Forex Today: US Dollar struggles to find demand ahead of key jobs data
Here is what you need to know on Friday, June 7: The US Dollar (USD) is having a tough time staying resilient against...
ECB’s de Guindos: Inflation is to be around 2% next year
Sees huge uncertainty in the economyThey're going all out to justify their rate cut yesterday, trying to convince that policy need not be...
Pound Sterling trades stuck in tight range as US NFP data looms
The Pound Sterling (GBP) consolidates in a tight range near 1.2800 against the US Dollar (USD) in Friday’s European session.
ECB’s Šimkus: It is possible that there will be more than one rate cut this year
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that “it is possible that there will be more than one...
European equities lightly changed to start the day
Eurostoxx flatGermany DAX -0.2%France CAC 40 flatUK FTSE -0.1%Spain IBEX +0.1%Italy FTSE MIB +0.2%The changes are light with no clear direction just yet...
EUR/JPY extends the decline below 169.50, Eurozone GDP data looms
The EUR/JPY cross extends the decline towards 169.20 during the early European trading hours on Friday.
ECB’s Nagel: The decision to cut rates was not premature
The decision to lower rates was logicalThe tendency is there that inflation is going downWe're not on autopilot, will look at the data...
What are the main events for today?
It's going to be another boring European session today as the lack of market moving releases and the focus on the US NFP...
ECB’s Šimkus: It is possible that there will be more than one rate cut this year
Data very clearly shows disinflationBut the road ahead is bumpyThey're continuing to keep that door open but at the same time, they're also...
Switzerland Foreign Currency Reserves fell from previous 720B to 718B in May
Switzerland Foreign Currency Reserves fell from previous 720B to 718B in May
