October CPI expected to show inflation still ran hot even as some goods prices cooled
Consumer inflation may have come down slightly in October as some goods prices declined, but prices for services and rents continued to climb. Original source: https://www.cnbc.com/2022/11/09/october-cpi-seen-showing-inflation-ran-hot-even-as-some-goods-prices-cooled.html
Read More »US 5-year inflation expectations drop to three-week low ahead of US CPI
The market’s expectations of softer US inflation seem to weigh on the US Dollar Index (DXY) during early Thursday. In doing so, the DXY retreats towar
Read More »USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful
The Japanese Yen looks poised for additional strength against the US Dollar after intervention measures leave Japan’s foreign reserve deposits around $941 billion.
Read More »Euro Weekly Forecast: EUR/USD Faces Inflation Packed Week
Teaser: EUR/USD begins the week on the front foot post-NFP but key inflation releases this week could turn the tide.
Read More »Fed rate hikes could go even further than expected as Powell commits to stomp out inflation
The Fed remains set on beating inflation and could raise rates to an even higher-than-expected level, though it may reduce the size of its hikes. Original source: https://www.cnbc.com/2022/11/02/fed-rate-hikes-could-go-even-further-than-expected-as-powell-commits-to-stomp-out-inflation.html
Read More »The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace
The Fed is expected to raise interest rates by three-quarters of a point Wednesday and then signal it will reduce the size of rate hikes starting in December. Original source:…
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