Dollar steadies itself for now, US retail sales data eyed

[ad_1] If you compare it to the moves yesterday, it isn’t much. EUR/USD is down 0.3% to 1.0847 and GBP/USD down 0.3% to 1.2460 currently. The latter owes to softer UK inflation data earlier, though it also comes amid a push back after running against the 1.2500 mark and near the 100-day moving average (red

UK inflation the notable data release in the session ahead

[ad_1] It is all about the reaction to the US CPI data yesterday and for now, markets are looking calmer so far today. The dollar dropped heavily and may look to be challenged further, with EUR/USD leading the charge as seen here. Meanwhile, equities look poised to extend gains with S&P 500 futures now seen

Asia FX weakens, dollar creeps higher before inflation data By Investing.com

[ad_1] © Reuters Investing.com– Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy. Concerns over China also weighed on regional sentiment, as data showed a further slowdown in in the country through October. This saw the

New Zealand data: Card retail sales -0.7% m/m in October (prior -0.8%)

[ad_1] Card retail sales -0.7% m/m in October Card retail sales -2.0% y/y New Zealand households have been slammed by the long cycle of interest rate hikes by the Reserve Bank of New Zealand. Which, of course, is a feature not a bug in the battle to drive down inflation. [ad_2] لینک منبع : هوشمند

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

[ad_1] Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nikkei 225 Analysis and Charts ​​​Dow breaks trendline resistance ​The price continued to gain on Monday, moving above trendline resistance from the August highs. ​This now clears the way for a possible test of the September lower high around 35,000, and then

NZD/USD extends losses near 0.5870, focus on US data

[ad_1] Share: NZD/USD continues the downward trajectory for more than a week. NZD faces downward pressure as New Zealand’s Food Price Index fell 0.9% in October. Goldman Sachs anticipates the RBNZ to commence rate cuts starting in the fourth quarter of 2024. US inflation could grow but at a slower pace, which could put

GBP/USD drifting higher in thin Monday action as investors await key data

[ad_1] Share: The GBP/USD is seeing some minor lift ahead of Tuesday’s bumper data reading. An easy Monday to give way to a bumper economic calendar data docket. UK wages & labor, US CPI in the barrel. The GBP/USD climbed to a Monday high near 1.2280 as markets jockey for position ahead of Tuesday’s

How Will Gold Price, EUR/USD, Nasdaq 100 React to CPI Data?

[ad_1] GOLD, EUR/USD, NASDAQ 100 FORECAST Gold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation report The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday Headline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to