Dow Jones, S&P 500, and Nasdaq 100 futures edge lower ahead of key US inflation data due later today. US stock index futures retreated in early European trading on Wednesday, reflecting caution ahead of upcoming inflation figures. Dow Jones futures fell 0.30% to near 50,75
The Euro edges higher for a third day but stays below 1.1575 as traders await US inflation figures for direction. The Euro (EUR) rose modestly against the US Dollar (USD) for a third straight session on Wednesday but remained near two-month lows, trading below the 1.1575 s
Investors await May’s US CPI report, expected to show inflation at three-year highs, influencing Fed policy expectations. The Euro trades marginally higher against the US Dollar for a third day but remains near two-month lows below 1.1575. Geopolitical tensions and upcomin
MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength. Safe-haven demand linked to unresolved US–Iran tensions is seen keeping DXY near 100.00, as risk
Traders remain cautious as the euro-pound cross stabilizes near 0.8625 before the European Central Bank announces its interest rate policy. The EUR/GBP pair traded flat at 0.8625 in early European trading on Wednesday, reflecting market caution ahead of the European Centra
Yen falls toward 160.75 against USD The Japanese Yen has weakened gradually against the US Dollar, moving toward 160.75. The USD/JPY is range-bound intraday between 159.90 and 160.40 after a brief spike and reversal. The pair maintains a slightly positive m
Analysts forecast further euro weakness against the dollar, eyeing a drop to 1.1445 as resistance holds at 1.1600. EUR/USD remains in a short-term consolidation phase between 1.1505 and 1.1555 after last week’s sharp decline. Analysts maintain a bearish outlook for the nex
The British Pound edges higher against the US Dollar as traders await key US CPI figures for May. The GBP/USD pair climbed to 1.3390 in early European trading on Wednesday, extending gains ahead of the US Consumer Price Index release. The move reflects market positioning b
GBP/USD rises as traders await US CPI report, which may influence Federal Reserve rate expectations and USD strength. The GBP/USD pair advanced to 1.3390 in early European trading on Wednesday, supported by anticipation of the US May Consumer Price Index report. The data c
China’s trade surplus surged to $105.43 billion, exceeding estimates and boosting the yuan amid strong exports and imports. The USD/CNH pair dipped near 6.7750 in early European trading Wednesday, pressured by a stronger Chinese yuan. China’s May trade surplus reached $105
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