Forex Today: Dollar soars as Wall Street plunges
What you need to take care of on Thursday, May 19: The greenback edged higher
Fed’s Harker sees 50 bps rate hikes in June, July, then ‘measured’ hikes
Reuters reported that Philadelphia Federal Reserve Bank President Patrick Harker on Wednesday said he expects
Australian Employment Preview: Forecasts from six major banks, will unemployment rate finally round down to less than 4%?
Australia is set to report its April employment figures on Thursday, May 19 at 01:30
Canada: Headline inflation could well accelerate again in May – CIBC
Data released on Wednesday showed the annual inflation rate rose to 6.8%, the highest level
USD/JPY: We continue to see the potential for further upside – Rabobank
Analysts at Rabobank continue to favour the US dollar over the Japanese yen as a
JPMorgan cuts US GDP estimates for 2022 and 2023
JP Morgan cut its expectation for US real Gross Domestic Product (GDP) for the second
Eurozone final inflation rises 0.6% MoM in April vs. 0.6% expected
Eurozone inflation arrives at 7.4% YoY in April, misses estimates. Monthly HICP in the bloc
China: Economic activity disappointed in April – UOB
Economist at UOB Group Ho Woei Chen, CFA, reviews the latest results from the Chinese
NZD/USD Price Analysis: Sellers flirt with 0.6300 with eyes on yearly low
NZD/USD bears take a breather following the biggest daily fall in a week. Short-term SMAs
AUD/USD Price Analysis: Bears jostle with 100-SMA, weekly support below 0.7000
AUD/USD remains on the back foot despite the latest consolidation of the previous day’s losses.