US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers

The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon.

EUR/USD Rises after Shock US PMI Highlights Demand Weakness

EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains

British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations

Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough

Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus

The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict

Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week

Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?