Japan Industrial Production (MoM) below forecasts (4.3%) in April: Actual (4%)

Japan Industrial Production (YoY) rose from previous 3.5% to 5.7% in April

AUD/USD: dollar weakness prevails and headed to 0.7550 near term?

Currently, AUD/USD is trading at 0.7460, down -0.08% on the day, having posted a daily high at 0.7472 and low at 0.7457. AUD/USD is consolidating the minor recovery from the 0.7420 area, testing 0.7470, a previous resistance in May. this too is where the 4hr 200 EMA at 0.7468. The Aussie i ...

United Kingdom BRC Shop Price Index (YoY) rose from previous -0.5% to -0.4% in May

Sentiment towards the USD remains poor – ANZ

Analysts at ANZ explained that the sentiment towards the USD remains poor, and the DXY is back to the levels seen prior to last November’s US presidential election.  Key Quotes: "Political risk premium has shifted away from the EUR towards the USD. Markets remain upbeat over E ...

United Kingdom Gfk Consumer Confidence above forecasts (-8) in May: Actual (-5)

South Korea Service Sector Output dipped from previous 0.4% to 0.1% in April

South Korea Industrial Output (YoY) came in at 1.7% below forecasts (5%) in April

South Korea Industrial Output Growth registered at -2.2%, below expectations (0.8%) in April

EUR/GBP up, up and away n latest UK polls, eyes 0.8750

Currently, EUR/GBP is trading at 0.8724, up 0.29% on the day, having posted a daily high at 0.8743 and low at 0.8697. YouGov poll: UK Conservatives projected to fall 16 seats short of overall majority EUR/GBP took off on the latest surprise poll that really rubs salt into sterling's wounds du ...

Reassessing the path for US monetary policy – ANZ

Analysts at ANZ noted that the Federal Reserve Governor Brainard noted overnight that soft inflation could cause her to reassess the path forward for monetary policy.  Key Quotes: "That’s stating the obvious." "What was interesting was the stated tension between signs th ...

Pound drops sharply in Asia on latest election opinion poll

Investing.com - The British pound dropped sharply in early Asia on Wednesday as an opinion poll on the June 8 election showed the conservatives losing ground. GBP/USD fell 0.34% to 1.2814 after a a report that British Prime Minister Theresa May's Conservative Party risks falling short of winning a ...

NZD/USD: attacking the 0.71 handle

Currently, NZD/USD is trading at 0.7094, down -0.03% on the day, having posted a daily high at 0.7103 and low at 0.7090. RBNZ Financial Stability Report: global policy uncertainty remains elevated and debt burdens are high in a number of countries NZD/USD was offered into the latest confirmatio ...

GBP/USD sharp fall to test key supports below 1.2700 on latest polls

Currently, GBP/USD is trading at 1.2799, down -0.46% on the day, having posted a daily high at 1.2866 and low at 1.2791. YouGov poll: UK Conservatives projected to fall 16 seats short of overall majority The latest polls came in showing that the UK Conservative party projected by polling fir ...