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Tag: CPI report

Intraday Analysis – USD Continues to Dominate – Orbex Forex Trading Blog

The GER 40 dead cat bounce drops prices The GER 40 continues to decline as a dead cat bounce begins its formation. A move...

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Gold advances to new lifetime high amid the worsening Middle East crisis

Gold price continues to scale new record highs amid persistent geopolitical tensions. The strong move up seems unaffected by reduced Fed rate cut bets and...

2024 Fed Rate Hike in Question: Inflation Surprises Challenge Soft Landing Plans

According to a report published in The Wall Street Journal on April 10, the Federal Reserve faces new challenges in its ongoing battle against...

USD/CAD Outlook: Bullish as BoC-Fed Divergence Widens

Headline US inflation rose 0.4% monthly and 3.5% on an annual basis. Investors now expect the first Fed cut in September. Governor Tiff Macklem said that...

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...

USDJPY Technical Analysis | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three...

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...

GBP/USD Price Analysis: BoE Cut Odds Rise After Weak UK Data

British wages minus bonuses grew much slower than expected. Investors expect a bigger 74bps of cuts by the BoE this year. Investors are preparing to receive...

Bitcoin breaks $52k, outperforms stocks to new 2024 high

Bitcoin came close to breaking through $52,000 Wednesday morning in New York,...

Gold – Falls below $2,000 after resilient display this year – MarketPulse

US inflation report hits gold Fewer Fed rate cuts...

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