Forex
Oil flat with markets digesting OPEC report
Oil prices are turning flat after a volatile ride on the release of the monthly OPEC report. Biggest catalyst in the report that pushes...
AUD/USD retreats to 0.6600 on hot US Inflation data
The AUD/USD pair falls to the round-level support of 0.6600 as the hotter-than-expectations United States Consumer Price Index (CPI) data for February has...
USDCAD moves higher but runs into moving average resistance targets
The USDCAD extended higher today helped by the US CPI, but the price action reached out for its 100 bar moving average on...
The breadth of US inflation pressure narrowed – RBC
The US inflation report today was hot but the market has struggled to parse it. The core reading rose 0.4% month-over-month compared to...
FOMC to embark on a “typical” rate cutting cycle – ANZ
Economists at ANZ Bank have a summer cut – July – pencilled in for the Federal Reserve.
CIBC: Analyzing the implications of February’s US CPI report for the Fed
CIBC discusses the latest US CPI data for February, highlighting that the report, while above consensus, does not necessitate alarm regarding inflation trends....
USD/JPY Price Analysis: Possibly in a sweet spot for sellers
USD/JPY rebounds after the release of higher-than-forecast US Consumer Price Index (CPI) data for February.
Silver Price Analysis: XAG/USD plunges to $24 after stubborn US Inflation report
Silver price (XAG/USD) plummets to $24.10 as the United States Bureau of Labor Statistics (BLS) has reported that the Consumer Price Index (CPI)...
Stocks trading marginally higher as markets digest the implications of CPI data
The major US stock indices are trading marginally higher/mixed. The Dow industrial average is trading above and below unchanged. The S&P and NASDAQ...
USDCHF buyers make a play after the US CPI data. Can they keep the momentum going?
The price action in the USDCHF has seen up-and-down volatility after the US CPI report. On the downside, the price did extend briefly...
