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May US CPI report undershot estimates

Today’s May US CPI report undershot estimates with -0.1% headline and core price declines, following a big -0.8% April headline drop with a...

FX Update – June 2 – Weaker USD

AUDUSD, H1 The Dollar has remained soft, with risk sentiment in global markets holding up, albeit with a weakening grip. Wall Street finished with modest...

US Update – May 28 – Data In line

EURUSD, H1 The -323,000 initial claims drop to 2.123 million in the fourth week of March extended the -241,000 decline to 2.446 million (was 2,438...

FX Update – May 26 – US Open

USDJPY, H1 The Dollar and Yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USDIndex (DXY) dipped by...

Housing Data & Testimonies in-focus

USDJPY, H1 US housing starts fell -30.2% to a 0.891 mln pace in April that was weaker than assumed. Yet, building permits fell by -20.8%...

US Retail Sales Crater & Empire State Improves

USDJPY, H1 US retail sales plummeted another -16.4% in April and dropped -17.2% excluding autos, to all-time lows. The April data picked up much of...

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