Flash May Euro Area CPI: The Case for Another ECB Cut? – Orbex Forex Trading Blog

The Swiss franc has edged higher on Monday. USD/CHF is currently trading at 0.8514, up 0.16% on the day. With US markets closed for Labor Day, we’re unlikely to see much movement from the US dollar today. Swiss retail sales rebounds Switzerland’s retail sales for July surprised on the upside, with an impressive gain of…

Wall Street opened May on a strong note. The Dow Jones (US30) was up 0.21% on Thursday. The S&P 500 Index (US500) added 0.63%. The Nasdaq Technology Index (US100) increased by 1.10%. Strong earnings results from technology giants and optimism about global trade talks drove the rise. Microsoft shares jumped by 10% after the company…

The forex spotlight was mainly on U.S. jobs-related data throughout the shortened trading week, as traders braced for the August NFP release later on. Any other catalysts that pushed major currencies around? Source link

JAKARTA (Reuters) -Indonesia’s central bank intervened in the foreign exchange market to defend the rupiah, its governor said on Friday, vowing to use monetary policy to stabilise the currency after it fell to over four-year lows against the dollar. The rupiah skidded 0.9% to 16,415 per dollar in afternoon trade, the lowest level since April…

Following the breakout in early February, PepsiCo is currently correcting but remains poised to continue higher, potentially improving upon the recovery from May 2025. With a generally bullish outlook, this blog post outlines two likely scenarios and provides guidance for traders. PepsiCo investors faced a significant downturn, with stock prices plummeting from around $197 in…