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May 16, 13 •
2303 Views •
Forex News •
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Comments Off on Forex Flash: US CPI to fall 0.3% MoM and to slow to 1.2% YoY in April – RBS
The US Bureau of Labor Statistics is scheduled to publish the April consumer price index on Thursday April 16 at 12:30 GMT (8:30 EST). Market expects a 0.2% monthly decline and a slowdown to 1.5% YoY on April. However, RBS' analyst team sees a deeper...
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May 15, 13 •
2481 Views •
Forex News •
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Comments Off on Forex: AUD/USD in lows around 0.9875/80
The Aussie dollar is prolonging the weekly downside on Wednesday, falling from the boundaries of the parity level on Monday to the current region of 0.9870/75, levels last seen in mid June 2012. After yesterday’s figures of the Federal Budget in...
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May 9, 13 •
3652 Views •
Forex News •
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Comments Off on Forex Flash: BoK cuts rate by 25 bps to 2.50% – Nomura
Nomura economist Young Sun Kwon notes that the Bank of Korea (BOK) has unexpectedly cut its policy rates by 25bp to 2.50%. He had previously assigned a 45% likelihood to the BOK being forced to cut rates as political pressure for such a move was building on...
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May 6, 13 •
2716 Views •
Forex News •
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Comments Off on Forex: EUR/USD toying with 1.3100
The shared currency briefly pierced the key support at 1.3100 on Monday, after mixed signals from the Spanish economy. In fact, the services sector of the Mediterranean country extended its negative momentum in April, falling to 44.4 from 45.3 in the previous...
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May 5, 13 •
2812 Views •
Forex News •
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Comments Off on Forex: EUR/USD treading water around 1.3100
The single currency is closing the week in the positive ground for the first time after two consecutive weeks in red, consolidating around the key level at 1.3100 after the US economy created 165K jobs during April, exceeding expectations and previous print....
