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XAU/USD Drops Below 2,000 for the First Time in 2 MonthsThe US Dollar Index (DXY) rallied sharply and reached a 3-month high on Tuesday, while the gold price plunged. The price of gold fell below...
US CPI Key PointsUS CPI is expected to fall to 2.9% y/y, with the “Core” (ex-food and -energy) reading coming in at 3.8% y/y. The recent surge in the “Prices” component of the...
Ahead of the inflation data tomorrow, the US dollar is trading sideways and hovering near three-month highs. The greenback is currently approaching a key resistance level and could break higher if CPI...
Today sees one of the key event risks of the week – the annual US CPI benchmarks revisions. The Fed’s current position is that it is looking for confidence in the disinflation process....
EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%.German inflation expected at 0.2%Germany’s CPI is expected at 0.2% m/m on Friday,...
The euro is back at 0.8520 against the pound. The pair bounced off this level in June and August last year. Reaching the same level in late January triggered a shake-out, but active declines resumed...
The EUR/USD remains bearish, with traders cautious due to uncertain Fed easing expectations. Dollar rally eased as bond yields fell back, supported by stronger ISM services PMI, while Fed officials'...
· EURUSD meets lower boundary of bearish triangle · Market is in descending tendency...
EUR/USD has edged higher in the European session and trading at 1.0890, up 0.18% on the day. The euro had a strong day on Thursday, gaining 0.50%.Eurozone CPI Eases to 2.8%Inflation continues to fall...
The dollar is doing a little better and equity markets are a little softer after the Federal Reserve pushed back against early easing and US regional banks again hit the headlines. Softer CPI trends...
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