US Breaking News: PCE Reveals Steady Progress Towards Fed’s 2% Target
Core US PCE data made progress but the PCE Price Index remained at 2.6%. USD price action has been contained ahead of a massive week on the economic calendar front
from DailyFX - Market News https://ift.tt/Vdt0qfr
from DailyFX - Market News https://ift.tt/Vdt0qfr
Euro (EUR/USD) Under Pressure as Markets Push the ECB to Start Cutting Rates Earlier
The ECB left its monetary policy unchanged yesterday, and reiterated that rates cuts were data dependent, but the market seems to have different ideas.
from DailyFX - Market News https://ift.tt/RkgTAHQ
from DailyFX - Market News https://ift.tt/RkgTAHQ
Gold Price Forecast: Core PCE Data to Guide Markets ahead of Fed Decision
This article focuses on gold’s outlook, analyzing important price levels that could serve as technical resistance or support in the coming trading sessions ahead of the Fed decision next week.
from DailyFX - Market News https://ift.tt/jrSlT4F
from DailyFX - Market News https://ift.tt/jrSlT4F
US Dollar Mixed As GDP Data Smash Forecasts, Gloomy ECB Stands Pat
The United States Dollar was remarkably steady through a fascinating session of economic data on Thursday, suggesting perhaps that all the market cares about at this point is what the Federal Reserve will make of it all.
from DailyFX - Market News https://ift.tt/FQ5UXcB
from DailyFX - Market News https://ift.tt/FQ5UXcB
ECB Leaves Interest Rates Unchanged, EUR/USD Listless Ahead of Press Conference and US Q4 GDP
The European Central Bank (ECB) played a straight bat at today’s policy announcement, leaving all rates unchanged and giving little away. A currently lackluster EUR/USD needs another driver.
from DailyFX - Market News https://ift.tt/9ofCVUq
from DailyFX - Market News https://ift.tt/9ofCVUq
USD/CAD Latest After BoC Makes Dovish Shift, Price Pressures Remain
The Bank of Canada expressed that interest rates have most likely plateaued but tempered expectations of aggressive cuts by highlighting remaining core price pressures
from DailyFX - Market News https://ift.tt/1YT35fX
from DailyFX - Market News https://ift.tt/1YT35fX
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