US Dollar Sluggish as Poor Manufacturing PMI Strengthens Case for Fed Pause

Weak factory activity data and rapidly falling prices paid by manufacturers in May could strengthen the case for the Fed to hold rates steady at its meeting this month, a move that could weigh on the U.S. dollar.

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Gold Price Latest: XAU/USD Pushing Higher, Treasury Yields Remain Volatile, Jobs Reports Near

Short-dated US bond yields can’t make their mind up if they are going lower or not, and this is leaving gold traders at risk of increased volatility.

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GBP/USD Price Outlook: Cable Bid after the Fed Signals a “Skip” in June

Fed Governors came out and signaled their preference for a “skip” at the next FOMC meeting, sending the dollar lower. NFP up next as the major event risk ahead

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Euro Area Inflation Slows Hitting February 2022 Lows, EUR/USD Bid

Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from hiking rates at its upcoming meeting

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