UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...
Fed's Logan urges policymakers to remain cautious in coming months Inflation, the discount window, and banking regulation are crucial economic topics. These issues were raised by Lorie Logan, President and CEO of the Federal Reserve Bank of Dallas....
Technical Analysis: EUR/USD stays above 50-day EMA EUR/USD slumps to near 1.0470 after the release of February's preliminary PMI data for the Eurozone and its major nations. The Eurozone Composite PMI expanded at a steady pace of 50.2 in February....
Core Points about NZDUSD: The RBNZ Governor's speech, along with the Monetary Policy Statement and RBNZ Cash Rates, has significantly strengthened the New Zealand dollar. Positive signals from the central bank have boosted investor confidence,...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...