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: 2025.05.22
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ECB's Nagel: Interest rate level is not restrictive
Breaking news
ECB's Nagel: Interest rate level is not restrictive
New
2025.05.22 22:59
2025.05.22 22:59
2025.05.22 22:59
Joachim Nagel, President of the Bundesbank and member of the ECB's Governing Council (GC), argued that the bank's current interest rate level is not considered as restrictive.
Last updated
: 2025.05.22
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USD/CAD softens near 1.3650 on poor US inflation data, rising bets of Fed rate cut
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55 minutes agoEUR/USD soars on soft US CPI, closes in on 1.1500
2025.06.12 06:17AUD/USD edges lower as investors remain focused on inflation and rate expectations
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2025.06.12 04:13
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USD/CAD softens near 1.3650 on poor US inflation data, rising bets of Fed rate cut
The USD/CAD pair remains on the defensive around 1.3665 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) due to poor US inflation data and rising bets of a Federal Reserve (Fed) rate cut in September.
New
2025.06.12 08:04AUD/JPY Price Forecast: Hits monthly high, retreats below 94.00 as bearish signal emerges
The AUD/JPY failed to clear the 94.00 resistance level and dropped by over 0.56% on Wednesday, following a monthly high of 94.73, after an upbeat risk mood and a weaker-than-expected US inflation report. At the time of writing, the pair traded near 93.90, virtually unchanged.
New
2025.06.12 07:29GBP/USD rebounds to hold firm to congestion ahead of key US PPI inflation
GBP/USD found some bullish tailwinds on Wednesday, erasing the previous session's gains and climbing back into the 1.3550 level.
New
2025.06.12 07:14Silver Price Forecast: XAG/USD stumbles below $36.50 despite softer US CPI
Silver price reverses course on Wednesday as the North American session ends, edging down 0.87%. Even though US inflation dipped in May, which would have warranted rate cuts by the Federal Reserve (Fed) and driven the US dollar lower, it failed to underpin the grey metal. XAG/USD trades at $36.21.
New
2025.06.12 06:55EUR/USD soars on soft US CPI, closes in on 1.1500
The EUR/USD surged during the North American session but remains shy of clearing the 1.1500 figure, following the release of a softer-than-expected inflation report in the United States (US), which could prompt the Federal Reserve (Fed) to reduce borrowing costs in the near term.
New
2025.06.12 06:17AUD/USD edges lower as investors remain focused on inflation and rate expectations
The Australian Dollar (AUD) is trading lower against the US Dollar (USD) on Wednesday, erasing earlier gains following the progress in US-China trade talks.
New
2025.06.12 04:56Canadian Dollar holds steady amid Greenback weakness
The Canadian Dollar (CAD) is holding close to multi-month highs against the US Dollar (USD) on Wednesday. The Loonie caught a thin boost from declining Greenback bids, with broad-market investor sentiment bolstered by a cooler-than-expected US Consumer Price Index (CPI).
New
2025.06.12 04:13Mexican Peso strengthens to 10-month highs on a weaker USD
The Mexican Peso (MXN) is trading at its strongest level in 10 months against the US Dollar (USD) on Wednesday, supported by improving risk sentiment and ongoing trade negotiations between Mexico and the United States.
New
2025.06.12 04:05Forex Today: US inflation and jobs take centre stage alongside UK data
Poor US inflation data and increasing bets of a Fed rate cut in September, coupled with the US-China trade agreement, kept the US Dollar on the defensive throughout the day.
New
2025.06.12 04:01ECB's Villeroy: The ECB policy is not static
ECB board member François Villeroy de Galhau signalled that while the ECB is operating from a position of strength, its stance is far from fixed.
New
2025.06.12 03:17Disclaimer:
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