News
Important Only
BoC Summary of Deliberations acknowledges widening divergence with US on policy
Mexican Peso under strain as traders awake Retail Sales figures
Canadian Dollar goes nowhere fast amidst holiday markets on Wednesday
FxstreetJun 19, 2024
US Dollar consolidates gains after Fed speakers ask for further disinflation
FxstreetJun 19, 2024
Russia Producer Price Index (YoY) declined to 16.2% in May from previous 18.4%
FxstreetJun 19, 2024
Russia Producer Price Index (MoM) fell from previous 1.8% to 1.6% in May
Economic Indicator
BoC Summary of Deliberations acknowledges widening divergence with US on policy
The Bank of Canada's (BoC) latest Summary of Deliberations revealed little of note on Wednesday, although several members of the BoC's Governing Council are growing cautious about downside risks and the possibility of a widening divergence between Canada and the US on economic policy.Fxstreet
Jun 19, 2024
Indices
US Dollar consolidates gains after Fed speakers ask for further disinflation
On Wednesday, the US Dollar as measured by the DXY Index (DXY) remained relatively unchanged around the 105.20 mark as investors parsed words from key Federal Reserve (Fed) officials on a quiet Wednesday.Fxstreet
Jun 19, 2024
Economic Indicator
UK inflation in line with expectations but services still too hot – ING
The latest UK services inflation numbers are a bit disappointing for the Bank of England (BoE), and the latest figure is 0.4ppt above what it had forecast back in the May monetary policy report, ING’ FX Strategist Francesco Pesole suggests.
Fxstreet
Jun 19, 2024
Commodities
Industrial metals find support amid potential Chinese stimulus – TDS
Optimism around potential new Chinese stimulus to be announced at the July third plenum is helping industrial metal prices find some support after the recent bout of weakness, TDS commodity strategists note.Fxstreet
Jun 19, 2024
