- Euro-Zone Consumer Price Index (CPI) to Slow to 0.3%- Lowest Since October 2009 - Core Inflation to Hold Steady at 0.8% for Third Consecutive Month Trading the News: Euro-Zone Consumer Price Index (CPI) Another downside in the Euro-Zone’s Consumer Price Index (CPI) may heighten the bearish sentiment surrounding the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to further embark on its easing cycle. What’s Expected: ...
- Canada Headline Inflation to Hold Above 2.0% for Fifth Consecutive Month. - Core Consumer Price Index of 1.9% Would Mark Fastest Pace of Growth Since June 2012. Trading the News: Canada Consumer Price Index (CPI) Despite expectations for a downtick in Canada’s Consumer Price Index (CPI), the stickiness in core inflation may spur a larger decline in the USD/CAD as it puts increased pressure on the Bank of Canada (BoC) to move away from its neutral policy ...
Inflation in the US may be the investment topic of the moment. Whether inflation is merely a case of paranoia or actually raising its ugly head is yet to be seen. One thing looks certain – that the risk of disinflation is receding quickly while the Fed Reserve is readying itself to eventually meet factual or perceived inflation on the battle field of monetary policy. Consequently, investors should recognize the merits of adding US equity exposures to specifically deal with the type of inflation ...
Originally Posted by TheNews - U.S. Final 1Q GDP Print to Show Another Downward Revision/Larger Contraction. - 1.8% Decline Would Mark the Biggest Drop Since 1Q 2009 (-5.4%). Trading the News: U.S. Gross Domestic Product (GDP) The final 1Q Gross Domestic Product (GDP) report may heighten the bearish sentiment surrounding the U.S. dollar as market participants anticipate another downward revision in the growth rate. What’s Expected: ...
Originally Posted by BrokersMinutes GBP/USD has recently made a strong convincing forex trading online break past its yearly highs at the 1.7000 major psychological level, indicating a continuation of the long-term rally. However, price has retreated back to the 1.7000 area after reaching highs past the 1.7060 levels. Stochastic is also exhibiting a bearish divergence, which indicates forex trading online trend exhaustion. The technical ...
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