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ECB's Rehn: We could cut interest rates in June

If the macroeconomic assessment in June confirms an inflation convergence toward the European Central Bank's (ECB) target, key rates could be lowered in June, European Central Bank (ECB) policymaker Olli Rehn said on Tuesday.
New
update2024.04.16 17:18

Silver Price Forecast: XAG/USD plummets to $28.40 as uncertainty over Fed rate cut timing deepens

Silver price (XAG/USD) slumps to $28.40 in Tuesday's European session.
New
update2024.04.16 17:16

USD/CHF stays above 0.9100 nearing the highs since October

USD/CHF recovers its recent losses registered in the previous session, trading near 0.9120 during the early European hours on Tuesday.
New
update2024.04.16 17:07

Canada CPI Preview: Inflation expected to accelerate in March, snapping two-month downtrend

Canada is set to disclose the latest inflation figures on Tuesday, with Statistics Canada releasing the Consumer Price Index (CPI) for March.
New
update2024.04.16 17:00

EUR/USD Forecast: Euro shows no signs of life despite oversold conditions

Following a short-lasting recovery attempt during the European trading hours, EUR/USD lost its traction and closed the first trading day of the week in negative territory.
New
update2024.04.16 16:52

EUR/GBP seems vulnerable around 0.8530 despite weak UK Employment data

The EUR/GBP pair struggles to hold an auction above the immediate support of 0.8530 in the early European session on Tuesday.
New
update2024.04.16 16:24

Pound Sterling refreshes five month low after weak UK employment data

The Pound Sterling (GBP) weakens in Tuesday's London session after the United Kingdom Office for National Statistics (ONS) reported that labor market conditions have significantly cooled down in the three months ending February.
New
update2024.04.16 16:09

Forex Today: US Dollar stretches higher ahead of Fedspeak, housing data

Here is what you need to know on Tuesday, April 16: The US Dollar (USD) continues to gather strength early Tuesday after outperforming its major rivals on Monday.
New
update2024.04.16 15:38

US Treasury Sec. Yellen: Will use sanctions, work with allies to disrupt Iran's destabilizing activity

US Treasury Secretary Janet Yellen warned on Tuesday that the "US will use sanctions and work with allies to keep disrupting Iran's 'malign and destabilizing activity'." Additional comments Iran's actions threaten stability in the Middle East and could cause economic spillovers.
New
update2024.04.16 15:10

EUR/USD Price Analysis: Holds above psychological level of 1.0600 amid a bearish sentiment

EUR/USD continues its losing streak for the sixth successive session on Tuesday, hovering near 1.0620 during the Asian trading hours.
New
update2024.04.16 15:02

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