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Anticipation and Uncertainty Ahead of Key U.S. Economic Data

Market Update - Daniel Ang The Accidental Trader Traders Academy International 7

As the week commences, the financial markets are poised at a critical juncture, with traders and investors closely monitoring upcoming U.S. economic data. The focus is on the Consumer Price Index (CPI) and Producer Price Index (PPI) releases, alongside retail sales figures, which are pivotal in shaping expectations about the Federal Reserve’s monetary policy trajectory. […]

Post US CPI Rises EUR/USD to 9-Month Peaks Above 1.0800

The EUR/USD currency pair saw its upside accelerated to levels last seen in April 2022, north of 1.0800, on Thursday. This was a result of the increasing selling pressure on the dollar, particularly exacerbated following the release of US inflation figures during December. The headline Consumer Price Index (CPI) rose at an annualized 6.5% in […]

Consumer Price Index (CPI) for September 2022

The US Bureau of Labor Statistics will release the Consumer Price Index (CPI) data for September on Thursday, October 13 at 8:30 pm Ph time. On a monthly basis, the CPI is expected to rise by 0.2%. The Core CPI, which excludes volatile food and energy prices, is expected to have risen by 0.5% last […]