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 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: 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 […]