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Day: May 11, 2018
May 112018
Philippine Peso Dropped on Dovish BSP Hike, Eyes Hong Kong GDP
Philippine Peso Talking Points: Philippine Peso declined despite a rate hike from the country’s central bank The BSP hinted that their move may have been a one-off adjustment for now USD/PHP could be volatile on the upcoming Hong Kong Q1 GDP release Trade all the major global economic data live and interactive at the DailyFX […]
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May 112018
EUR/USD Extends Rally Caused by CPI Miss
EUR/USD extended yesterday’s rally caused by the miss of the inflation data. Today’s data in the United States was a bit mixed, but mostly decent. Yet that did not prevent the currency pair from rising, erasing its losses over the week. Both import and export prices rose in April. Import prices increased by 0.3%, missing the average forecast of a 0.5% increase. On top of that, the March reading was revised from no […]
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