Canadian Dollar: Calm Ahead Of Inflation And FOMC
The Canadian dollar is almost unchanged on Wednesday. In the European session, is trading at 1.2181, down 0.05% on the day. This tranquil scene could change drastically later in the… Read more »
Tag: inflation
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats – CoinDesk
As bitcoin loses some of its luster as “digital gold,” some cryptocurrency investors are apparently seeing value in tokens backed by the physical version of the yellow metal. According to… Read more »
Crude Oil Breakout; PTJ and Bitcoin; the Fed versus Inflation Fears
The Macro Setup Overview: Bitcoin and PTJ – 0:55, 11:00 US stocks and US Treasuries – 2:25 US Dollar & FX, Gold – 8:30, 17:30 Lumber, inflation, Fed – 13:20… Read more »
FOMC Meeting Preview: Will The Fed Fret About Inflation?
Traders often discuss central bank “decisions” as a major event risk, but when it comes to Wednesday’s Federal Reserve , there’s really no immediate decision to be made. The FOMC… Read more »
Annual Inflation In The U.S. Accelerates
Yesterday, volatility increased as it had been expected. Annual in the United States accelerated to 5% and above market forecast of 4.7%. The inflation rate is growing rapidly, leaving the… Read more »
Gold Pops on Hot Inflation- Bulls Eyes Resistance
Gold Technical Price Outlook: XAU/USD Near-term Trade Levels Gold prices are virtually unchanged since the start of the week with XAU/USD recouping early losses on the heels of today’s US… Read more »
Major indices open higher despite the higher inflation
Dow 30 stocks lead. NASDAQ index likes The major indices are opening higher despite the higher inflation data out of the US today. The S&P index is moving closer to… Read more »
USD/JPY Technical Analysis: Anticipating US Inflation Figures
For three trading sessions in a row, the USD/JPY currency pair is trying to correct higher ahead of the release of US inflation figures. Advertisement The rebound gains for the… Read more »
EUR/USD Forecast May 31-June 4 – Investors eye PMIs, inflation
EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are six releases in the upcoming week. Here is an outlook… Read more »
Euro Steady Ahead Of U.S. Inflation
The euro is almost unchanged on Friday. In the North American session, is trading at 1.2190, down 0.02% on the day. In Germany, Covid-19 cases have been declining in recent… Read more »