Monthly Archives: May 2021

Markets sold off overnight after much-stronger-than-expected CPI data was published in the US. Inflation came in at 0.8%, while core inflation soared to 0.9% (vs 0.2% and 0.3% respectively). This big beat sent US stocks into free-fall while investors piled

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A packed schedule this week with a stack of important information set for release. The USD copped a whack late on Friday due to the poor jobs report, with the euro and pound both capitalising. The EURUSD opened Friday at

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Focus turns to the UK

May 6, 2021

A busy day coming up for markets with a stack of information scheduled for release. The EURUSD opened at $1.20127 and lifted to an early high of $1.20262. It fell from those highs, hitting a low of $1.19854 mid-session. It

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RBA meeting looms

May 4, 2021

Attention turns to Australia as its central bank wraps up another interest rate meeting. The EURUSD opened the week at $1.20303 and slipped to lows of $1.20120 mid-session. It bounced off those lows and climbed to high of $1.20760 late

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