China Producer Price Index (YoY) below forecasts (-2.5%) in October: Actual (-2.9%) Source link
China Producer Price Index (YoY) below expectations (-2.5%) in September: Actual (-2.8%) Source link
EUR/USD faces pressure near 1.0950 as the US PPI came in hotter-than-expected. The Fed is expected to cut interest rates by 25 bps in November. The Euro holds strength despite firm ECB dovish bets amid a faster-than-expected decline in Eurozone inflationary pressures. EUR/USD falls back to near the key support of 1.0930 in Friday’s New York session. The […]
USD/JPY slumps to near 142.00 as the US Dollar corrects after the US PPI report release. The US headline and core PPI for August came in softer-than-expected. BoJ Tamura sees interest rates rising to at least 1%. The USD/JPY pair falls sharply to near 142.00 in Thursday’s North American session. The asset declines as the […]
Mexican Peso treads water on Tuesday
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The Mexican Peso held steady on Tuesday following Monday’s 1.2% backslide. Banxico recently delivered a rate cut despite an uptick in headline inflation figures. Mexico’s central bank expects inflation bump to smooth out. The Mexican Peso (MXN) held close to flat on Tuesday, paddling around 19.00 as Peso traders find their balance following a 1.2% […]
