Monthly Archives: June 2025
Bailey from the BOE believes the labour market is slowing, with wage settlements expected to decline; cable rises 102 pips to 1.3621
Written on June 24, 2025 at 7:18 pm, by davin
BOE Governor signals slowing labour market; British pound rises 102 pips to 1.3621 after remarks.
The Richmond Fed report showed slight improvements in both manufacturing and services, yet negativity persists
Written on June 24, 2025 at 6:49 pm, by davin
Manufacturing and services improved slightly in June, though both sectors remained in negative territory overall.
During European trading, the Pound Sterling strengthens to approximately 1.3630 against the US Dollar
Written on June 24, 2025 at 6:43 pm, by davin
Pound Sterling climbs as Israel-Iran ceasefire boosts market sentiment, weakening US Dollar and lifting GBP/USD.
Lane from the ECB expressed confidence in reaching inflation targets, noting services inflation remains a concern. The euro increased by 11 pips to 1.1587 today
Written on June 24, 2025 at 6:18 pm, by davin
ECB’s Lane sees inflation progress, but services inflation lingers; euro rises 11 pips to 1.1587.
In May, Canada’s Consumer Price Index posted a 0.6% increase, exceeding predictions of 0.5%
Written on June 24, 2025 at 6:13 pm, by davin
Canadian CPI exceeds forecasts; EUR/USD, GBP/USD climb; gold nears $3,300; altcoin interest declines; Strait tensions.
Sellers dominate the USDCHF, driving it towards this year’s lows amid geopolitical tensions and rate expectations
Written on June 24, 2025 at 5:49 pm, by davin
USDCHF declines continue amid Middle East peace optimism, lower rate expectations, and dovish FOMC signals, testing key lows.
The Core Consumer Price Index in Canada increased by 0.6% in May compared to 0.5%
Written on June 24, 2025 at 5:43 pm, by davin
Canada’s CPI rises, EUR/USD hits highs, gold nears $3,300, Bitcoin steadies, oil risk concerns persist.
Trump announced that China will resume oil purchases from Iran while hoping for US purchases too
Written on June 24, 2025 at 5:18 pm, by davin
Oil prices fell further after tweet about China buying Iranian oil, adding pressure to an already declining market.
The Current Account of the United States was recorded at $-450.2 billion, disappointing forecasts
Written on June 24, 2025 at 5:12 pm, by davin
U.S. current account deficit hits $450.2 billion, exceeding expectations; investment decisions require thorough research.
The Philadelphia Fed’s non-manufacturing index reported a rise from -41.9 to -25.0, showing volatility
Written on June 24, 2025 at 4:48 pm, by davin
Philadelphia Fed’s non-manufacturing index improves, rising to -25.0 from -41.9, indicating modest sector recovery.