US Dollar Slips after Core PCE meets Expectations, USD still needs a Driver
The latest US inflation data came in line with market expectations, disappointing a market that has been looking for a driver.
The latest US inflation data came in line with market expectations, disappointing a market that has been looking for a driver.
US indices continue to tiptoe lower after last week’s highs, while the Hang Seng’s bounce from the January lows is coming under pressure.
EU jobs and inflation data in focus today alongside US PCE figures. EUR/USD sits on a key level as traders adopt a ‘wait and see’ approach to FX moves
USD/JPY slips back below 150 after one Bank of Japan board member suggested that the central bank’s inflation target is finally in sight
This article provides an in-depth analysis of the outlook for EUR/USD, USD/JPY, GBP/USD and gold prices, exploring various potential scenarios that may manifest over the coming days and weeks.
The euro has shown signs of fatigue ahead of next week’s ECB meeting as institutional shorts pick up, attempting to narrow the gap
The US economy expanded by 3.2% according to the second estimate of US GDP released today, slightly below the initial estimate. In the third quarter the US economy expanded by 4.9%.
The Japanese authorities appear more wary of involvement in FX markets than they once were, but entrenched Yen weakness may see it back in play.
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of the second estimate of the US Q4 GDP growth and PCE inflation prints.
Markets have all but removed the likelihood of further rate hikes from the RBNZ after its dovish hold on the official cash rate. Aussie monthly inflation remains at 3.4%