Kenny Fisher

1 day ago | fxstreet.com | Kenny Fisher

The Australian dollar is showing limited movement on Thursday. In the European session, AUD/USD is trading at 0.6412, down 0.12% on the day. Australia's economy added 89 thousand jobs in April, blowing past the market estimate of 20 thousand and above the upwardly revised gain of 36.4 thousand in March. Full-time employment was up an impressive 59.5 thousand. The unemployment rate was unchanged at 4.1%.

2 days ago | fxstreet.com | Kenny Fisher

The Japanese yen has posted strong gains for a second straight day. In the North American session, USD/JPY is trading at 146.32, down 0.79% on the day. The yen plunged 2.1% on Monday but has now recovered those losses. Wholesale inflation in Japan remained high, rising 4% y/y in April. This was slightly lower than the revised 4.2% gain in March and was in line with expectations. This is the fourth straight month that PPI has been at 4% or higher, as companies continued to pass on costs to consumers.

2 days ago | es.dailyforex.com | Kenny Fisher |Sara Buganim

Por Kenny Fisher Revisor Sara BuganimSara Buganim dirige el equipo editorial en Español de Global on Media. Antes de entrar en el mundo del Forex, Sara se licenció en Biología por la Pontificia Universidad Javeriana de Bogotá (Colombia). Desde entonces, ha adquirido más de una década de experiencia en fintech latinoamericano, habiendo trabajado para gigantes de la industria como iForex, y AvaTrade, antes de unirse al equipo de DailyForex en 2019. ...

2 days ago | dailyforex.com | Kenny Fisher

The US consumer price index (CPI) rose 2.3% year-on year in April, down from 2.4% in March and below the market estimate of 2.4%. This was the lowest annual inflation rate since February 2021. Gasoline prices dropped sharply and a steep decline in egg prices sent grocery prices lower. Monthly, CPI rose to 0.2% from -0.1%, below the market estimate of 0.3%. Core CPI, which excludes food and energy and is considered a better gauge of inflation trends, remained unchanged at 2.8% year-on-year.

3 days ago | fxstreet.com | Kenny Fisher

The British pound has edged higher on Tuesday. In the European session, GBP/USD is trading at 1.3218, up 0.34% on the day. Uncertainty over the global economy, particularly US tariff policy, weighed on the UK employment report. The economy added 112 thousand jobs in the three months ending in March, down sharply from 206 thousand a month earlier and shy of the market estimate of 120 thousand. It was the weakest job growth in three months.