Producer prices in the U.S. increased by more than expected in the month of March, according to a report released by the Labor Department on Tuesday. The Labor Department said its producer price index rose by 0.3 percent in March after edging up by 0.2 percent in February. more...
Trading the News: U.K. Consumer Price Index (CPI) A material pickup in both the headline and core U.K. Consumer Price Index (CPI) may sap the bearish sentiment surrounding the British Pound and spark a larger recovery in GBP/USD especially as a growing number of Bank of England (BoE) officials see a greater threat of overshooting the 2% target for inflation. What’s Expected: Why Is This Event Important: ...
Strategy Video: Are We In a Bubble and How Would We Trade It? Comfort in steady bull trends and nonexistent volatility has led to more 'bubble' talk with correctionWe don't have a sector-specific bubble now like 2000 or 2008 but rather a positioning bubbleWhile a bubble pop presents considerable opportunity, it demands higher qualification New to Forex? "We are in a bubble"! The phrase has been used more than a few times in the ...
- U. of Michigan Confidence to Improve for Second Consecutive Month. - Print of 84.5 Would Mark the Highest Reading Since July. Trading the News: U. of Michigan Confidence A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later. What’s Expected: ...
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