Pound Sterling falls back as focus shifts towards BoE monetary policy decision
The Pound Sterling (GBP) drops to 1.2540 against the US Dollar in Tuesday’s London session.
Germany April construction PMI 37.5 vs 38.3 prior
The index hits a three-month low as the German construction downturn continues to extend further. Weak demand conditions are still prevailing and that...
European equities keep up the positive momentum to start the day
Eurostoxx +0.5%Germany DAX +0.5%France CAC 40 +0.5%UK FTSE +1.1%Spain IBEX +0.5%Italy FTSE MIB +0.6%The rebound higher in European equities continues after the stronger...
RBA Keeps Interest Rates at 4.35%, Says Interest Rate Path ”Remains Uncertain”
So the RBA kept its interest rates at 4.35% as expected. So why did AUD go down and stay down after the announcement?
AUDUSD Technical Analysis – What changed after the RBA?
The USD weakened across the board recently due to a more dovish than expected FOMC decision last week where the Fed decided to...
Austria Wholesale Prices n.s.a (MoM) rose from previous -0.7% to 0.5% in April
Austria Wholesale Prices n.s.a (MoM) rose from previous -0.7% to 0.5% in April
Austria Wholesale Prices n.s.a (YoY) up to -0.8% in April from previous -2%
Austria Wholesale Prices n.s.a (YoY) up to -0.8% in April from previous -2%
USD/CAD rebounds above 1.3650 amid firmer US Dollar, lower crude oil prices
The USD/CAD pair gains traction around 1.3685 during the early European trading hours on Tuesday.
France Nonfarm Payrolls (QoQ) above expectations (0%) in 1Q: Actual (0.2%)
France Nonfarm Payrolls (QoQ) above expectations (0%) in 1Q: Actual (0.2%)
France Trade Balance EUR came in at €-5.473B below forecasts (€-5B) in March
France Trade Balance EUR came in at €-5.473B below forecasts (€-5B) in March