ECB’s Cipollone Urges Caution on Rate Hikes Until New Economic Data Arrives
European Central Bank board member Piero Cipollone has advised his colleagues to postpone any further interest rate increases until the institution’s updated economic
Forex News
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EUR/JPY Price Forecast: Bullish Bias Strengthens as Market Eyes 186.00 Breakout
The EUR/JPY currency pair is showing a constructive bullish bias in early trading sessions, with technical indicators pointing toward a potential test of
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AUD/JPY Price Forecast: Pair Slips Below 112.50 as Bearish Momentum Builds
The AUD/JPY currency pair has softened below the 112.50 level during Wednesday’s trading session, with technical indicators pointing to a mildly bearish shift
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Indonesia Inflation Accelerates in June, Beating Market Expectations
Indonesia’s monthly inflation rate rose to 0.44% in June, surpassing market expectations of 0.3%, according to data released by the country’s statistics agency.
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ECB’s Demarco: Central Bank Can Delay Rate Decision Until New Projections Are Ready
The European Central Bank (ECB) can afford to wait for its next round of economic projections before deciding on further monetary tightening, according
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Indonesia Core Inflation Exceeds Forecasts, Hits 2.76% in June
Indonesia’s core inflation rate rose to 2.76% year-on-year in June, surpassing market expectations of 2.6%, according to the latest data from the country’s
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GBP/USD Slides Below 1.3250 After Failing to Clear 23.6% Fibonacci Resistance
The British pound weakened against the US dollar on Tuesday, with the GBP/USD pair slipping below the 1.3250 mark after failing to break
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Gold Stays Near Yearly Lows Below $4,000 as Iran Tensions and Fed Rate Hike Bets Lift Dollar
Gold prices remain under pressure, trading near their year-to-date lows and below the psychologically significant $4,000 mark. The precious metal is caught in
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Gold Holds Near $4,000 as Markets Weigh US-Iran Talks and Jobs Data
Gold prices have steadied near the psychologically significant $4,000 per ounce mark, as investors adopt a cautious stance ahead of high-stakes diplomatic talks
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Euro Slides Toward 1.1400 as Softer German Inflation Dampens ECB Rate Hike Prospects
The euro weakened against the U.S. dollar on Tuesday, slipping toward the 1.1400 mark, as softer-than-expected German inflation data prompted traders to scale