Tag: Inflation data
Australian Dollar Strengthens after Positive PPI Data
The Australian Dollar showed strength against the US Dollar after positive Producer Price Index (PPI) data was released. The PPI in Australia rose by...
Federal Reserve Meeting: Will Officials Signal Multiple Interest Rate Cuts in 2021?
The US Federal Reserve (Fed) is set to announce its monetary policy decisions after the July 30-31 policy meeting on Wednesday. Market expectations suggest...
Forexlive Americas FX News Wrap: July 12 PPI vs CPI Comparison
The Dow Industrial Average closed just above 40,000 but couldn't reach a record high. The 2-10 year yield rose to -27.3 basis points, the...
Mexican Peso Strengthens on Positive Inflation Data
The Mexican Peso saw a significant increase in value as the USD/MXN pair dropped below 18.00. This surge was driven by the positive inflation...
US CPI Report Impact on Fed Policy: Will it Trigger a Pivot?
The latest US inflation data is set to be released this Thursday at 12:30 GMT, with expectations pointing towards a further decline in the...
French Elections Round Two, Powell Testimony, and US CPI Preview – Action Forex
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...
Tokyo CPI Impact on July BoJ Meeting – Action Forex
The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
US PCE Inflation in Focus: Week Ahead Agenda – Action Forex
The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
UK Inflation Takes Center Stage Today: What Investors Need to Know
Today, the focus is on UK inflation as major currencies remain quiet. The US holiday will lead to a placeholder trading day, creating a...
Federal Reserve Caution: Interest Rates Will Remain Steady Amid Cooling Inflation Data
The Federal Reserve has announced that interest rates will remain steady for the time being, despite recent cooling inflation data. The Fed is looking...
Breaking Financial News
X’s New Terms of Service Causing Users to Leave Elon Musk’s...
Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...
