Economics

EUR/USD declines as ECB cuts interest rates, guides grim outlook

EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…

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EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts

Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is…

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EUR/USD Undecided After U.S. Macro Data

12:30 PM GMT, United States – Philadelphia Fed Report for April: Manufacturing Index: actual -26.4; forecast 2.2; previous 12.5; Employment: actual 0.2; previous 19.7; Business…

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ECB Cuts Rates by 25bp

ECB Main Refinancing Rate: Current: 2.40% Forecast: 2.65% Previous: 2.90% ECB Deposit Rate: Current: 2.25% Forecast: 2.25% Previous: 2.50% ECB…

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Economic Calendar – All Eyes on The European Central Bank

On Thursday, macroeconomics comes back into the limelight. After the unexpectedly high drop in energy prices in Germany, the session in…

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German PPI Goes Negative Unexpectedly

06:00 AM GMT, Germany – Inflation Data for March: Yearly German PPI: actual -0.2% YoY; forecast 0.4% YoY; previous 0.7% YoY; Monthly German PPI:…

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Bank of Canada Holds Rate Unchanged

Bank of Canada maintained interest rates at 2.75% level, in line with expectations. Bank of Canada Rate Decision – Key…

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U.S. Retail Sales in line With Expectations

US Retail Sales MoM: 1.4% (Forecast 1.4%, Previous 0.2%) US Core Retail Sales MoM: 0.5% (Forecast 0.4%, Previous 0.3%) US30…

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TSMC Q1 2025 Earnings Preview

As Taiwan Semiconductor Manufacturing Company (TSM.US) prepares to release its first-quarter earnings on Thursday, April 17, 2025, investors are keenly…

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Inline Eurozone CPI Sees Eur/usd Muted

10:00 AM GMT, Euro Zone – Inflation Data for March: CPI: actual 0.6% MoM; forecast 0.6% MoM; previous 0.4% MoM; CPI: actual 2.2% YoY;…

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