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The Australian dollar is showing limited movement on Thursday. In the European session, AUD/USD is trading at 0.6496, up 0.07%.Australian Job Growth FlatlinesAustralia’s employment report was...
UK GDP -0.3% in Q4 and -0.1% in December BoE not concerned about recession GBP/USD momentum fading near February lows? The UK fell into recession in the second half of last year after GDP figures for...
Aussie Rebounds, Employment Data LoomsThe Australian dollar is in positive territory on Wednesday. In the North American session, AUD/USD is trading at 0.6488, up 0.54%. The Australian currency slid...
UK inflation unchanged in January Markets expect BoE rate cut in Q2 GBP/JPY pares gains after hitting 8.5 year high UK inflation data this morning will have been a welcome surprise for the Bank of...
US inflation report hits gold Fewer Fed rate cuts priced into markets A loss of major technical support US inflation data finally took its toll on gold which, after holding strong above $2,000 this...
The New Zealand dollar has declined after New Zealand inflation expectations decelerated in the fourth quarter. In the European session, NZD/USD is trading at 0.6114, down 0.25%. The New Zealand...
UK wage growth key to BoE sustainably hitting inflation target GBP/JPY struggling near recent highs Divergence points to loss of momentum The coming days offer several important data points for the UK...
The British pound is showing limited movement at the start of the week. In Monday’s North American session, GBP/USD is unchanged at 1.2629.Bank of England Governor Andrew Bailey will speak at a...
Will ECB policymakers leave the door open to a March rate cut? UK data eyed amid division at the BoE Eurozone GDP may leave bloc on the brink of recessionThe eurozone appears to have avoided a...
US jobless claims no longer trending lower Canadian unemployment expected to rise again USD/CAD running low on momentum near key resistance The US dollar has performed well recently, buoyed by some...
EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%.German inflation expected at 0.2%Germany’s CPI is expected at 0.2% m/m on Friday,...
The Japanese yen is down sharply on Thursday. In the European session, USD/JPY is trading at 149.12, up 0.64%. This is the yen’s lowest level against the US dollar since November 27.BoJ’s...
OANDA Senior Market Analyst Craig Erlam discusses the breakout seen in GBP/USD after last week’s US jobs report and gives his updated analysis of the chart. Original Post
The Australian dollar has edged lower after China posted a soft inflation report. In the European session, AUD/USD is trading at 0.6509, down 0.18%.The new year hasn’t brought much cheer to the...
Fed policymakers sticking to the script US data continues to point to a strong economy Fib rebound may suggest we’ve seen a correction in GBP/USD It isn’t the busiest week as far as UK and...
New Zealand’s unemployment rises, wages ease The New Zealand dollar is drifting on Wednesday, after jumping 0.73% a day earlier. In the North American session, NZD/USD is trading at 0.6104, up...
Traders pare rate cut expectations after strong US data UK households remain cautious with spending in December GBP/USD breaks quadruple top neckline The US economy is going from strength to strength,...