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EUR/USD advances to fresh tops post-US CPI
The weak stance of the Greenback encourages EUR/USD to gather extra steam following the release of US inflation data in April, which came in lower than expected, as measured by the CPI.
GBP/USD extends the recovery past 1.2600 on US CPI
GBP/USD maintains its upward momentum well and sound and breaks above the 1.2600 mark on the back of extra losses in the US Dollar after the release of US inflation data tracked by the CPI.
Gold climbs to three-week peaks following US inflation
Gold prices uphold their positive price action following April’s US inflation data, which came in short of expectations according to the CPI, while US yields maintain their bearish trend unchanged so far on Wednesday.
Ripple’s discounts for institutional clients stir debate among attorneys discussing SEC lawsuit
Ripple price consolidates in a tight range around $0.50 on Wednesday as the Securities and Exchange Commission (SEC) legal battle against payment-remittance firm Ripple intensifies with two key issues in focus this week.
US inflation and Retail Sales data add to pressure on Fed to signal rate cut
The US CPI report for April was mostly in line with expectations. The annual rate for headline price growth fell to 3.4% from 3.5%, while the core rate declined to 3.6% from 3.8%.