US inflation ticks lower to 4.9% BoE expected to raise rates by 25 bp on Thursday US inflation dips lower The US inflation report for April showed a very small decline. Headline CPI ticked lower Read more…
US inflation ticks lower to 4.9% BoE expected to raise rates by 25 bp on Thursday US inflation dips lower The US inflation report for April showed a very small decline. Headline CPI ticked lower Read more…
With investors remaining convinced that the Fed will start cutting interest rates at some point later this year, US Treasury yields and the dollar have stayed subdued, which combined with concerns surrounding the banking sector Read more…
The Consumer Price Index (CPI) increased 0.4% month-on-month (m/m) in April, meeting the consensus forecast. The 12-month change slipped to 4.9% – down from 5.0% in March. Energy prices rose 0.6% m/m as higher gasoline Read more…
In April, US headline CPI slowed from 5.0% yoy to 4.9% yoy, below expectation of 5.0% yoy. That was the smallest 12-month increased since April 2021. Core CPI (all items less food and energy) slowed Read more…
In this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in Read more…
In this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in Read more…
In this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in Read more…
NZDUSD is trading at a critical area ahead of the US CPI inflation data, challenging the resistance trendline, which connects all the highs from April’s peak at 0.6343, for the third consecutive day. May’s upturn Read more…
Daily Pivots: (S1) 170.12; (P) 170.42; (R1) 170.98; More… Intraday bias in GBP/JPY remains neutral as consolidation from 172.30 is still extending. Further rally is in favor with 167.95 resistance turned support intact. On the Read more…