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The weakness of PPI paves the way for interest rate cuts! If CPI rebounds tonigh
On Wednesday, the US PPI in August cooled down sharply, and the US dollar index fell, but then recovered lost ground. As of now, the US dollar price is 97.85. Overview of the fundamentals of the foreign exchange market 1. The US PPI annual rate in August recor...
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PPI is lower than expected to strengthen interest rate cut expectations, 50, the
XM Forex APP News - On Wednesday (September 10), the U.S. producer price index fell unexpectedly in August, and the market became more convinced that the Federal Reserve would cut interest rates at the upcoming meeting. Affected by this, the US dollar exchange...
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The Trump administration quickly appealed to fire Cook, and CPI came tonight!
On September 11, spot gold traded around $3,642/ounce, and gold prices hovered near record highs on Wednesday, helped by expectations that the Federal Reserve would resume interest rate cuts at next week‘s meeting, after the previously released U.S. inflation ...
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US dollar index fell, US PPI unexpectedly cooled sharply in August
On September 11, in the early trading of the Asian market on Thursday, Beijing time, the US dollar index hovered at 97.83 Wednesday. The US PPI unexpectedly cooled down sharply in August, and the US dollar index fell, but then recovered the lost territory and ...
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The US dollar index is blocked below resistance level, and the market is waiting
In the Asian session on Thursday, the US dollar index remained weak, and the US dollar rose and fell on Wednesday, but the volatility was not large and the trend lacked a clear direction. Previous data showed that the US producer price index (PPI) unexpectedly...
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A collection of positive and negative news that affects the foreign exchange mar
The negative news of the US dollar: US PPI in August was -0.1% month-on-month, turning negative for the first time in four months, with a year-on-year growth rate of 2.6% lower than expected. After the data was released, traders stepped up their bets on the Fe...
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The dollar index is below the 98 mark, and market focus turns to U.S. producer i
The US dollar (USD) largely ignored a sharp downgrade in employment data and outperformed other currencies on Tuesday. Earlier on Wednesday, the dollar was still in a consolidation phase as market focus shifted to August producer inflation data. Later in the U...
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US employment data is down sharply, US dollar index falls first and then rises
On September 10, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 97.83. On Tuesday, the U.S. non-farm employment data was revised downward sharply, with the U.S. dollar index falling first and then rising, showing re...
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