US Dollar Index rises close to 98.00 before PCE Price Index data
The US Dollar Index is progressing alongside the US economy, which saw growth in the second quarter. Headline PCE is anticipated to increase by 2.6% year-over-year, while core PCE is predicted to rise 2.9% in July. Concerns regarding the Federal Reserve’s independence have intensified following comments from US Vice President Vance about the end of […]
USD/JPY slips down before Tokyo CPI and US PCE inflation data.
The Japanese yen is expected to strengthen, potentially pushing USD/JPY below the significant level of 147.00. The US dollar faces pressure due to concerns regarding the Federal Reserve’s independence and uncertainties about its monetary policy outlook, compounded by unclear US GDP and employment data. Attention will turn to upcoming reports on PCE and Tokyo CPI, […]
Today’s Forex: Eye on US PCE data and German preliminary CPI
Market Update – August 29th The US Dollar (USD) has seen further fluctuations this week, largely influenced by ongoing concerns about the Federal Reserve’s independence and rising tariff uncertainties. Additionally, the potential for interest rate cuts in September has contributed to a generally negative sentiment surrounding the greenback. Key Highlights for Today The US Dollar […]
GBP/USD rises past 1.3500 as strong US data limits US Dollar
GBP/USD Gains Amid Mixed Economic Data GBP/USD increases by 0.19% despite disappointing US GDP figures. Jobless claims remain low at 229K, though NFP revisions point to a weaker labor market. UK inflation continues as producer prices rise, complicating BOE rate predictions. During the North American trading session, GBP/USD saw a rise following economic reports from […]
US Government partners with Chainlink and Pyth to release economic data on blockchain
US Government Leverages Blockchain for Economic Data The US government is making strides toward transparency by using blockchain technology, specifically partnering with Chainlink and Pyth to relay economic data on-chain. Chainlink has been chosen to provide various data feeds from the Bureau of Economic Analysis (BEA), and according to a spokesperson, they will also publish […]
Data Shows Trump’s DC Crackdown Is Effective
Trump’s Crime Crackdown in D.C. Yields Notable Results A recent analysis of public data from the Metropolitan Police Department indicates that President Donald Trump’s efforts to reduce crime in Washington, D.C. have significantly enhanced public safety. Trump initiated these reforms on August 7, establishing a task force aimed at making D.C. safer. Just a few […]
The government’s extensive data collection isn’t focused on efficiency — it’s driven by fear.
The Trump administration has initiated a campaign to eliminate “data silos” within agencies, which is framed as a move toward modernization and efficiency. In March 2025, a Presidential Order was issued to promote information sharing both within the agency and across governmental bodies. It mandated that federal organizations ensure “free access” to state data generated […]
When politicians focus on data, public safety suffers
On the first Friday of every month, the Bureau of Labor Statistics publishes data on employment, unemployment, and wages from the previous month. Sometimes the news is encouraging, but at other times, it raises concerns. It’s not flawless, yet Americans rely on these figures as they represent the most accurate estimates available, free from political […]
Forex Update: Markets stay unstable as investors look forward to US data
Market Update for August 28th Here’s a quick overview for Thursday, August 28th: Investors are currently trading significant currency pairs within established ranges, awaiting new catalysts. Today’s European Economic Docket includes data on business and consumer sentiment for August. Additionally, the first weekly unemployment claims data and revised second-quarter GDP figures from the US will […]
Nvidia shares drop as data center sales fall short of expectations.
NVIDIA’s Q2 Earnings Report and Future Outlook NVIDIA (NVDA) announced its second-quarter earnings, which, while surpassing expectations in some areas, fell short in data center revenues, affecting stock prices in after-hours trading. Data center revenue reached $41.1 billion this quarter, slightly below analysts’ predictions of $41.3 billion, according to Bloomberg. This represents a growth from […]