Japanese Yen gains strength as CPI inflation surpasses target, supporting BoJ interest rate increases
During the early hours of Friday in Asia, the USD/JPY pair is experiencing selling pressure, hovering around 156.25. The Japanese Yen is gaining strength against the US Dollar, influenced by a surprising inflation report from Japan. Financial markets are also anticipating the preliminary reading of the US S&P Global Purchasing Managers Index (PMI) later in […]
New Zealand Dollar reduces its gains around 0.5700 following weaker CPI inflation figures.
NZD/USD Steady Amid Soft CPI Data The NZD/USD pair is holding stable around 0.5705 during Thursday’s early trading in Asia. The New Zealand Dollar has lost some ground against the US Dollar following the release of weaker-than-anticipated Consumer Price Index (CPI) inflation figures. Investors are also awaiting the jobless claims report from the US, which […]
British Pound stays mostly unchanged following strong UK CPI data
The British Pound (GBP) is showing some erratic behavior against other currencies but is largely steady following the release of September’s stronger-than-anticipated Consumer Price Index (CPI) data from the United Kingdom. In relation to the Japanese Yen (JPY), the GBP is hovering just about flat at around 211.45. According to the Office for National Statistics […]
EUR/USD Price Outlook: Robust US CPI maintains bear dominance despite oversold RSI
EUR/USD Sees Decline as US Inflation Data Surprises Markets EUR/USD dropped almost 0.50% on Wednesday, following stronger-than-anticipated inflation data from the US. This increase in inflation has raised expectations for additional rate hikes from the Federal Reserve (Fed), pushing the US Dollar (USD) to new highs, surpassing 102.50. As of now, the pair is trading […]
September CPI: Inflation rose as energy costs impacted consumers
The Big Money Show recently talked about comments from JPMorgan Chase CEO Jamie Dimon, who expressed concerns regarding the U.S. economy. The discussion covered various economic risks, the challenges posed by high interest rates, and ongoing inflation issues. Details on the September CPI inflation report will be added as they become available. Inflation increased in […]
Canadian Dollar gains ground against US Dollar before US CPI report.
The Canadian Dollar Updates Against the US Dollar The Canadian Dollar (CAD) is trading slightly higher against the US Dollar (USD) this Wednesday, just before the release of the US Consumer Price Index (CPI) data expected at 12:30 GMT. During Asian trading hours, the USD/CAD pair has dipped a bit, hovering around the 1.4200 mark […]
New Zealand Dollar rebounds as US Dollar weakens and oil prices drop ahead of important US CPI data
NZD/USD Update On Tuesday, the NZD/USD pair saw a rebound, trading at approximately 0.5610, marking an increase of 0.42% for the day. This uptick follows a recent decline where the pair hit its lowest point since April 2025, dipping close to 0.5580. The recovery is happening against the backdrop of a weakening US Dollar, which […]
Swiss Franc hits new 16-month lows before CPI information
USD/CHF Reaches New Heights Amid Shifting Investor Sentiment USD/CHF is on a roll, marking its seventh day of gains and hitting a new 16-month peak at 0.8367 during the Asian trading hours on Thursday. This upswing comes as the Swiss Franc (CHF) has weakened, primarily due to a notable decline in investor sentiment observed in […]
2027 Social Security cost-of-living adjustment expected to be 3.6% based on CPI data
COLA Implications for Social Security in 2027 Social Security recipients are likely to receive a larger cost-of-living adjustment (COLA) in 2027 compared to this year, based on recent inflation estimates stemming from August figures. The COLA is determined annually, using the consumer price index (CPI) data for July, August, and September—specifically a variant called CPI-W. […]
August CPI inflation: Growth in consumer prices stayed high
Inflation Trends and Federal Reserve Considerations Inflation levels continued to stay high in August, with consumer prices reflecting persistent growth, as the Federal Reserve deliberates on a potential interest rate increase in the coming month. The Bureau of Labor Statistics (BLS) reported on Wednesday that the consumer price index (CPI)—a broad indicator of the cost […]