Stocks rise, dollar drifts ahead of US inflation report

Original source: https://www.investing.com/news/stock-market-news/stocks-rise-dollar-drifts-ahead-of-us-inflation-report-3440989

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The wait continues..

That will once again make for a quieter session in Europe, barring any surprise headlines. The dollar is little changed currently, after having traded more mixed yesterday. Meanwhile, US stocks…

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Markets Week Ahead: Gold, US Dollar, Euro and Sterling Ahead of US CPI

US CPI data is likely to set the tone for the week alongside prominent Fed speeches. This article provides a one-stop-shop for all you need to know for the week…

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US Dollar Gains Ahead of US CPI Data; Setups on EUR/USD, USD/JPY, GBP/USD

This article explores the technical outlook for EUR/USD, USD/JPY, and GBP/USD, scrutinizing price action dynamics and sentiment to forecast potential near-term market movements.

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We got a teaser yesterday of what to expect in trading next week

It was a quiet one yesterday up until the release of weekly jobless claims in the US. The release here was weaker than estimated and that kicked off more fears…

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PBOC is expected to set the USD/CNY reference rate at 7.2202 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…

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US Dollar Forecast: Bears Mobilizing for Their Next Offensive? – EUR/USD, GBP/USD

This article examines the outlook for the U.S. dollar, with a specific focus on two prominent currency pairs: EUR/USD and GBP/USD. Additionally, the piece analyzes fundamental factors that could influence…

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US Dollar Forecast: Bearish Market Signals Emerge – Setups on EUR/USD, GBP/USD

This article takes a thorough look at the fundamental and technical outlook for the U.S. dollar, analyzing potential scenarios that could manifest in the short run. Especial attention is given…

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Gold Price Forecast: XAU/USD holds below $2,300, Fedspeak eyed

Gold price (XAU/USD) loses its recovery momentum around $2,295 on Monday during the early Asian session.

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PBOC is expected to set the USD/CNY reference rate at 7.2127 – Reuters estimate

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…

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