Forex Today: Market focus shifts to US data dump ahead of Thanksgiving holiday – FXStreet
Here's what you need to know on Wednesday, November 27th. of United States dollar (USD) Stabilizing after two days of volatility, the European U.S. dollar index was flat on Wednesday morning at just below 107.00. Ahead of the Thanksgiving holiday, the U.S. economic calendar is set to release some top data, including October personal consumption […]
Forex Today: CAD and MXN under pressure, USD recovers modestly ahead of FOMC Minutes – FXStreet
Here's what you need to know on Tuesday, November 26th. Following the bearish moves seen earlier in the week, the US dollar (USD) recovered modestly early on Tuesday. The US economic calendar includes September's home price index, October's new home sales statistics, and November's Conference Board Consumer Confidence Index. The US Federal Reserve will release […]
Forex Today: US Dollar climbs higher as focus shifts to PMI data – FXStreet
Here's what you need to know on Friday, November 22nd. After a quiet European session, United States dollar (USD) It regained momentum late Thursday and continued to rise early Friday, reaching its highest level since October 2023 above 107.00. S&P Global releases preliminary Purchasing Managers' Index (PMI) for Germany, the Eurozone, and the United Kingdom […]
Forex Today: US Dollar consolidates weekly gains ahead of Retail Sales, Fedspeak – FXStreet
Here's what you need to know on Friday, November 15th. Asian stocks remained mixed, dragged down by mixed China activity data and a gloomy Wall Street overnight close. Despite a notable increase in China's retail sales, the country's industrial production and fixed asset investment data were disappointing, amplifying economic concerns and keeping markets on edge. […]
Barclays: 'We envisage sustained dollar resilience with bullish momentum into 2025.' – Forex Factory
From home.treasury.gov|3 hours ago The global economy continues to show strength and is poised for a soft landing. The IMF forecasts global economic growth in 2024 to be 3.3% compared to the fourth quarter, and frequent measurements of production and general business conditions suggest that global economic activity remains strong. I am. As the world's […]
Forex Today: US CPI inflation data and Fedspeak set to stir markets – FXStreet
Here's what you need to know on Wednesday, November 13th. Broad market gains inspired by President Trump's trade came early Wednesday morning as focus shifted back to economic data ahead of the all-important U.S. Consumer Price Index (CPI) report due to be released in U.S. trading. I took a breather. The U.S. dollar (USD), along […]
Forex Today: Market attention turns to Canada inflation data and Fedspeak – FXStreet
Here's what you need to know on Tuesday, October 15th. After a quiet start to the week, the U.S. dollar (USD) has gained momentum, with the U.S. dollar index rising above 103.00 on Monday, its highest level since early August, and managing to build on last week's gains. No high-level data will be released on […]
Forex Today: Hawkish FOMC Minutes lift US Dollar ahead of key inflation data – FXStreet
Here's what you need to know on Thursday, October 10th. After remaining relatively quiet since the beginning of the week, the US dollar (USD) gained bullish momentum during Wednesday's US trading session, with the USD index rising to its highest since mid-August around 103.00. The European Central Bank (ECB) will announce the results of its […]
Forex Today: US CPI cooled hopes for a Fed’s 50 bps rate cut – FXStreet
Things to watch out for on Thursday, September 12: Financial markets turned risk averse after the U.S. released its August Consumer Price Index (CPI). The Bureau of Labor Statistics reported that the annual CPI rose 2.5% year-on-year, slowing from the previous 2.9%. The core annual figure also came in at 3.2%, in line with July's […]
Monday morning open levels – indicative forex prices – USD a touch stronger – ForexLive
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