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EUR/USD Breaks Out, USD/JPY in Tailspin After Benign US Inflation Report

Posted by By 15/05/2024Posted inForex
This article explores the outlook for the U.S. dollar following April’s U.S. inflation report, focusing primarily on two FX pairs: EUR/USD and USD/JPY. Key tech levels to watch in the…
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US Breaking News: US CPI Prints Largely in Line with Estimates, USD Dips

Posted by By 15/05/2024Posted inForex
US CPI printed broadly in line with consensus estimates, resulting in a continued move lower for US yields and the greenback while gold received a helpful bid
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FTSE 100 trades in new record highs with DAX 40 and S&P 500 close on its heels

Posted by By 15/05/2024Posted inForex
Outlook on FTSE 100, DAX and S&P 500 ahead of US CPI print
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US Crude Oil Hands Back Early Gains As Demand Doubts Resume Control

Posted by By 15/05/2024Posted inForex
Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise
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USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?

Posted by By 15/05/2024Posted inForex
US CPI is expected to take a step back, something the Fed has been searching for all year after multiple stubborn prints dented the committee’s confidence in taming prices
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US Inflation Preview: How Will CPI Data Impact Gold, the US Dollar & Yields?

Posted by By 15/05/2024Posted inForex
Wednesday's U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI numbers surprise…
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Gold Prices Bid Despite Hot PPI, Inflation Data Next – What Now for XAU/USD?

Posted by By 14/05/2024Posted inForex
Wednesday's U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic shifts in gold prices.
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USD/JPY Surges Despite Warnings: Interest Rate Differential Fuels Carry Trade

Posted by By 14/05/2024Posted inForex
The Japanese yen continues to depreciate, testing Japanese officials ahead of US CPI data. Officials remain focused on undesirability of FX moves, not levels
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Euro Hovers Warily Against the Dollar Before the Week’s Main Events

Posted by By 14/05/2024Posted inForex
Some more perky German sentiment data couldn’t do much for a market fixated firmly on bigger fish coming up later this week
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Dow & Nasdaq 100 Make Gains, while Hang Seng Rockets Higher

Posted by By 14/05/2024Posted inForex
US indices continue their recovery from the April lows, while the Hang Seng’s huge gains have continued
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