TEC-DAX climbs after 5G Auction

The DAX has moved higher on Thursday. Currently, the index is at 12,170, up 0.46% on the day. In economic news, German Final CPI came in at 0.2%, matching the forecast. Eurozone industrial production declined 0.5%, weaker than the estimate of -0.4%. In Germany, the auction of 5G spectrum ended, boosting some telecom companies listed […]

EUR/USD – Euro dips below 1.13

EUR/USD is flat in the Thursday session. Currently, the pair is trading at 1.1286, down 0.01% on the day. On the release front, German Final CPI came in at 0.2%, matching the forecast. Eurozone industrial production declined 0.5%, weaker than the estimate of -0.4%. In the U.S., unemployment claims is expected to dip to 215 […]

NZD/USD – NZ Dollar takes pause from slide

The New Zealand dollar is flat on Wednesday, after posting sharp losses this week. In North American trade, NZD/USD is trading at 0.6579, down 0.04% on the day. On the release front, New Zealand Visitor Arrivals declined by 3.1% in April, marking a fourth decline in the past five releases. In the U.S, the focus […]

FTSE dips on weak Chinese inflation

The FTSE rally has taken a pause in the Wednesday session. Currently, the index is trading at 7,369, down 0.37% on the day. On the release front, U.S. inflation numbers for May were soft. CPI slowed to 0.1%, down from 0.3% in the previous release. This matched the estimate. The core reading posted a gain […]