Inflation

European Inflation: Enough to Resume Slide? The Euro experienced a bit of a relief rebound early on Monday following the election results in France. But uncertainty remains until the second round this weekend. And the data has been…
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XAUUSD holds the $2300 level The yellow metal remains indecisive as upticks in US data see price action under pressure after the recent sell off. A boost in initial jobless claims was balanced by an upwardly revised GDP print that met…
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Central banks the world over are moving towards easing, with the BOJ being the notable exception. The relative timing and the amounts of interest rate cuts will be pivotal in determining how currency prices vary in the medium to long term…
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Last week's UK CPI and the results of the BOE left the pound in a somewhat unique situation. The more pressing matter for traders is trying to figure out if there will be a rate cut at the next meeting. But a broader view of the major…
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USDCHF bounces back The CHF softened as the greenback moved over 100 pips to break the 0.8900 level. After a progressive rally for most of the past month, a sharp turnaround saw buyers step back into the frame. Bulls must clear the next…
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US financial markets are in a bit of disarray at the moment, as there seems to be data pointing in opposite directions. While this uncertainty could be good for the dollar in general, there does seem to be a decided risk-on attitude that…
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Cable is in for a potentially rough couple of days with upcoming economic events. That is, unless a series of particular notes is reached that matches a lot of different expectations. All eyes are on the BOE rate decision on Thursday. But…
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UK Data Barrage: The Pressure is on the BOE The pound has been gaining strength over the last month or so, thanks to several factors. But the most salient could be said to be the upcoming election. It's widely considered that the BOE won't…
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Analysts are expecting May NFP to come in softer once again. After months of underestimating the job creation potential of America, the miss last time around seems to have restored analysts' confidence in providing a downbeat forecast. But…
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Tomorrow could be the biggest data day for forex markets, as we await the key data release from the US for the week. That's because we'll see the release of the US PCE Price Index, the Fed's preferred measure for inflation. The market…
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