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Blog
May 27, 2024
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ECB’s Lane: Overall wage pressures have moderated since 2023

European Central Bank (ECB) Chief Economist Phillip Lane said on Monday that keeping rates overly restrictive for too long could push inflation below target over the medium term, per Reuters.

Blog
May 27, 2024
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Natural Gas recovers a touch after severe profit taking last week

Natural Gas price (XNG/USD) holds its ground on Monday after reaching a six-month high of $3.16 on Thursday and immediately facing profit taking.

Blog
May 27, 2024
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US Dollar eases slightly as US markets close for Memorial Day

The US Dollar (USD) trades a little softer against most major peers on Monday as there is not much to report for the Greenback, with US markets closed for the…

Blog
May 27, 2024
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Pound Sterling Price News and Forecast: GBP/USD rises to 1.2750 on soft US Dollar

The Pound Sterling (GBP) rises to near 1.2750 against the US Dollar (USD) in Monday’s London trading session.

Blog
May 27, 2024
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Mexican Peso edges higher as market mood turns positive

The Mexican Peso (MXN) is rising in its key pairs due to strong investor risk appetite on Monday, which favors the Mexican Peso and commodity-linked currencies.

Blog
May 27, 2024
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USD/CAD Price Analysis: Remains inside the woods in a thin trading-volume session

The USD/CAD pair trades in a narrow range near Friday’s low around 1.3650 in Monday’s European session.

Blog
May 27, 2024
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EUR/USD extends upside amid uncertainty over ECB rate cuts beyond June

EUR/USD jumps above 1.0850 in Monday’s European session after a calm start to the week ahead of the release of inflation data on both sides of the Atlantic on Friday.