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Tag: CPI data

GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to...

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Gold retreats as US CPI data diminishes Fed rate cut hopes

Gold drops as US inflation data complicates Fed rate cut intentions. Investors rethink Fed's monetary approach amid persistent inflation as they now expect two rate...

Canadian dollar dives as US CPI dampens Fed easing hopes

Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably...

Intraday Analysis – USD Awaits CPI Data – Orbex Forex Trading Blog

US 30 looking for the high ground The Dow Jones 30 looks to recoup its recent losses with a climb above 39000. The index...

Mexican Peso extends uptrend to almost nine-year highs against USD

The Mexican Peso continues rising to almost nine-year highs against the US Dollar (USD).  Mexican inflation data for March is scheduled for release on Tuesday...

USD/INR loses momentum ahead of US CPI data

Indian Rupee gains momentum on Tuesday due to the risk appetite and robust Indian economy outlook.  The upbeat US labour market data and delaying rate...

USD/JPY holds positive ground around 151.50 following Japanese CPI data

USD/JPY trades on a stronger note around the mid-151.00s on Friday.  Japan’s Kishida said it was appropriate for the BoJ to maintain easy monetary policy.  Fed’s...

USD/CAD Price Pauses by 1.3580, Focus on Canadian CPI

The USD/CAD bias is bullish despite minor retreats. The false breakouts signaled exhausted buyers. The Canadian inflation data should bring sharp movements. The USD/CAD price is...

The Week Ahead – All Eyes on the Fed – Orbex Forex Trading Blog

GBPUSD falls back in the channel The pound slipped against the dollar after progressive retail and PPI data came out of America. It will...

Bitcoin Tumbles to $67K As Asia Begins Trading Day

"The recent strong CPI data has further cooled the expectation of a Fed rate cut, and gold prices have also tumbled. The recent...

ForexLive European FX news wrap: Yen holds firm, Bitcoin tops $71,000 | Forexlive

Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.2%US 10-year yields down 0.7 bps to 4.081%Gold flat at $2,177.42WTI...

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