ECB’s Lane: We need to keep raising interest rates
European Central Bank (ECB) Chief Economist Philip Lane said on Tuesday, “we need to keep
EUR/JPY pares the biggest daily gain in two months near 138.50 ahead of German inflation
EUR/JPY snaps two-day uptrend while reversing from one-month high. Downbeat yields, upbeat Japan jobs report
UK inflation could exceed 20% as recession nears – Goldman Sachs
After forecasting a recession in the UK economy last week, economists from the US investment
USD/TRY bulls approach the record high above 18.00 as Fed hawks propel DXY
USD/TRY stays firmer at the yearly top, grinds higher of late. A jump in the
US Treasury yields, hawkish Fed bets rally on Powell’s tough stance
Markets turn risk-aversion after Fed Chair Jerome Powell appeared hawkish at Jackson Hole. Fears of
US inflation expectations extend pullback from multi-day high
While easing challenges for US Fed Chair Jerome Powell’s hawkish bias, the US inflation expectations,
AUD/USD bounces off daily low, remains below 0.7000 mark ahead of US PCE/Fed’s Powell
AUD/USD reverses a modest intraday dip amid the emergence of some USD selling. Hawkish Fed
GBP/USD weakens further below 1.1800 amid modest USD strength, ahead of Fed’s Powell
GBP/USD meets with a fresh supply on Friday and slides back below the 1.1800 mark.
German IFO Business Climate Index eases to 88.5 in August vs. 86.8 expected
German IFO Business Climate Index came in at 88.5 in August. IFO Current Economic Assessment
Copper price leans bullish on China stimulus, firmer risk appetite
Copper price consolidates the biggest daily loss in over a week, grinds higher around monthly