PCE

The market is universally agreed that there will be a rate cut when the Fed meets next September 17-18th. The debate is centered around how much the Fed will cut, either at this meeting or the next. But that could get shaken up considerably…
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The next couple of days sees the release of two data points that are likely the most important for the week as the markets try to figure out where monetary policy is headed. US GDP figures as well as the Fed's preferred measure of inflation…
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We're in the countdown to what is likely to be the most significant data release of the week for the markets: Friday's PCE Price Index. This is the preferred inflation measure for the Fed when it comes to setting rate policy. And there is…
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Analysts are expecting May NFP to come in softer once again. After months of underestimating the job creation potential of America, the miss last time around seems to have restored analysts' confidence in providing a downbeat forecast. But…
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Tomorrow could be the biggest data day for forex markets, as we await the key data release from the US for the week. That's because we'll see the release of the US PCE Price Index, the Fed's preferred measure for inflation. The market…
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The dollar will have a pretty active week, with several key data points being released starting with Durable Goods Orders later today. The next event is Thursday's release of the Fed's preferred inflation measure, PCE (the last before the…
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Markets have apparently full-on embraced the prospect of a Santa Rally this year, with US stock indices scoring 6-year record growth over the last week. For forex traders, that means the dollar has been substantially on the backfoot as…
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EURUSD seeks support The euro edged lower after inflation across the bloc fell below expectations in November. The price came under pressure in the supply zone 1.1000-1.1050 near the start of a sell-off back in August. Profit-taking by…
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