Chime prices IPO at $27 a share, above its expected range
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EUR/USD extends gains on dovish US CPI, flirts with 1.15
EUR/USD advances as lower US inflation sparks calls for aggressive Fed rate cuts. Trump urges full percentage point cut in Fed funds rate post-CPI. ECB policymakers cautious, but inflation outlook hints at further fine-tuning. The EUR/USD surged during the North American session but remains shy of clearing the 1.1500 figure, following the release of a
Goldman Sachs forecasts uptick in Fed preferred core PCE inflation amid tariff concerns
Despite a cooler-than-expected Consumer Price Index (CPI) reading, Goldman Sachs anticipates that the Federal Reserve’s preferred inflation measure—the core Personal Consumption Expenditures (PCE) index—likely rose by 0.2% in May, up from 0.1% in April. This increase would elevate the year-over-year core PCE rate to 2.6% from 2.5% . The projected rise is attributed to the
North American markets recap for June 11, 2025
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
GBP/USD climbs as US CPI miss fuels Fed rate cut bets
GBP/USD climbs as US CPI miss fuels Fed rate cut bets GBP/USD holds above 1.3500 as USD loses strength after CPI Pound Sterling edges lower against US Dollar ahead of US inflation data Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page
Major European indices closing the day mostly lower
The major European indices are closing the day mostly lower. The exception is the UKs FTSE 100 which rose 0.23%. A snapshot of the closing levels are showing: German DAX -0.06% France’s CAC -0.34% UK FTSE 100 +0.23% Spain’s Ibex -0.59% Italy’s FTSE MIB -0.09% The EURUSD is stretching to new highs as European/London traders
EURUSD jumps on CPI: what are the next hurdles?
The Euro is currently leading gains across the currency board following the weaker-than-expected US CPI release, nearing a break of last week’s highs against the US Dollar. While the initial CPI reaction saw reversals in several assets, such as the Nasdaq briefly surpassing the 22,000 milestone before retreating, EUR/USD continues to consolidate at its highs.
AUD/USD climbs to new highs north of 0.6500
AUD/USD adds to the weekly advance, surpassing the 0.6500 mark. The US Dollar remains under pressure from economic data, US-China trade deal. The US CPI fell below consensus, rising by 2.4% YoY in May. The upward trend in the Aussie Dollar (AUD) continues unabated this week, with AUD/USD advancing for the third consecutive day and
Dollar Drops on CPI Miss; Trade Optimism Offers Limited Support
Dollar fell broadly following weaker-than-expected US inflation report for May, reinforcing the narrative that consumer prices have not yet felt the full brunt of tariff pressures. The data offered some relief that the feared pass-through from tariffs to end consumers hasn’t materialized, at least not yet. However, it wasn’t enough to shift expectations for the
CPI Misses, Everything (But the Dollar) Rallies–Market Reactions
US Consumer Prices came in notably weaker than expected. Specifically, Core CPI, which was anticipated at +0.3% month-over-month, registered +0.1% month-over-month, bringing the year-over-year figure to 2.8%. Headline CPI also showed a softer reading, at 0.1% m/m against a 0.2% expectation. Markets had remained subdued at the beginning of the week in anticipation of this
USD/JPY Forecast: Economists Push Back BoJ Hike Timeline
The USD/JPY forecast shows an increasing likelihood that the BoJ will delay rate hikes to next year. Talks between China and the US ended, easing trade war fears. Traders are paying close attention to the upcoming US CPI report. The USD/JPY forecast shows an increasing likelihood that the Bank of Japan will delay rate hikes
Vodafone-Three Merger: Creating UK’s Largest Mobile Operator
Transformational merger creates market leader In a significant move to strengthen its market position, Vodafone completed a £16.5 billion merger with Three UK in May 2025. The newly formed entity, VodafoneThree, now stands as the UK’s largest mobile operator, serving 27 million customers. The merger includes a commitment to invest £11 billion over the next decade
ECB’s Kazaks: Keeping 2% inflation will require some further cuts for fine tuning
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Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 11, 2025)
2025.06.11 2025.06.11 Short-Term Analysis for Oil, Gold, and EURUSD for 11.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trying to rise
Malaysia Industrial Output Growth Eases
Malaysia’s industrial output growth moderated in April amid contractions in the mining and electricity sectors, figures from the Department of Statistics showed on Wednesday. Industrial production climbed 2.7 percent year-over-year in April, slower than the 3.2 percent increase in the previous month. Production has been rising since January 2024. Among sectors, mining activity shrank 6.3