond yields edged slightly higher, largely following through from last Friday’s moves. Despite the softer read in the recent US jobs report, the resilience in US Treasury
Share: Pound Sterling attempts recovery from below 1.2600 but still remains fragile as factory activities weaken further. UK factory activities dropped to 43.0, the lowest reading in the past 39 months. The BoE is expected to raise interest rates consecutive for the 15th time this month. The Pound Sterling (GBP) strives for a
On Tuesday [05/09], the Reserve Bank of Australia will make a decision on interest rates, which are expected to remain unchanged for the third consecutive month. Weaker economic growth makes the RBA likely to be more cautious this time around. GDP figures due to be released on Wednesday [06/09] will show whether growth slowed or
