Tag: PCE data

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Australian Dollar Strengthens as RBA Hawkishness Outweighs Weak US PCE Data

The Australian Dollar (AUD) saw a rise against the US Dollar following a decrease in US inflation in May. This unexpected reduction in inflation...
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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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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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Decoding Target’s Trade Imports Data: The Real Story Behind Earnings Miss

Target, one of the most popular retail stores, recently faced its biggest earnings miss in two years, leading to a significant drop in its...