US Producer Price Index or PPI

What is the US Producer Price Index or PPI? The US Producer Price Index or PPI, is a monthly economic reading published by the Bureau of Labour Statistics. It tracks the shifting prices received by domestic producers of goods and services for their output. In this regard, PPI differs from CPI (Consumer Price Index) as it measures the changes in...

2018-04-24 James Harte Read more
USD Index_3005

After the US Jobs Report outcomes, which came in much better than expected, estimates were rising that the Federal Reserve will still be able to raise the Fed Fund Rate in September and probably in December. Such outcomes and the notable rise in the estimates of two more rate hikes this year has pushed the US Dollar higher at the beginning of l...

2017-08-14 Nour Eldeen Al-Hammoury Read more
Yellen_Rate Hike_2402

Traders will be looking at the consumer price index data to be released today. According to economists polled, consumer prices are expected to rise 0.1% on the month. This would reverse the 0.1% decline seen in the previous month. On a year over year basis, headline consumer prices are expected to rise 1.7%, marking a slower pace of increase aft...

2017-07-26 John Benjamin Read more
China's inflation_0803

The US Dollar Index remains within a tight range since the beginning of the week, trading right below its key resistance area which stands at 102.0 This is despite the fact that the US data that were released yesterday came in with disturbing news for the Fed. Yet, there are many economic figures that investors are eyeing ahead, whether from th...

2017-03-08 Nour Eldeen Al-Hammoury Read more
Theresa May_Brexit

The first day of the week came in with lack of fundamentals and liquidity, while volatility picked up on the rising fears of Brexit. However, rising volatility is what we all need to jump in to new opportunities. In today’s report, we will discuss the upcoming economic releases in the UK, what to look for, how to trade the news and what matters ...

2017-01-17 Nour Eldeen Al-Hammoury Read more
US data

A few days ago, Mr. President-Elect Donald Trump made his first press conference since he got elected. What’s funny here is that he moved the market even though he did not go through economic discussions. The Federal Reserve itself haven’t moved the markets as much as the new president did, which makes me think that traders should be more cauti...

2017-01-16 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

A new week with lack of fundamentals from Europe and the US. Yet, the market volatility increased ahead of the President Elect Donald Trump press conference later this week. However, the US Dollar lost some of its Friday’s gains, which seems to be a short term play ahead of the press conference. In Asia today, some economic figures were released...

2017-01-10 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

After the shocking decision by the ECB yesterday, which decided to keep the rates stable, but unexpectedly decided to start tapering the QE from April to December, deducting 10B Euros from the current QE, the markets has stabilized and still digesting the ECB decision. During the Asian session, another important set of economic figures came out...

2016-12-09 Nour Eldeen Al-Hammoury Read more

USDZAR is set to close a second week with gains although price action on the weekly chart shows an inside bar formed last week, indicating a near term break out from the range. Price action in USDZAR has been limited to a sideways pattern with 14.375 and 13.475 playing the resistance and support levels within the falling price channel. [capti...

2016-10-28 John Benjamin Read more
BoE decision

Image via DUP Photos / Flickr. Picture by Kelvin Boyes / Press Eye. The Australian dollar was the weakest currency last week led by the RBA's 25bps rate cut and a weak inflation forecast which fueled speculation of another rate cut by August this year. As a result, the AUD fell over 3.11% this week marking the second week of declines and closin...

2016-05-09 John Benjamin Read more