EURUSD – ECB May Cut Rates Due to Inflation in the Eurozone

03.06.2024
Key events today: 14:00 UTC: USD - ISM Manufacturing Index. The EUR/USD pair continues to rise around the 1.0850 level during Monday's early Asian session. Lower than expected U.S. PCE inflation data and better-than-expected Eurozone...
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USDJPY – Pressure on the Japanese Yen Due to Interest Rate Differentials

31.05.2024
Key events today: 12:30 UTC: USD - Changes in income/expenditure levels. The Japanese Yen (JPY) remains stable after Friday's release of the Consumer Price Index (CPI) data by the Statistics Bureau of Japan. In May,...
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GBPUSD – Rate Cut Expectations Weigh on the Pound

29.05.2024
Key events today: 18:00 UTC: USD - Publication of the Fed's "Beige Book" economic review of the regions. The Pound-Dollar pair trades with slight losses around 1.2760 during the Asian session on Wednesday. A moderate...
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EURUSD – Pair in Search of New Direction

27.05.2024
No major events expected today. The EUR/USD pair trades around 1.0850 during the early Asian session on Monday. A stronger-than-expected preliminary Purchasing Managers' Index (PMI) for the Eurozone in May provides some support for the...
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USDJPY – Yen Fails to Strengthen

24.05.2024
Key events today: 12:30 UTC: USD - Change in Durable Goods Orders. The Japanese yen (JPY) continued to weaken on Friday following the release of weaker consumer price index (CPI) data published by the Statistics...
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