Share: The GBP/JPY extended losses into Friday trading, tapping into 181.27 and ending the week on the low side. The Pound Sterling rose to 183.82 in the mid-week, but bad data buds and souring market sentiment sent the Guppy back into the week’s lows. Coming up next week: UK labor and wages figures
© Reuters Investing.com – The U.S. dollar slipped lower in early European trade Thursday, hovering near a two-week low ahead of the release of key U.S. inflation data. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.377, just above the
Crude Oil, WTI, Brent, API, EIA, Fed, FOMC, US Dollar, US CPI – Talking Points Crude oil is struggling going into Thursday as the market awaits inventory data The Fed has been consistent in its messaging on a less aggressive stance If the US Dollar languishes, will that serve to underpin WTI?? Recommended by Daniel
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Friday, but remained near the previous session’s elevated levels after the release of sticky U.S. inflation data awakened the prospects of another Federal Reserve interest rate hike this year. At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against
USD/JPY ANALYSIS & TALKING POINTS Poor Japanese economic data keeps USD/JPY supported. US CPI expected lower after PPI miss yesterday. 150 retest on the cards. Supercharge your trading prowess with an in-depth analysis of the Japanese Yen outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide now! Recommended by
China’s run of low consumer inflation continues. And PPI continues to deflate y/y. The m/m PPI was +0.4%, rising oil a factor pushing it higher. Of more interest will be the trade data due some time around 0300 GMT (11pm US Eastern time). The release time is flexible. This article was written by Eamonn Sheridan
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro plunges most since early October on US CPI data In response, retail traders boosted upside EUR/USD bets Prices also rejected the key falling trendline from July Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro plunged over 0.8 percent against the US
Share: The Canadian Dollar is slumping against the US Dollar as markets scatter after a US CPI data beat. An uptick in US consumer prices is sending US Treasury yields higher as investors fear further Fed rate hikes. The Canadian Dollar finds little support in the inflation rush into safer assets. The Canadian
The major US stock indices are closing lower as CPI data was a bit higher than expectations and then the lower demand for the 30 year auction reminded traders that the US treasury supply is not going to be lower anytime soon, and if you start losing buyers (like the Fed and foreign buyers), that
S AND P 500 PRICE FORECAST: Most Read: Mixed US CPI Data as Core Inflation Falls to 2 Year Lows, DXY Rises and GBP/USD Slides US Indices have run into trouble thanks to a combination of key resistance levels and a sticky Inflation print. The inflation data actually came in rather mixed in my opinion
