As the USD/JPY currency exchange rate was testing the resistance of the descending January high levels near 115.50, the US Consumer Price Index data was published. Namely, on Wednesday, at 13:30 GMT, the US Consumer Read more…
On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price index data was released. The USD reacted by declining. The GBP/USD currency exchange rate reacted by sharply moving to the 1.3680 Read more…
On Wednesday, at 13:30 GMT, the US Consumer Price Index and Core Consumer Price index data was released. The USD reacted by declining. The data beat the forecasts, as the US CPI came in at Read more…
Markets Today’s economic center piece was US CPI. Inflation in December rose 0.5% m/m to be up 7% year-on-year. That’s up from 6.8% the month before and the highest since June 1982! The less volatile Read more…
The company drops 36 spots on Glassdoor’s annual ranking of the best places to work after a wave of controversies and PR crises. Mark Zuckerberg’s attempt to deflect attention away from Facebook’s increasingly toxic reputation with Read more…
Powell calms the markets Fears that the US economic expansion could be jeopardized by tighter monetary policy have been alleviated for now, as the Fed Chair Jerome Powell reassured investors that the central bank would Read more…
Consumer prices surged 7% last year, the biggest 12-month gain in 39 years. The Fed may raise rates as soon as March. And three hikes might not suffice. U.S. inflation continues to rage, with the Read more…
Consumer prices were up a solid 0.5% month-on-month (m/m) in December, slightly slower than November’s 0.8% jump, but a tenth higher than markets were expecting. That took the year-on-year (y/y) pace of inflation to 7% Read more…
Stock markets remain in positive territory on Wednesday after a reassuring appearance from the Chairman of the Federal Reserve and some inflation data. Jerome Powell put in a decent performance on Tuesday but sentiment is Read more…
Daily Pivots: (S1) 0.9219; (P) 0.9249; (R1) 0.9264; More…. USD/CHF’s break of 0.9199 support suggests that rebound form 0.9101 has completed at 0.9276. Intraday bias is turned back to the downside for 0.9084/9101 support zone. Read more…