US Crude Ticks Up After US CPI, Holds Most OPEC-Inspired Gains

US Crude Oil Analysis and Charts • Crude prices remain above recent lows • Demand forecasts have been tweaked higher • Strong downtrend still dominates the daily chart Download our Free Guide to Help You When Trading Oil Recommended by David Cottle Understanding the Core Fundamentals of Oil Trading Crude oil prices gained a little … ادامه

US Inflation Cools to 3.2 % in October, US Dollar Sinks but Gold Gains

OCTOBER US INFLATION KEY POINTS: October U.S. inflation clocks in at 0.0% month-over-month, bringing the 12-month reading to 3.2% from 3.7% previously, one-tenth of a percent below expectations in both cases Core CPI increases 0.2 % m-o-m and 4.2 % y-o-y, also below estimates Lower than expected inflation numbers will give the Fed cover to … ادامه

Gold (XAU/USD) – Sitting on Technical Support as US Inflation Report Nears

Gold (XAU/USD) Analysis, Prices, and Charts US inflation report the next driver for gold’s price action. The 200-day simple moving average provides short-term support. Learn How to Trade Gold with our Complimentary Guide Recommended by Nick Cawley How to Trade Gold DailyFX Economic Calendar The latest US inflation report is released at 13:30 GMT today … ادامه

EUR/USD and EUR/JPY Could Stand to Benefit This Week

Euro Analysis (EUR/USD, EUR/JPY) Second Data Estimate Points to Stagnant European Growth Europe has been the center of pessimistic fundamental data in recent months as the global growth slowdown advances. Elevated interest rates are helping to constrain economic activity in order to bring down inflation but it remains a delicate balancing act as policy makers … ادامه

Dow, Nikkei 225 and CAC 40 Gains Slow ahead of US Inflation Data

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nikkei 225 Analysis and Charts ​​​Dow breaks trendline resistance ​The price continued to gain on Monday, moving above trendline resistance from the August highs. ​This now clears the way for a possible test of the September lower high around 35,000, and then beyond … ادامه

UK Unemployment and Upside Wage Pressures Dominate Jobs Report

POUND STERLING ANALYSIS & TALKING POINTS UK wage data creates concerns around inflation battle. 4.2% unemployment level reiterates robust jobs market. GBP/USD trading above 50-day MA. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that should be … ادامه

USD/JPY, GBP/USD, AUD/USD, Volatility Up Ahead

USD/JPY, GBP/USD, AUD/USD FORECAST: The October U.S. inflation report will steal the limelight on Tuesday If actual CPI results deviate from consensus expectations by a wide margin, FX volatility can rise significantly This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance in the coming trading sessions … ادامه

How Will Gold Price, EUR/USD, Nasdaq 100 React to CPI Data?

GOLD, EUR/USD, NASDAQ 100 FORECAST Gold prices, EUR/USD and the Nasdaq 100 will be highly sensitive to the upcoming U.S. inflation report The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday Headline CPI is seen rising 0.1% m-o-m and 3.3% y-o-y. Meanwhile, the core gauge is expected to clock … ادامه

S&P 500 to be Weighed Down by Potential Government Shutdown

S&P 500 News and Analysis Two-week winning streak threatened by potential US government shutdown Is the trend of softer US data upon us? US CPI, retail sales next IG client sentiment provides a mixed bias due to inconsistent daily and weekly positioning The analysis in this article makes use of chart patterns and key support … ادامه

USD/JPY Nears Thirty-Year Peak As US Inflation Data Loom

USD/JPY Analysis and Charts USD/JPY is close to 2022’s high of 151.94 That in turn was a 30-year top Strong US consumer price numbers could see the Dollar smash through this again Learn How to Trade USD/JPY With our Complimentary Guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen was lower against … ادامه