EURGBP Fails To Break 0.89
In today’s European session, Germany’s final CPI rate for December registered 8.6% on an annual basis, in line with market expectations and the previous value. The final monthly rate was negative for the second consecutive month, at -0.8%, in line with market expectations. The annual and final monthly CPI rates, after reconciliation, were recorded at […]
Dollar largely flat; U.S. CPI in focus after Powell fails to provide lead By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar traded largely flat in Europe Wednesday, with risk sentiment on the rise but attention firmly on this week’s key U.S. inflation release. At 03:10 ET (08:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged higher to 103.017, holding […]
Intraday Market Analysis – USD fails to impress
USDCHF retests support The US dollar struggles as the Fed minutes confirms a slower pace in its interest rate increases. Last April’s low of 0.9200 has offered some support and the surge above 0.9340 prompted sellers to trim their exposure. Follow-up bids above the fresh resistance 0.9400 will be needed to keep […]