By Wellton Maximo The recent rise in the dollar and uncertainties about inflation and the global economy prompted the Brazilian Central Bank to...
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EURUSD remains firm at 1.0300 in Wednesday’s European session after a strong recovery on Tuesday. The major currency pair consolidates as investors await the US Consumer Price Index (CPI) data for December later in the day. Investors will pay close attention to US inflation as it will influence market speculation for the Federal Reserve’s monetary policy outlook. Month-on-month, headline inflation is estimated to have grown steadily by 0.3%. In the same period, the core CPI – which excludes volatile food and energy items – is expected to have risen by 0.2%, slower than the former release of 0.3%. Economists expect the annual
By Wellton Maximo The recent rise in the dollar and uncertainties about inflation and the global economy prompted the Brazilian Central Bank to...
EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at...
We’re days away from another Bank of Canada interest rate announcement — the first of eight scheduled for 2025 — and though economists were...
The EURUSD major currency pair tumbled to near 1.0420 in Tuesday’s North American session as the US dollar strengthens amid a global sell-off in...
A FORMER Deputy Governor of the Bangko Sentral ng Pilipinas (BSP) has offered a word of caution on the central bank’s plans to further ease monetary...
On Wednesday morning, the Bank of Canada announced an interest rate cut of 25 basis points for their January decision — the first of eight scheduled...
EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision...
Major currency pairs fluctuate in relatively tight ranges early Thursday as investors await the next fundamental catalyst. The US economic calendar...
Economists expect fresh data this week will reveal inflation slowed further in December, paving the way for the Bank of Canada to continue cutting...