Romeo

GBPUSD sends mixed signals near key support area of 1.3250. Bulls need a decisive close above 1.3285. GBPUSD seems to have ended Monday’s session with an inverted hammer candlestick - a potential sign of a positive reversal - just ahead of this week’s key FOMC and Bank of England (BoE) rate decision

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China's Finance Ministry said on Friday that the current world economic growth momentum was insufficient, with tariff and trade wars further impacting economic and financial stability, per Reuters. He called on all parties to further improve the international economic and financial system by strengt

On the radar March retail sales in Poland arrived at -0.3% y/y. Today, unemployment data will be released in Poland. There are no other releases scheduled. Economic developments Earlier this week, Eurostat published government finance statistics for EU member countries in 2024. These statistics incl

On the radarIn Poland, March industrial production increased by 2.5% y/y, wages by 7.7% y/y and PPI declined by 1.1% y/y.Gross nominal wages rose by 14.9% y/y in February in Croatia, while unemployment in March was at 5.1%.Today at 10 am, Poland will publish retail sales data.Economic developments Y

President Donald Trump's public criticism of Fed Chair Jerome Powell has fueled concern that he will try to fire the central bank chief, but even that historic and legally questionable move may not be enough for Trump to bend monetary policy in his preferred direction. Even firing Powell won't neces

The Japanese yen has rallied for a third straight day. In the European session, USD/JPY is trading at 140.38, down 0.33% on the day. The yen has climbed 1.3% since Thursday, as the US dollar is under pressure against the major currencies. BoJ Core CPI remains at 2.2% BoJ Core CPI, a key inflation in

Macro data released last week showed the government policy support has been generating positive impact on the economy. China’s Q1 GDP delivered a strong growth of 5.4%yoy, above market expectations of 5.2%yoy. Meanwhile, overall March’s monthly macro data pointed to a growth acceleration from prior