Wednesday , 8 January 2025

Forex

Forex

Pound Sterling extends losses on risk-off market mood

The Pound Sterling (GBP) declines in Friday’s European session as dismal market sentiment dampens the appeal of risk-sensitive assets.

Forex

Riksbank’s first interest rate cut could come as early as May, Krona’s upside potential limited – Commerzbank

Antje Praefcke, FX Analyst at Commerzbank, fears the worst: that the Riksbank's first interest rate cut could come as early as May.

Forex

USDJPY Technical Analysis

USDThe Fed left interest rates unchanged as expected at the last meeting and dropped the tightening bias in the statement.The US CPI and...

Forex

European equities little changed as the session gets underway

Eurostoxx flatGermany DAX +0.1%France CAC 40 flatUK FTSE +0.1%Spain IBEX +0.2%Italy FTSE MIB +0.1%This mirrors the mood in US futures as well, which...

Forex

Turkey Budget Balance declined to -153.8B in February from previous -150.72B

Turkey Budget Balance declined to -153.8B in February from previous -150.72B

Forex

Gold Price Forecast: Investors will watch Fed’s pivot to easing monetary policy before adding XAU/USD – ANZ

Gold prices pared Wednesday’s gains after the release of higher-than-expected US PPI.

Forex

France Consumer Price Index (EU norm) (MoM) in line with forecasts (0.9%) in February

France Consumer Price Index (EU norm) (MoM) in line with forecasts (0.9%) in February

Forex

France Inflation ex-tobacco (MoM) increased to 0.8% in February from previous -0.3%

France Inflation ex-tobacco (MoM) increased to 0.8% in February from previous -0.3%

Forex

France Consumer Price Index (EU norm) (YoY) above forecasts (3.1%) in February: Actual (3.2%)

France Consumer Price Index (EU norm) (YoY) above forecasts (3.1%) in February: Actual (3.2%)

Forex

France February final CPI +3.0% vs +2.9% y/y prelim

Prior +3.1%HICP +3.2% vs +3.1% y/y prelimPrior +3.4%It still reaffirms a continued drop in French consumer prices as a whole. Adding to that...