Euro Plunges After US CPI Data, Leaving EUR/USD at Risk Amid More Bullish Retail Bets

[ad_1] 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

Gold refreshes two-week high ahead of US inflation data

[ad_1] Share:   Gold price holds gains tightly as Fed policymakers support an unchanged monetary policy ahead. The US Dollar reported bearish closes six times in a row as hawkish Fed bets wane. Investors await the US inflation data, which is expected to fall further. Gold price (XAU/USD) clings to gains backed by

Dollar flat ahead of release of Fed minutes, PPI data By Investing.com

[ad_1] © Reuters Investing.com – The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a

US Data will Test Short Term Direction

[ad_1] Article by IG Senior Market Analyst Shaun Murison USD/ZAR Key Takeaways: 1. The recent recovery of the Rand against the US Dollar is primarily due to the weakening of the dollar rather than the strengthening of the Rand itself. 2. The US Dollar is currently underperforming against various currencies, following remarks from Federal Reserve