Holiday spending in the US to see the biggest drop since the pandemic due to concerns over tariffs and inflation
Americans, especially those in Gen Z, are gearing up to reduce their holiday spending this year more than at any point since the pandemic. Concerns over tariffs, inflation, and the rising cost of living are major factors influencing this decision. On average, shoppers plan to spend about $1,552 each, based on a PwC survey involving […]
Ways to invest in gold during inflation, market instability, and increasing costs
There’s a familiar saying about the Golden Rules: those who have wealth set the rules. Gold has maintained its status as a key asset for preserving wealth throughout the years, acting as a safeguard against inflation, economic struggles, and geopolitical unrest. If you’re someone who’s seasoned in investing or just starting out and thinking about […]
What is the timing of the Eurozone’s initial HICP inflation report and what might be its impact on EUR/USD?
Eurozone Qualifying HICP Overview On Tuesday at 0900 GMT, Eurostat will publish the preliminary inflation data for the Eurozone for August. The Harmonized Consumer Price Index (HICP) is projected to increase to 2.0% year-over-year in August, up from the previous year. Meanwhile, core inflation is anticipated to dip slightly to 2.2%, down from 2.3%. Last […]
Debunking the Democrat Labor Day Inflation Ad Against America
Ad Controversy Surrounds DCCC’s Labor Day Message The Democratic Congressional Campaign Committee (DCCC) has come under fire for an advertising campaign that uses foreign stock footage of Asian beer brands, presenting it as if it’s an American product. Critics suggest it misses the mark, especially leading into Labor Day. The DCCC recently announced plans for […]
Prices of goods decrease, inflation remains low, despite the U.S. gathering record tariff income.
July Inflation Update Inflation remained stable in July, with the Federal Reserve’s key measure indicating a slight easing of cost pressures. This counters earlier predictions from Fed Chairman Jerome Powell regarding upcoming tariffs that will impact consumer prices. The personal consumption expenditure (PCE) price index saw a 2.6% increase from the previous year, aligning with […]
Pound Sterling adjusts before US PCE inflation figures
Pound Sterling’s Movement Amid Key Economic Data Pound Sterling expected to drop to nearly 1.3500 against the US dollar before significant US inflation data. Fed’s Waller mentioned that this could facilitate interest rate cuts in the upcoming policy meeting. The UK currency has lagged behind its peers this week. Pound Sterling (GBP) is anticipated to […]
Silver Price Outlook: XAG/USD falls below $39.00 ahead of US PCE inflation report
Silver prices saw some selling pressure around $38.80 during early European trading on Friday, marking a 0.52% decline for the day. The US GDP has shown stronger growth than previously estimated in the second quarter. Speculations about a possible rate cut by the Fed might lessen some of the negative impacts on silver prices. On […]
Forex Today: US Dollar steadies before important PCE inflation figures
What You Need to Know on Friday, August 29th US Dollar (USD) The US dollar is showing some signs of recovery after experiencing three days of losses. Market participants will be keeping a close eye on upcoming consumer price index (CPI) data from Germany and the personal consumption expenditures (PCE) price index from the US, […]
Japanese Yen rises above 146.50 following Tokyo’s CPI inflation report.
USD/JPY dipped to about 146.85 early in the Asian session on Friday. Tokyo’s core CPI rose 2.5% year-over-year in August, aligning with predictions. The US economy expanded at an annual rate of 3.3% in the second quarter of 2025. The USD/JPY pair has softened to roughly 146.85 during the early hours of Friday in Asia. […]
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, […]