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CURRENCIES: US Dollar and CPI Data Release: The U.S. dollar’s movement shows uncertainty as the market awaits the crucial U.S. Consumer Price Index (CPI) data. This report, expected to indicate a slowdown in inflation to 2.9% from 3.4%, is seen as …
As the markets recalibrate from the recent rate and dollar surge, all eyes this week turn to the US CPI and retail sales data for January, potentially marking a pivotal moment for future rate adjustments. With the Federal Reserve’s rate …
CURRENCIES: Gold Price Trends: Gold prices declined due to an increase in U.S. Treasury yields and a stronger U.S. dollar. Currency Market Movements: The EUR/USD and GBP/USD experienced slight drops but remained above critical technical levels. Anticipation of U.S. Inflation Data: The upcoming …
CURRENCIES: US Dollar and Upcoming CPI Report: DXY index rose, influenced by higher U.S. Treasury yields. Market awaits January inflation data; headline CPI expected to slow to 3.1%, core CPI to 3.8%. Higher than expected inflation could boost U.S. dollar …
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