GBP PRICE, CHARTS AND ANALYSIS: Read More: FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally? GBP has struggled of late and has attempted a recovery in the early part of this week. UK inflation data is due tomorrow and following a sharp increase in headline inflation in the US and Canada, is
US Stocks barely budged yesterday, with all indices ending the session with tiny gains; volumes were muted too. On the other side of the ocean, we witnessed substantial losses among European indices, probably also weighed down by the ECB’s decision last week. The worst of all was the FRA40 after one of the largest domestic
Bank of Canada Deputy Gov. Sharon Kozicki is speaking and says: One of the big drivers in August CPI inflation was energy and gasoline prices. They can be pretty volatile It will take a lot of time to sort through the inflation data, given what’s going on underneath Energy prices on their own, if it’s
Number of traders net-short has decreased by 17.36% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Wall Street BEARISH 51.31% 48.69% 27.10% Daily 29.45% Weekly -15.41% Daily -17.36% Weekly 2.12% Daily 1.47% Weekly of clients are net long. of clients are net short. Change in Longs
EUR/USD FORECAST: EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed’s announcement The FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are expected, but the bank will release the eagerly-awaited “Summary of Economic Projections” This article analyzes possible scenarios for the
The pair is experiencing significant selling pressure this Tuesday as the US Dollar weakens ahead of the Federal Reserve’s interest rate decision. Meanwhile, Statistics Canada reports that the headline Consumer Price Index (CPI) expanded at a pace of 0.4%, higher than expectations of 0.2%. The annual headline inflation has also accelerated sharply to 4% against
Share: The US Dollar turns choppy as strike risks escalate at biggest US car makers. Traders will likely keep powder dry for the Fed interest rate decision on Wednesday. The US Dollar Index breaks below 105 and rebounce at start US session. The US Dollar (USD) takes a step back ahead of the
USD/CAD prices slumped to levels last seen in early August after Canadian CPI showed elevated levels on both core and headline inflation. لینک منبع : هوشمند نیوز
The USDZAR pair is perched near the 19.00 level, awaiting the South African CPI (Inflation) Report due on Wednesday, 20 September 2023, at 08:00 GMT. This report, a compass in the realm of economics, promises to unveil the intricate tapestry of inflation’s past, present, and future and how it casts its shadow over consumer welfare,
The AUDUSD moved higher in trading today. Fundamentally, the RBA meeting minutes showed that the debate was for a 25 basis point hike which helped to support the AUDUSD in trading today. The move to the upside extended in the early North American session up to the high price from last week (on Friday) at
