The upcoming release of the US Consumer Price Index (CPI) data for July is expected to show a 2.9% year-over-year increase, slightly lower than June's 3% rise. Core CPI inflation
The United Kingdom (UK) is set to release the Consumer Price Index (CPI) for July, a crucial economic event that directly impacts the Bank of England's monetary policy and the
The US Dollar Index (DXY) continued its downward trend for the third consecutive day as investor sentiment remained positive in the risk-linked complex. All eyes are now on the upcoming
GBP/USD saw a strong increase of three-quarters of a percent on Tuesday as the Greenback weakened due to softer US Producer Price Index (PPI) inflation figures. Despite the rise, UK
On Tuesday, EUR/USD saw a significant gain of over half a percent, driven by a decrease in US Dollar bids after US Producer Price Index (PPI) inflation numbers came in
The USD/CAD pair is facing more downside pressure near 1.3730 as the US Dollar weakens in response to a soft Producer Price Index (PPI) report for July. This decline is
The USD/JPY pair has soared to nearly 148.00 during the European trading session on Tuesday. This increase in value comes as the Japanese Yen weakens due to a significant drop
The EUR/USD pair remains capped below 1.0950 as markets await the release of key US inflation data later this week. With the US Consumer Price Index (CPI) and Producer Price
GBP/USD remained steady on Monday as volatility subsided, paving the way for upcoming inflation data releases. The recent drop in Cable to long-term averages below 1.2700 has calmed down, with
The Canadian Dollar (CAD) faced a challenging start to the week, showing weakness against major currencies while holding steady against the Greenback. Market sentiment is uncertain as investors await the