Forexlive Americas FX news wrap 30 May: PCE dips but may be the low for the cycle.
US major indices close mixed with the Dow higher, S&P unchanged, and Nasdaq lower. Crude oil futures settle at $60.79 More Japan Akazawa: No change in stance that tariffs, including…
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Buyers vs Sellers Candlesticks
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Read More »ECBâs Panetta: Reduced room to cut rates further, but macro outlook remains weak
European Central Bank (ECB) executive board member Fabio Panetta said on Friday that there is a âreduced room to cut rates further, but the macro outlook remains weak and trade tensions…
Read More »Japan Retail Trade s.a (MoM) increased to 0.5% in April from previous -1.2%
Japan Retail Trade s.a (MoM) increased to 0.5% in April from previous -1.2%
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1996 â Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »BIS’ Carstens: Essential for fiscal authorities to curb relentless rise in public debt
AgustĂn Carstens (head of the Bank for International Settlements): Essential for fiscal authorities to curb relentless rise in public debt With days of ultra-low rates over, fiscal authorities have narrow…
Read More »BoJâs Ueda: Close to inflation target but not quite there
Bank of Japan Governor Kazuo Ueda said on Tuesday that while the Japanese central bank are now closer to the inflation target than any time during the last few decades, the…
Read More »Iran says discussions with US ‘complicated’ after fifth round of nuclear talks
Iranian Foreign Minister Abbas Araghchi said on Friday that discussions with the United States (US) over its nuclear program were complicated as the fifth round of talks concluded in Rome.
Read More »Gold rallies past $3,350 as Trump escalates trade war with EU
Gold’s price uptrend resumed on Friday, with the yellow metal rising close to 2% daily and 5% in the week, as the US Dollar (USD) weakened further after US President…
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