Brazil Retail Sales (MoM) came in at 0%, above expectations (-0.1%) in March

May 8, 2024

US Dollar gains ground ahead of batch of Fed speakers

The US Dollar (USD) extends gains on Wednesday, picking up momentum against most Asian peers. Leading the decline in Asian pairs is the Japanese Yen (USD/JPY) which is breaking above 155.00 and has

ECB's Holzmann: No reason to cut key interest rates too quickly and too strongly

European Central Bank (ECB) policymaker Robert Holzmann said on Wednesday that he doesn't see a reason to cut key interest rates "too quickly or too strongly," per Reuters.