Euro Slides Against Perky Dollar As US Inflation Springs Upside Surprise
US CPI has ticked up unexpectedly, if not yet to the sort of levels which might cause the market to seriously rethink its rate-cut bets
US Inflation Comes in Hotter-Than-Expected, USD Gets a Small Bid, Gold Drifts
US inflation came in above expectations in February but the market is currently shrugging off the data having any impact on policy as US rate cut expectations remain unchanged.
Dax and S&P 500 Hold Steady while Nikkei 225 Drops Back
While the Dax and S&P 500 are awaiting US inflation data today, the Nikkei 225 continues to retreat from its recent record peak.
British Pound Latest – UK Labor Market Cools, GBP Steadies, FTSE 100 Probes Higher
The latest official UK labor statistics show the UK jobs market cooling a fraction with the unemployment rate nudging higher and wages ticking lower.
US Inflation Preview: What’s Ahead for Gold Prices, the US Dollar and Stocks?
Gold prices, the U.S. dollar, and stocks will be highly responsive to the February U.S. inflation report, as consumer price index data holds the potential to shape the Federal Reserve's…
US Dollar Gains Before US Inflation, Volatility Ahead – Setups on EUR/USD, USD/JPY
The U.S. dollar rebounded slightly on Monday, following last week's sharp decline, ahead of the release of key U.S. inflation data that could determine the near-term outlook for currency markets.
British Pound Update, GBP/USD Near Multi-Month Highs, EUR/GBP Eyes New Lows
The Bank of England is expected to lag both the Fed and the ECB when it comes to cutting interest rates, helping to boost Sterling against the US dollar and…
Japanese Yen Gains Again As Dollar Wilts, BoJ Policy in the Spotlight
The Yen is gaining as investors scent not only lower US interest rates but also, just possibly, higher Japanese ones
FTSE 100 rallies off morning low, while Dow and Nasdaq 100 subdued after Friday payrolls
The FTSE 100 is edging higher, while US markets find themselves caught between last Friday’s payrolls and tomorrow’s inflation data.
US Dollar Weakness Persists, Bitcoin Hits a New All-Time High, Gold Consolidates
A quiet start to the week across most markets ahead of Tuesday’s US CPI release, although Bitcoin is soaring to a fresh record high.