Inflation

An action-packed day in financial markets saw a strong reaction to the May CPI report and a slow digestion of rhetoric from the June FOMC meeting. Learn what the Fed had to say and why markets may not believe them.

2024-06-13T16:17:37+0100

Anticipate no change in rates at the June Fed meeting, with interest rates held at 5.25 - 5.5%. Key CPI data, also due, could influence future decisions, especially with inflation still above the Fed's 2% target.

2024-06-11T15:48:52+0100

Following the release of the lowest GDP growth rate since 2022 at 1.3%, the S&P 500 and the US dollar declined, signaling investor worries ahead of key inflation data.

2024-05-30T20:50:26+0100

Anticipation builds ahead of the PCE inflation report, expected to confirm persistent rates above 2%. Traders and policymakers watch closely as these figures could influence future Fed actions and the strength of the USD.

2024-05-29T23:01:35+0100

As the EUR/USD pair approaches 1.0900, traders are closely monitoring the release of German inflation data tomorrow and US inflation data Friday, both of which could further influence the euro's strength against the dollar.

2024-05-28T21:30:00+0100

Copper prices soared to over $5.00 per pound, setting new records due to high demand in tech and green industries. Find out how the US dollar is affected.

2024-05-20T23:00:16+0100

Gold reached a new high over $2,400 amidst globally shifting markets, showing a less typical correlation with the US dollar and raising questions about future trends in both assets.

2024-05-20T21:58:32+0100

Core inflation dips to 3.6%, boosting speculation of impending rate cuts. This economic shift contributed to the US dollar's decline against major currencies, signaling potential shifts in forex trading strategies.

2024-05-16T22:13:21+0100