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Dollar up as traders await Fed clues; sterling rises By Reuters
Investing.com· 14 minutes agoNEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal...
Look out for UK inflation and FOMC Minutes today
The Forex Market· 7 hours agoIn the US, FOMC minutes from the May meeting are due for release. The focus is naturally on any clues regarding the outlook for rate cuts but given that...
Sterling Firms as U.K. Inflation Falls Less Than Expected
The Wall Street Journal· 7 hours agoSterling hit two-month highs against the dollar and euro as headline inflation in the U.K. declined...
U.K. inflation drops to 2.3%, but interest rate cuts aren’t expected until November
Fortune· 4 hours agoWhile the data put the Bank of England 2% inflation target within reach and was the lowest level since a cost-of-living began to take hold almost three years ago, it was at ...
European Midday Briefing: Sticky U.K. Inflation Weighs on Mood as Fed Minutes Eyed
Morningstar· 4 hours agoEuropean shares fell on Wednesday after higher-than-expected U.K. inflation reminded the market of stubborn price pressures in developed economies and as investors eyed minutes ...
German Wages Jump at Start of Year in Risk to Inflation Path
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- German wages rose sharply at the start of 2024 — dealing a blow to the European...
European equities stumble on UK inflation news
AFP via Yahoo Finance· 3 hours agoEurope's main stock markets fell Wednesday as official data showed UK inflation slowing sharply but missing analysts' forecasts, dousing hopes of a Bank...
Inflation Miss May Delay, But Shouldn’t Deter, BOE Rate Cut
Bloomberg· 6 hours agoPolicymakers will get another set of consumer price data before their June meeting. Marcus Ashworth...
Euro edges lower despite positive inflation report
MarketPulse· 5 days agoThe euro has posted slight losses on Friday. EUR/USD is down 0.28%, trading at 1.0837 in the North American session at the time of writing. The April inflation< ...
Euro Technical Analysis: EUR/USD Drifts Lower, EUR/GBP Looks for Support
Daily FX· 1 day agoIn fact, apart from Euro PMI data on Thursday, things remain quiet until the last few days of the...