News
Important Only
Oil market turns to the upside – TDS
FxstreetJul 2, 2024
Fed's Gooslbee: I don't buy that last mile on inflation could take longer
FxstreetJul 2, 2024
New Zealand GDT Price Index declined to -6.9% from previous -0.5%
GBP/USD Price Analysis: Gains despite standing bearish below 1.2700
AUD: RBA keeps rate hike on the table – ING
USD/CAD extends correction to 1.3700 as Fed Powell sees inflation risks as more balanced
Economic Indicator
Fed's Gooslbee: I don't buy that last mile on inflation could take longer
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago noted on Monday that progress on the final chunk of inflation heading towards the Fed's 2% inflation target will happen faster than many expect.Fxstreet
Jul 2, 2024
Forex
GBP/USD Price Analysis: Gains despite standing bearish below 1.2700
The Pound Sterling held to earlier gains against the US Dollar on Tuesday at the time the Federal Reserve Chair Jerome Powell crossed the wires at the European Central Bank (ECB) forum in Portugal and said that inflation may get back to the Fed’s 2% target late next year or the following.Fxstreet
Jul 2, 2024
Forex
EUR: Inflation is set to slow down – ING
The relief rally in the Euro (EUR) following French election results being in line with expectations ran out of steam on Monday, and there are doubts there will be significant extra support for the common currency given the open questions ahead of the second round on Sunday 7 July, ING’s FX strategist Francesco Pesole notes.
Fxstreet
Jul 2, 2024
Economic Indicator
US JOLTS Job Openings rise to 8.14 million in May vs. 7.9 million expected
The number of job openings on the last business day of May stood at 8.14 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday.Fxstreet
Jul 2, 2024
