Fed's Goolsbee: We will do whatever it takes to beat inflation

There is a ‘big gap’ between the data and how consumers/businesses feel about the economy Inflation is front-of-mind to me Inflation is improving but still too high The Fed’s Collins is due up on CNBC in a couple minutes. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز

Mexican Peso erases its earlier gains ahead of next week Mexico’s inflation data

Share: Mexican Peso’s advance against the US Dollar halts, with USD/MXN bouncing from recent lows despite broad-based USD weakness. Banxico officials hint at a less restrictive monetary policy yet suggest gradual rate cuts. Upbeat US economic data and Federal Reserve officials’ resistance to early rate cuts propelled the USD/MXN up move. Mexican Peso

It’s Time for Eurozone Inflation

EUR/USD ANALYSIS All eyes now shift to eurozone CPI to round off the week. ECB President & Fed speakers under the spotlight later today. EUR/USD finds resistance at overbought zone. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts

US Dollar recover, eyes on Jobless Claims and Fed speakers

Share: The DXY index first declined to 104.00 and then recovered to 104.40. The headline and core PPI cooled down in October, while US Retail Sales declined but were lower than expected.  Investors seem to worry that strong economic activity data might weigh more than cooling inflation in the Fed’s eyes. The US

Gold Prices Gain On More Signs Global Inflation Rolling Over

Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European session,

Gold continues winning streak as investors see Fed reaches endgame

Share: Gold price rises for the straight third trading session due to easing US inflation. The US headline CPI rose at 3.2%, its slowest pace for two years. Investors await US Retail Sales, PPI, and the outcome of the Biden-Xi meeting. Gold price (XAU/USD) extends rally as easing price pressures in the US