FX News

UK Inflation Eases More-Than-Expected On Food Prices

UK inflation slowed more-than-expected in September on falling food prices, giving space for the Bank of England to wait-and-watch for the outcome of Brexit negotiations. Consumer price inflation eased to 2.4 percent from 2.7 percent in August, figures from the Read More →

UK Consumer Price Index Upbeats Expectations

In Great Britain, the figure concerning the core consumer price index remained 1.9 percent in September, as compared to 2.1 percent during the month before, up beating the economist expectation which was 1.8 percent. The data is sourced from a Read More →

U.S. Housing Starts Pull Back Sharply, Building Permits Unexpectedly Drop

After reporting a substantial increase in new residential construction in the previous month, the Commerce Department released a report on Wednesday showing a bigger than expected pullback in U.S. housing starts in the month of September.Original Article Read More →

Cryptocurrency Daily Roundup – Oct. 17

Bitcoin and its peers are trading lower Wednesday after a mixed performance a day earlier, and the relative calm in the market has made analysts wonder if the top cryptocurrency has hit a bottom and is now preparing for a Read More →

Minutes of Fed policy meeting give the USD a leg-up

US Dollar enjoys support throughout Wednesday and we are seeing some follow-through (although gains so far remain marginal) even this morning.

Minutes from the Fed’s september policy meeting that were released yesterday, essentially continued to confirm further rate rises Read More →

Fed Continues To Favor “Gradual Approach” To Raising Rates

Amid recent concerns the Federal Reserve may raise interest rates more aggressively than currently anticipated, the minutes of the central bank's September monetary policy meeting showed members continue to favor a "gradual approach" to hiking rates.Original Article Read More →