About: melody

Recent Posts by melody

The Consumer Price Index in the United States fell short of expectations by 0.2%

April CPI rose 0.2%, easing inflation fears; USD weakened, boosting EUR/USD and GBP/USD; gold steady.

Caution is key for the ECB, as hawks prefer data before making any rate adjustments

Joachim Nagel urges caution, emphasizing data-driven decisions amid concerns over the pace of ECB rate cuts.

Despite soft trading against G10 currencies, the US Dollar retains recent gains before inflation data

US Dollar holds gains; SEK, AUD, NZD outperform; markets steady ahead of US CPI data release.

The small business optimism index for April was 95.8, surpassing the anticipated 94.5, indicating cautious sentiment

Small business optimism dipped in April as hiring difficulty lessened and uncertainty remained above historical averages.

After UK labour market data release, the Pound Sterling trades cautiously against its peers

Pound Sterling softens as UK unemployment rises, suggesting potential Bank of England rate cuts amid global shifts.

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