UK PMIs support BoE economic assessment – GBPUSD falls in response
Weak UK flash PMI's act as catalyst for GBPUSD weakness.
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Weak UK flash PMI's act as catalyst for GBPUSD weakness.
Dollar retracement normalises weekly overbought condition.
President Lagarde post blogpost on ECB website on path to normalisation. EURUSD catches a bid in response.
Japan’s core Consumer Price Index (CPI) jumped above the central bank’s 2% target in April as today’s data showed, with the pair trading with caution and heading towards another losing week
The common currency rises today, helped by somewhat hawkish minutes from the European Central Bank and the US Dollar’s demise
Unemployment in Australia dropped to the lowest level in nearly 50 years, sending the Aussie higher and making the central bank’s recent tightening efforts easier, ahead of this week’s elections
The common currency loses steam after the solid start to the week, as mr Powell reasserts his hawkishness and Eurozone inflation stabilizes
Fed Chair suggests that rates may be hiked above neutral. USDOLLAR find support, in response.
Shorts may use the UK's inflation release as a catalyst for their positions.
The pair consolidates this week and trades with caution today, as markets digest Chair Powell’s Tuesday commentary and poor data form Japan
The British pound surges as markets shake-off last week’s risk aversion, also helped by upbeat employment data from the UK, but NI Protocol dispute looms
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