US PCE Inflation Rises to 3.6% in September as Real Consumer Spending Stalls
US headline PCE inflation rose to 3.6% y/y in September, matching expectations, while inflation-adjusted consumer spending was virtually unchanged. Real…
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Euro holds near $1.1125 as ECB decision follows Fed hold
The euro traded little changed near its yearly lows on Thursday as the dollar slipped from two-week peaks after the…
ECB Expected to Hold Rates at 2.50% as Lagarde Is Seen Avoiding Guidance
Danske Markets expects the ECB to leave policy rates unchanged on Thursday and Lagarde to offer no firm guidance. The…
Euro stays under pressure as Fed holds rates and ECB meeting looms
The euro remained under broad pressure as the Federal Reserve held rates and French fiscal worries lingered. The euro also…
Bank of Canada raises overnight rate 25 basis points to 2.5%
The Bank of Canada raised its overnight rate target by 25 basis points to 2.5%. It cited higher and more…
