Tag: Economic indicators

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Cleveland Fed Reports 0.2% Monthly Increase in PCE Inflation

The Cleveland Federal Reserve has reported a 0.2% monthly increase in PCE inflation. This means that prices for goods and services have gone up...
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USD/CAD Unchanged Post Canadian GDP and US PCE Data Release

USD/CAD has seen little movement around the 1.3700 level following the release of key economic data for both Canada and the US. The Canadian...
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USD/CAD Surges Above 1.3700 Before Core PCE Inflation Release

The USD/CAD pair has been on an upward trend for the fourth day in a row, reaching around 1.3710 during the European trading session...
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Eco Data Forecast for June 28, 2024 – Action Forex

On June 28, 2024, various economic indicators were released, providing insights into different economies around the world.In Japan, the Tokyo Consumer Price Index (CPI)...
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US Dollar Index Hits Two-Month High Before US PCE Data

The US Dollar Index, which measures the value of the dollar against a basket of currencies, has reached a two-month high as traders await...
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Fed Inflation Report: What to Expect on Friday

The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption...
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US Dollar Fluctuates on Data: Forexlive Americas FX News Wrap

The US Dollar experienced fluctuations in response to various economic data releases on Thursday. Despite US May durable goods orders coming in at +0.1%...
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Gold Price Soars as US Dollar Weakens Before PCE Data

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1%...
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JP 225 Surges to 2-Month High – Latest Analysis and Forecast

The JP 225 index has been steadily rising recently, reaching its highest point since April 12th. Momentum indicators are showing a strong upward trend,...
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Federal Reserve’s Bostic Predicts Interest Rate Cuts in 2021 and 2025

Federal Reserve's Bostic recently made predictions about interest rate cuts in the coming years. He mentioned that inflation is moving in the right direction...

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French Elections Round Two, Powell Testimony, and US CPI Preview –...

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...