EUR/GBP rose to 0.8340 after UK CPI data showed lower-than-expected inflation, impacting Bank of England policy.
EUR/USD faces downside pressure near 1.0760, with sellers in control; 1.0780 remains a key resistance level.
UK inflation falls; Pound dips. EUR/USD below 1.0800. Gold, Copper rise. SHIB surges. Market eyes US data.
Neel Kashkari and Alberto Musalem will discuss labour markets, inflation, and monetary policy at separate events today.
CrowdStrike’s stock surged 8% after BTIG’s upgrade, despite past losses and valuation concerns, signaling growth potential.
BOJ Governor Ueda suggests stronger measures if inflation exceeds expectations, focusing on wages, foreign risks, and CPI.
USD/IDR rebounds as Bank Indonesia intervenes, but US tariffs and Fed rate cut expectations influence movement.
PBOC sets yuan midpoint at 7.1754, injects 159.5 billion yuan via reverse repos at 1.50% rate.
Gold prices in the Philippines dropped, with per gram at 5,596.49 PHP, influenced by global and local factors.
Careful analysis needed to assess inflation; temporary food inflation insufficient; ETF strategy cautious to avoid market impact.
