Inflation

Tomorrow could be the most important day for the markets this week, because of the early release of the FOMC minutes. Normally they are made public on a Wednesday, but due to the markets being closed for Thanksgiving on Thursday, they will…
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EURUSD jumps as rate difference may stay steady The euro clawed back previous losses as the Fed might keep its rates unchanged from now on. The US dollar’s weakness in the wake of a soft CPI reading has sent the single currency flying.…
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EURUSD continues higher The euro grinds higher as consumer price growth meets market estimates in October. The current sideways action suggests that the bulls are looking to hold onto their recent gains after a breakneck rally. The top…
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For over a month now, the EURUSD has been trending higher, thanks in large part to a weaker dollar. With both the Fed and the ECB shifting to a holding pattern from a hiking bias, it appears that a new situation is developing. Do the…
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EURUSD shoots higher The US dollar plunged after a further slowdown in the pace of inflation in October. The pair had previously secured a solid holding above 1.0660 which sits at the confluence of the 20-day SMA and the base of the…
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Last week, Fed Chair Jerome Powell surprised the markets a bit by insisting that the FOMC was not confident it had done enough to bring inflation down. This saw yields in US treasuries jumping higher and the dollar gaining strength. Most…
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GBPUSD softens over weak outlook The pound stalls as traders fret about Britain's economy flat-lining longer than its peers. A recent survey showed that consumer spending in the UK has slowed down leading up to the Christmas season,…
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Whenever there are geopolitical tensions, gold gets a boost. So, it's not surprising that the yellow metal shot up through the course of October as Israel prepared to invade Gaza. But, since the start of the month, the price has hit…
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The Yen got a boost yesterday after press reports suggested that the BOJ was moving towards ending its ultra-easing policy. But, it's not surprising that many traders were a bit skeptical. It's not the first time that the media had reported…
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