PCE

What will actually move the dollar this week is if we finally get concrete news of a new trade deal. But, since that is entirely unpredictable at this point, let's stick to the data. And there are plenty of reasons for the FOMC minutes and…
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It's well-known that the dollar has been weaker because of a loss of confidence in the US economic outlook. But normally a slowing economy means inflation will come down as well. This allows the central bank to give the economy some support…
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At the start of the week, the consensus in the market was that the Fed (Federal Reserve) would do its next rate cut in June. Then consumer confidence data came out on Tuesday, causing markets to push that cut forward by a month. The stock…
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This week is pretty compact for dollar traders. US markets will be practically closed for the last two days of the week, with all the major data coming out over the course of Tuesday and Wednesday. Markets are open for half a day on Friday,…
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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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