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Eurozone Producer Price Index (YoY) came in at -5.7%, below expectations (-5.1%) in April

Eurozone Producer Price Index (YoY) came in at -5.7%, below expectations (-5.1%) in April

Fxstreet

Jun 5, 2024

Eurozone Producer Price Index (MoM) below forecasts (-0.5%) in April: Actual (-1%)

Eurozone Producer Price Index (MoM) below forecasts (-0.5%) in April: Actual (-1%)

Fxstreet

Jun 5, 2024

USD/CAD Price Analysis: Maintains position above 1.3650 due to weakening bearish bias

USD/CAD treads water to continue its gains for the second consecutive session, trading around 1.3680 during the European hours on Wednesday.

Fxstreet

Jun 5, 2024

Eurozone HCOB Composite PMI below forecasts (52.3) in May: Actual (52.2)

Eurozone HCOB Composite PMI below forecasts (52.3) in May: Actual (52.2)

Fxstreet

Jun 5, 2024

Eurozone HCOB Services PMI below forecasts (53.3) in May: Actual (53.2)

Eurozone HCOB Services PMI below forecasts (53.3) in May: Actual (53.2)

Fxstreet

Jun 5, 2024

Canada Interest Rate Decision Preview: BoC set to cut interest rates after six on-hold meetings

There is universal anticipation that the Bank of Canada (BoC) will reduce its policy rate by 25 bps at its upcoming gathering on Wednesday, June 5.

Fxstreet

Jun 5, 2024

Germany HCOB Services PMI above expectations (53.9) in May: Actual (54.2)

Germany HCOB Services PMI above expectations (53.9) in May: Actual (54.2)

Fxstreet

Jun 5, 2024

Germany HCOB Composite PMI registered at 52.4 above expectations (52.2) in May

Germany HCOB Composite PMI registered at 52.4 above expectations (52.2) in May

Fxstreet

Jun 5, 2024

France HCOB Services PMI registered at 49.3, below expectations (49.4) in May

France HCOB Services PMI registered at 49.3, below expectations (49.4) in May

Fxstreet

Jun 5, 2024

France HCOB Composite PMI below expectations (49.1) in May: Actual (48.9)

France HCOB Composite PMI below expectations (49.1) in May: Actual (48.9)

Fxstreet

Jun 5, 2024

Italy HCOB Services PMI below forecasts (54.4) in May: Actual (54.2)

Italy HCOB Services PMI below forecasts (54.4) in May: Actual (54.2)

Fxstreet

Jun 5, 2024

Pound Sterling consolidates as investors await US ISM Services PMI and Employment data

The Pound Sterling (GBP) trades in a tight range above 1.2750 in Wednesday’s London session.

Fxstreet

Jun 5, 2024

NZD/USD rises toward 0.6200 due to higher Terms of Trade, China Services PMI

NZD/USD retraces its recent losses, trading around 0.6180 during the early European hours on Wednesday.

Fxstreet

Jun 5, 2024

Forex Today: Attention shifts to high-tier US data and BoC rate decision

Here is what you need to know on Wednesday, June 5: Following the sharp decline seen on Monday, the US Dollar (USD) Index edged slightly higher on Tuesday but failed to gather momentum amid retreating US Treasury bond yields.

Fxstreet

Jun 5, 2024

Japanese Yen depreciates, possibly due to investors' caution ahead of US data

The Japanese Yen (JPY) edges lower on Wednesday due to investors' caution ahead of key US data releases later in the day, including the US ADP Employment Change and ISM Services PMI reports.

Fxstreet

Jun 5, 2024

Australian Dollar appreciates due to hawkish comment from RBA Governor Bullock

The Australian Dollar (AUD) gains ground as the Reserve Bank of Australia (RBA) Governor Michele Bullock stated on Wednesday that the central bank is prepared to increase interest rates if the Consumer Price Index (CPI) does not return to the target range of 1%-3%, as reported by NCA NewsWire.

Fxstreet

Jun 5, 2024

USD/CHF holds steady above 0.9100 ahead of Swiss GDP data

The USD/CHF pair trades flat around 0.9125 during the early European session on Wednesday.

Fxstreet

May 29, 2024

EUR/USD Price Analysis: Moves below 1.0850 despite a bullish bias

EUR/USD extended losses to near 1.0850 during the Asian session on Wednesday.

Fxstreet

May 29, 2024

Japanese Yen recovers early losses after BoJ Adachi favors to reduce bond-buying

The Japanese Yen (JPY) recovers intraday losses that were influenced by a broad market downturn driven by risk aversion sentiment.

Fxstreet

May 29, 2024

USD/INR rises amid cautious mood, India election’s uncertainty

Indian Rupee (INR) extends the decline amid the cautious mood on Wednesday.

Fxstreet

May 29, 2024

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