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The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. The price of gold reacted to the news with high volatility, before starting a surge. By the middle of Thursday's trading, the
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. Due to the news, the rate declined to the support of the 133.00 level and the 100-hour simple moving average. Meanwhile, it
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. On the GBP/USD charts it resulted in a surge, which by mid-Thursday was testing the resistance of the April high level
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. As a result, the EUR/USD currency pair has surged. By the middle of Thursday's trading, the pair was above 1.1025. Economic Calendar Analysis On
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. The price of gold reacted to the news with high volatility, before starting a surge. By the middle of Thursday's trading, the
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. Due to the news, the rate declined to the support of the 133.00 level and the 100-hour simple moving average. Meanwhile,
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. On the GBP/USD charts it resulted in a surge, which by mid-Thursday was testing the resistance of the April high level zone
The lower than expected overall US inflation data was taken in by the markets as a signal that the US Federal Reserve would not continue to hike interest rates. The news caused a drop of the US Dollar. As a result, the EUR/USD currency pair has surged. By the middle of Thursday's trading, the pair was above 1.1025. A
The cryptocurrency exchange Binance.US has announced that it would delist Tron and Spell tokens.
The UK cinema operator Cineworld has announced a new restructuring plan that would include a bankruptcy, which is expected to wipe out shareholder value.
Boeing Company has revealed that it expects to return to 2019 737 MAX jet production numbers in 2025.
The US Bureau of Labor Statistics has just published the monthly Consumer Price Index data sets. Consumer Price Index month on month, which was expected to be at 0.2%, is actually 0.1%, Consumer Price Index year on year, which was expected to be at 5.1%, is actually 5.0% Core Consumer Price Index month on month, which was expected to be at
The US Bureau of Labor Statistics has just published the monthly Consumer Price Index data sets. Consumer Price Index month on month, which was expected to be at 0.2%, is actually 0.1%, Consumer Price Index year on year, which was expected to be at 5.1%, is actually 5.0% Core Consumer Price Index month on month, which was expected to be at 0.4%,
The Chinese conglomerate Alibaba has joined in the AI tech hype, as the company has showed off its Ai that should be implemented in various apps.
In China consumer and factory prices have reportedly declined, as low demand has caused a price drop not seen since June 2020.
The Swiss Bank Employees Association has announced that Credit Suisse and UBS should stop firing employees despite the emergency merger.
Crude oil price benchmarks surged on Tuesday, as the Chinese government announced stimulus, which is expected to increase demand for energy products.
During Tuesday's Asian trading hours, the US Dollar index declined back to early Monday's levels and erased prior gains.
The price for Gold retreated below 2,000.00 on Monday, before finding support in the combination of the 1,990.00 level and the 200-hour simple moving average. At mid-day on Tuesday, the commodity price was testing the resistance of the 2,000.00/2,010.00 range. Economic Calendar Analysis On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is
The USD/JPY currency pair's surge appears to have bounced off the 134.00 mark. The following decline has approached and found support at 133.00. Meanwhile, the rate is being approached by the 50-hour simple moving average. Economic Calendar On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is bound to impact the US Dollar's
The GBP/USD has found support in the 1.2350 level. The event has been followed up with a surge to the 1.2450 mark. Economic Calendar On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is bound to impact the US Dollar's value. On the same day, at 18:00 GMT, the US Federal Reserve Meeting
The EUR/USD revealed a support zone below 1.0840 on Monday. The support zone was enough to cause a surge, which by mid-Tuesday had managed to reach above the technical levels near 1.0900. Economic Calendar Analysis On Wednesday, watch out for the US Consumer Price Index release at 12:30 GMT. The US inflation data is bound to impact the US Dollar's value. On
The price for Gold retreated below 2,000.00 on Monday, before finding support in the combination of the 1,990.00 level and the 200-hour simple moving average. At mid-day on Tuesday, the commodity price was testing the resistance of the 2,000.00/2,010.00 range. A move above 2,010.00 might encounter resistance in round price levels, before reaching the 2,050.00 mark. On the other hand, a
The USD/JPY currency pair's surge appears to have bounced off the 134.00 mark. The following decline has approached and found support at 133.00. Meanwhile, the rate is being approached by the 50-hour simple moving average. A decline below 133.00 and the 50-hour SMA might look for support in the 132.50 level and the 200-hour simple moving average. Further below, the weekly