Today’s Forex Focus: SNB rate decision, US GDP, and Tokyo CPI inflation in Japan ahead
The US dollar saw a rise on Wednesday, leading to increased risk aversion across the market. Central banks globally are navigating through economies that are growing at different speeds, many of them combating a notable slowdown in economic activity. Simultaneously, persistent global inflation indicators remain high, complicating the effectiveness of several standard policy responses. The […]
Canada’s CPI expected to rise slightly before BoC decides on rate reduction
Canada’s Inflation Observations for August Inflation appears to be rising in Canada this August. The main consumer price index is forecasted to fall short of its target. The Canadian Dollar is trading within a certain range. Statistics Canada is set to release the inflation figures for August on Tuesday. This data will provide the Bank […]
Bitcoin targets $115K based on CPI data as traders split on another BTC price drop
Bitcoin Nears a Three-Week High Amid CPI Data Releases Key Points: Bitcoin is nearing a three-week peak as US CPI data aligns with projections. Market participants note that Bitcoin appears high as more investors lock in positions for the long term. The Consumer Price Index (CPI) has influenced Bitcoin prices over recent months. On Thursday, […]
Stocks Climb to Record High as CPI Report Maintains Optimism for Rate Cuts; Oracle Shares Drop
Why Wall Street Analysts Believe Oracle Stock’s Strong Performance is Just Getting Started Just a few minutes ago Oracle’s (ORCL) rapid growth and heightened demand for AI is prompting Wall Street analysts to raise their price targets for the stock. Recently, the shares jumped 36% to a record high of approximately $328 after the computing […]
Stock futures reduce gains following CPI and unemployment information: Live updates
Market Update: Consumer Inflation and Tech Stocks Influence Trading On September 10, 2025, traders were busy on the New York Stock Exchange, particularly as the Swedish fintech company Kralna prepared for its IPO. Meanwhile, the S&P 500 Futures remained relatively stable on Thursday while Wall Street absorbed the latest consumer inflation data. Futures linked to […]
US Dollar Index remains stable under 98.00 before US CPI figures
In Thursday’s Asian session, the US Dollar Index is expected to remain stable around 97.85. The annual PPI inflation in the US came in lower than anticipated, bolstering arguments for potential Fed rate cuts. Traders are looking forward to the US August CPI inflation data, which is set for release in the latter part of […]
GBP/USD keeps approaching 1.3550 as US CPI inflation data is expected.
GBP/USD saw modest gains on Wednesday while participants wait for the upcoming inflation report. US PPI inflation moderated in August, casting a favorable light on the Fed’s upcoming decision. US CPI inflation is set for release on Thursday, which may complicate the Fed’s path regarding future rate reductions. On Wednesday, GBP/USD made a slight bullish […]
Australian Dollar stays muted after China’s CPI report
Australian Dollar Insights Amid Economic Shifts The Australian Dollar is seeing some support as the chances of cuts to the RBA rates seem to be easing. China’s Consumer Price Index (CPI) showed a decrease of 0.4% year-on-year, with inflation dropping to 0% in August. Revisions to U.S. non-farm salary figures indicate that total agricultural employment […]
When is the China CPI report, and what effect might it have on AUD/USD?
China’s CPI and PPI Updates In August, China’s Consumer Price Index (CPI) dropped by 0.4% compared to the previous year, following a 0% reading in July, according to the National Statistics Office’s report released on Wednesday. Market expectations had predicted a smaller decline of -0.2% for this period. On a month-over-month basis, China’s CPI inflation […]
EUR/USD reduces recent increases as Eurozone CPI data takes center stage
The euro is likely to decline from its recent peak as the US dollar deals with growing risk aversion. Unexpectedly high inflation data in the eurozone hasn’t been enough to bolster the euro. Following a slight dip, the US dollar is recovering ahead of significant business activity and employment reports from the US. The EUR/USD […]