News
Important Only
USD/JPY Price Analysis: Reaches top of channel, primed to fall
GBP/USD: Pound Sterling against the USD – MUFG
AUD/USD strengthens on hopes of narrowing Fed-RBA policy divergence
Investing.comJul 4, 2024
Morgan Stanley sees jobs growth slowing; payrolls seen +210,000
FxstreetJul 4, 2024
ECB Accounts: Doubts were raised about whether recovery would take place as expected
FxstreetJul 4, 2024
Russia Central Bank Reserves $ fell from previous $593.1B to $590.5B
Economic Indicator
ECB Accounts: Doubts were raised about whether recovery would take place as expected
The accounts of the European Central Bank's (ECB) June policy meeting showed on Thursday that some members felt that the data available since the last meeting had not increased their confidence that inflation would converge to the 2%, per Reuters.Fxstreet
Jul 4, 2024
Commodities
Gold closes above 50-day SMA after weak US data
Gold (XAU/USD) is rising on Thursday to trade in the $2,350s after a string of weak data releases from the US and a change in tone from the Chairman of the Federal Reserve (Fed) Jerome Powell, increased bets the Fed would cut interest rates earlier than previously expected.
Fxstreet
Jul 4, 2024
Economic Indicator
BoE DMP Survey: UK companies’ inflation expectations fall further in June
The latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that “one-year ahead expected CPI inflation fell by 0.1 percentage points to 2.8% in June.” Key takeaways “Year-ahead own-price inflation was expected to remain unchanged at 3.9% in the three months to June, the same level firms reported in the three months to May.” “Expected year-ahead wage growth fell by 0.3 percentage points to 4.2% on a three-month moving-average basis in June.” “Annual wage growth was 6.0%Fxstreet
Jul 4, 2024
