Euro Area Inflation Eases, Reducing Urgency for ECB Action: Nordea
The euro area is witnessing a moderation in inflationary pressures, a development that analysts at Nordea believe lessens the immediate urgency for the
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Forex News
Gold Price Forecast: XAU/USD Hovers Near YTD Lows at $3,941 as Rising US Yields Weigh
Gold prices are trading near their year-to-date lows on Tuesday, with XAU/USD hovering around the $3,941 mark, as a sustained rise in US
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ISM Manufacturing PMI Set to Confirm Ongoing Expansion in US Factory Sector
The upcoming release of the Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) is expected to reaffirm that the US manufacturing
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Sterling Today: Pound Subdued as Dollar Holds Firm Ahead of Warsh Remarks
The British pound traded in a narrow range against the U.S. dollar on Tuesday, struggling to gain momentum as the greenback held steady
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US Job Cuts Decline to 45,849 in June, Labor Market Shows Mixed Signals
The number of planned job cuts by U.S. employers fell to 45,849 in June 2025, according to the latest report from Challenger, Gray
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ECB’s Wunsch: Stronger Second-Round Effects Needed to Justify Further Rate Hikes
European Central Bank Governing Council member Pierre Wunsch has indicated that the central bank would require evidence of stronger second-round effects from inflation
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Dollar Holds at One-Year Highs as Euro Inflation Cools; Yen Edges Into Intervention Zone
The US dollar strengthened to its highest level in over a year against a basket of major currencies on Tuesday, fueled by a
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US Mortgage Applications Stall as Weekly Data Shows Zero Growth
The Mortgage Bankers Association (MBA) reported that mortgage application volume in the United States remained unchanged for the week ending June 26, registering
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Eurozone Inflation Cools Faster Than Expected to 2.8% in June, Raising Hopes for ECB Pause
The Eurozone’s flash Harmonised Index of Consumer Prices (HICP) for June came in at 2.8% year-on-year, a sharper-than-expected deceleration from May’s 3.1% reading.
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UK Economy Gains Momentum: NIESR GDP Estimate Rises to 0.933% in May
The United Kingdom’s economic growth trajectory improved in May, with the National Institute of Economic and Social Research (NIESR) GDP estimate rising to