US CPI KEY POINTS: MOST READ: USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Zain
Share: Gold price attracts bids below $1,860.00 after a mild correction in the US Dollar. The US economy remains resilient due to falling inflation, stable labor demand, and robust consumer spending. Fed Kashkari said that current interest rates are not sufficiently restrictive to bring down inflation to 2%. Gold price (XAU/USD) retreats despite the
EURO AREA INFLATION KEY POINTS: Key News and Data Releases this Week, Download Your Free Guide for Tips on News Trading. Recommended by Zain Vawda Trading Forex News: The Strategy The core inflation rate in the Euro Area (filters out volatile food and energy prices) cooled coming in at 5.3% from a previous 5.5%. Core
© Reuters. FILE PHOTO: People walk along an elevated walkway at the Pudong financial district in Shanghai November 20, 2013. REUTERS/Carlos Barria/File Photo By Samuel Shen and Tom Westbrook SHANGHAI/SYDNEY (Reuters) – Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy
Share: The pair stands rose nearly to 150.00 after four consecutive days of losses. USD/JPY surrendered earlier gains after the BOJ’s Monetary Policy Statement reaffirmed its ultra-loose policy. Core PCE from the US retreated to 4.1% YoY in June, fueling a decrease in US yields. At the time of writing, the USD/JPY pair is