The dollar is slightly lower across the board so far today, as the bulls look to be taking a bit of a breather. There's not much to work with during the session but it just seems like a bit more of a consolidation after the gains from last week mostly. GBP/USD is one...
Eurozone March final CPI +2.4% vs +2.4% y/y prelim
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Will the Halving Boost BTC Growth?
Very soon, on April 19, to be exact, the long-awaited Bitcoin halving will take place. After that, rewards to miners will drop from 6.25 BTC to 3.125 BTC per block found.So, how will this shake out Bitcoin?Many "experts" claim that after the halving, coin “creation”...
US futures pare losses as risk mood holds up for now
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Market News – Appetite for risk-taking remains weak
Economic Indicators & Central Banks: Stocks, Treasury yields and US Dollar stay firmed. Fed Chair Powell added to the recent sell off. His slightly more hawkish tone further priced out chances for any imminent action and the timing of a cut was pushed out further....
Japan monthly visitors hit a record high in March, crosses 3 million for first time ever
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UK Inflation Surprise: CPI Drops Less Than Expected, Boosting GBP
UK CPI, GBP/USD AnalysisUK CPI drops in March but less than expectedPound sterling reaction: Intraday gains eye 1.2500 level but GBP/USD selloff has been unrelentingGet your hands on the Pound sterling Q2 outlook today for exclusive insights into key market catalysts...
Japan chief Cabinet secretary says closely watching FX moves, prepared for full measures
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European indices fairly mixed at the open today
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Sterling climbs on slightly stronger UK inflation data
GBP/USD hourly chartTo be honest, the reaction here is a little surprising as the inflation numbers were just a slight beat on estimates. But it seems that it doesn't take much to spook markets these days, especially with the Fed outlook changing quite drastically...
NZ statistics office owns up to inflation data release error
Eamonn provided some colour to that during the release at the time already:"Newswires published the q/q initially at +6.8% q/q. Which is far beyond the realms of the likely. I mean, that'd be a gazillion sigma event or something. So, yeah, you may have seen +6.8%...
UK March CPI +3.2% vs +3.1% y/y expected
Prior +3.4%Core CPI +4.2% vs +4.1% y/y expectedPrior +4.5%The pound has nudged higher on the numbers here, as price pressures are holding slightly stronger than estimated. Compared to February, the annual readings still reflect a drop but with core inflation still...
UK inflation the highlight on the data docket today
The dollar is keeping in a steadier mood as we approach European morning trade. Meanwhile, equity futures are mildly higher while bond yields are staying underpinned. It's pretty much been a consolidative start to the week, all things considered.Looking to the session...
FX option expiries for 17 April 10am New York cut
There are a couple to take note of, as highlighted in bold.The first one being for EUR/USD at 1.0630, which could help to limit price action movement in the session ahead. The pair is consolidating somewhat around 1.0610-40, so the expiries should help to keep that...
Dollar holds mostly steady ahead of European trading
Essentially, the dollar is just consolidating gains mostly in the last few sessions. It looks to be another case of markets reacting strongly to key economic data before encountering a cooling off period after. So far today, the dollar is not doing much as seen from...
ForexLive Asia-Pacific FX news wrap: NZ inflation stays well above target
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Federal Reserve’s Beige Book due today, plus Mester and Bowman
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European Central Bank speakers today include Schnabel (twice), Cipollone and de Cos
06:00 Virtual participation by ECB board member Piero Cipollone in Executive Committee meeting of the Italian Banking Association (ABI)09:00 European Central Bank policymakers Piero Cipollone and Pablo Hernandez de Cos speak at the IIF Global Outlook Forum10:00 ECB...
RBNZ’s own inflation measure for Q1 2024 is +4.3% y/y (vs. prior +4.7%)
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HSBC Brent crude oil forecasts remain at $82.5 per barrel for 2024, $76.50 for 2025
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