US
Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures....
After starting the week with gains, the euro has been on a nasty slide, which has continued on Friday. EUR/USD has dropped below the symbolic 1.10 level in the European session and is at its lowest level since June 2020. Fire at Ukraine nuclear plant sends euro lower The intensified fighting which is raging in […]
The euro is steady on Thursday, as EUR/USD trades at 1.1330 in the North American session. Eurozone CPI hits 5.0% Inflation has been the buzzword across the major economies, boosted by soaring energy costs and supply bottlenecks which have resulted in shortages in some products. In the eurozone, inflation ticked up from 4.9% to 5.0% […]