EUR/USD Gets a Boost After Upbeat Eurozone PMIs
EUR/USD continued to strengthen after the release of robust German and Eurozone PMI reports.
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By Katie Oliver
EUR/USD continued to strengthen after the release of robust German and Eurozone PMI reports.
By Katie Oliver
The US dollar Index moved slightly higher immediately after the release of the Producer Price Index (PPI) but has now eased.
By Katie Oliver
EUR/USD currency pair remained strong despite the softer than expected German inflation data. The inflation data has been released by the Federal Statistical Office of Germany. The release is important as it will provide fresh insights on the Eurozone economy and affect the ECB’s policy. German inflation report Inflation in Germany, as measured by the…
By Katie Oliver
The US Federal Reserve will announce its interest rate decision later today at 18:00 GMT, while Chair Powell will start his press conference at 18:30 GMT. Markets expect the US central bank to maintain rates unchanged at 5.25%-5.50% and signal a hike in November. This is because the Fed feels that inflation and the labour…
By Katie Oliver
After Monday’s uncertainty, markets remain volatile early Tuesday with investors being cautious ahead of this week’s key central bank meetings.
By Katie Oliver
The pound fell as the Bank of England (BoE) Governor Andrew Bailey stressed that the interest rate hiking cycle was now close to an end.
By Katie Oliver
The South African Rand weakened early on Wednesday, as analysts expect that the Federal Reserve policy meeting later in the day could weaken it further.
By Katie Oliver
The US Consumer Price Index (CPI) figures will be released today on Wednesday at 12:30 GMT by the US Bureau of Labour Statistics (BLS).
By Katie Oliver
The GBP/USD pair has reached a fresh two-week high as there are signs that the Bank of England (BoE) will raise interest rates further.
By Katie Oliver
The key event of the day is the highly anticipated inflation data for May which will be released by the US Bureau of Labour Statistics (BLS) at 12:30 GMT. Leading up to the Consumer Price Index (CPI), the USD has fluctuated after the release of disappointing economic data, particularly due to a mixed May Nonfarm…
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030. Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For clients based in the United Kingdom and rest of the world, payment services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street, London, E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)