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Euro retreats as Powell signals cautious stance despite 25 bps Fed cut.US Jobless Claims dip and Philly Fed survey beats forecasts, reinforcing Dollar strength in post-FOMC trading.ECB officials strike a neutral tone, saying rates are appropriate, with balanced inflation risks but weaker growth outl

The short-term Elliott Wave analysis for EURUSD indicates an ongoing impulsive cycle that began on August 27. From that low, the pair has been advancing in a nested impulse structure. Wave ((i)) concluded at 1.1736, followed by a corrective pullback in wave ((ii)), which bottomed at 1.1605. The inte

European Central Bank (ECB) policymaker Francois Villeroy de Galhau made some comments on the French fiscal and economic outlook on Tuesday. Key quotes French growth is not strong enough but remains positive. We "seriously" have to tackle the debt problem. We can do it. There is no reason for France

According to ONS data out this morning, monthly GDP is estimated to have shown no growth in July 2025, following growth of 0.4% in June 2025 and a fall of 0.1% in May 2025. Meanwhile, exports of goods to the United States, including precious metals, rose by £0.8 billion in July 2025 but remain below

USD/JPY weakens to around 147.15 in Friday’s early Asian session.US CPI inflation rises to 2.9% YoY in August as expected. Uncertainty surrounding who will become the next Prime Minister could undermine the Japanese Yen and help limit the pair’s losses. The USD/JPY pair attracts some sellers near 14

He said: “US inflation increased to its fastest pace in seven months in August, in what is perhaps a tentative early sign that greater trade protectionism is beginning to filter its way through to higher consumer prices. At least up until now, American businesses appear to have borne the brunt of th

Slight increase in momentum could lead to Euro (EUR) edging higher, but it is unlikely to be able to break clearly above 1.1790. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Any advanc

USD/CHF struggles ahead of US JOLTS Job Openings and the Fed Beige Book due on Wednesday.The CME FedWatch tool indicates that more than 89% of a 25-basis-point Fed rate cut is expected in September.Thursday’s Swiss CPI data will likely provide insights into the SNB's policy outlook for September. US

Inflation edged higher in July, according to the Federal Reserve's preferred inflation measure, indicating that President Donald Trump's tariffs are working their way through the U.S. economy. The personal consumption expenditures price index showed that core inflation, which excludes food and energ