News
Important Only
BoE set to leave interest rates unchanged could deliver cautious message on inflation
USD/CHF remains on the defensive below 0.8850 ahead of SNB rate decision
FxstreetJun 20, 2024
Netherlands, The Consumer Confidence Adj declined to -23 in June from previous -22
FxstreetJun 20, 2024
Netherlands, The Unemployment Rate s.a (3M): 3.6% (May) vs previous 3.7%
FxstreetJun 20, 2024
USD/INR loses ground amid India's foreign inflows, weaker US Dollar
PBOC sets USD/CNY reference rate at 7.1192 vs. 7.1159 previous
Economic Indicator
BoE set to leave interest rates unchanged could deliver cautious message on inflation
The Bank of England (BoE) is expected to keep its policy rate unchanged for the seventh consecutive meeting on Thursday, despite the recent acceleration of disinflationary pressures in the UK and speculation of two interest rate cuts this year.Fxstreet
Jun 20, 2024
Forex
GBP/USD finds a foothold ahead of BoE’s upcoming rate call
GBP/USD elbowed its way firmly above 1.2700 in quiet Wednesday trading as GBP traders gear up for Thursday’s latest outing from the Bank of England (BoE), which is expected to keep rates on hold at 5.25% even as UK economic data continues to miss the mark, but not badly enough to spark institutional fears of an outright recession.Fxstreet
Jun 19, 2024
Commodities
Crude Oil tests higher ground on quiet Wednesday, WTI touches $81.00
West Texas Intermediate (WTI) US Crude Oil tested into fresh Wednesday highs on thin volume, clipping $81.00 per barrel as commodities drift softly higher despite US exchanges shuttered for the Juneteenth holiday.
Fxstreet
Jun 19, 2024
