The new inflation numbers are a bombshell. But until the RBA cuts interest rates, the government won't see much love from the public.
Buy the AUD/USD pair and set a take-profit at 0.6400. Add a stop-loss at 0.6250. Timeline: 1-2 days. Bearish view Set a sell-stop at 0.6300 and a take-profit at 0.6200. Add a stop-loss at 0.6400.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
The daily chart reveals that Gold remains within a ... This aligns with the Fed's monetary policy expectations and the upcoming CPI data release. Market participants should also monitor the ...
Get Wall Street's Hottest Chart Every Morning Bitcoin BTC/USD is eyeing a march toward the $100,000 mark following CPI data that aligned with market expectations. What Happened: The report has ...
When are the US PPI and CPI Data releases? This week will no doubt ... The US Dollar index daily chart has run into a key area around the 110.00 psychological level. Yesterday's tariff news ...
On the economic data front, the US CPI release for December will draw all ... Gold bulls have avoided re-entering the pennant chart formation and sent prices back above the descending trend ...
Inflation remains above the Fed’s target, and it’s widely believed that a rate cut is off the table for January ... However, he notes that the CPI data should continue to show gradual ...
BTC/USD, 1-month chart. Source: Cointelegraph However ... “making it sensitive to today’s CPI data” and other economic factors, he told Cointelegraph. “Higher-than-expected inflation ...
A line chart titled "Spot gold price in USD per oz" that tracks the metric over time. Excluding volatile food and energy components, core CPI increased 3.2% on an annual basis, compared with an ...