Browsing: Inflation
The Pound Sterling faces selling pressure near 1.2750 on weak UK preliminary PMI data for May. A slower-than-expected decline in the…
From its 40-year high of 11.1% in October 2022, the headline rate of inflation – the consumer prices index (CPI)…
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted…
The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain.…
Americans owe a collective $1.12 trillion on their credit cards, according to a new report on household debt from the…
USD/JPY rises to 156.50 with eyes on crucial US inflation readings. Investors expect that the fed will start lowering interest…
By Ankur BanerjeeSINGAPORE (Reuters) -The dollar was steady on Tuesday as investors awaited the crucial inflation report this week that…
24 Mins AgoFed’s Jefferson backs ‘restrictive’ interest rate policyFederal Reserve Vice Chair Philip Jefferson backed the central bank’s current stance…
An Hour AgoEuropean banks hit a nine-year highEuropean banking stocks hit a nine-year high on Monday, rising past 202, on…
EUR/USD consolidates around 1.0770 after correcting from 1.0800 as investors expect the ECB to reduce interest rates from June. ECB…