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Tag: michigan consumer

Australian Dollar maintains mild gains amid a steady US Dollar, Retail Sales eyed

Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...

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Gold slumps and braces around $2,150.00 as US inflation reaccelerates

Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing. Rise in US Treasury yields post-PPI...

Mexican Peso sees late dip against US Dollar, end week positively amid Fed speculations

Mexican Peso sees modest losses as US inflation data tempers Fed easing expectations. Industrial Production in Mexico shows resilience, reinforcing views on potential Banxico rate...

EUR/USD trades close to make-or-break level ahead of weekend

EUR/USD has fallen to the 1.0800s, close to a critical level for the short-term trend. Further weakness could tip the near-term outlook in favor of...

USDCAD Technical Analysis – All eyes on the US CPI report today | Forexlive

USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed...

Economist Paul Krugman Wants Biden to Take Credit for ‘Extremely Good’ U.S. Economy

In a thought-provoking social media thread on platform X (formerly known as Twitter) on 10 February 2024, Paul Krugman dissected the current economic climate,...

NZDUSD Technical Analysis | Forexlive

USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle....

S&P index is a new 52 week high. NASDAQ closes at its highest level this year | Forexlive

The US jobs report was stronger than expectations. That sent yields higher, but when the Michigan consumer sentiment also showed strength but with sharply...

GBP/USD extends gains near 1.2230, focus on UK, US inflation data

Share: GBP/USD strengthens ahead of inflation data from both economies. UK GDP data showed better figures than expected, suggesting to avoid...

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