inflation Archives - Page 2 of 55

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USD Index Holds Steady at 101.80 Amid Anticipation of Market Data

by admin · April 26, 2023 ·

Hey there, traders! It looks like the greenback is off to a rocky start this week. The USD Index (DXY) gave up some gains yesterday and is trading with marginal ...

Forex Today: US Dollar Faces Mid-Tier Data Headwinds in Quest for Foothold

by admin · April 25, 2023 ·

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FOREX TODAY: Good day, traders! Are you ready to rock this Tuesday with the latest Forex news? Let's dive in!After Monday's sell-off, the US Dollar (USD) is trying to find ...

USD/CAD Surges to 1.3550 as Oil Prices Weigh on Sentiment

by admin · April 25, 2023 ·

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USD/CAD is currently grinding near its highest levels in three weeks, thanks to the downbeat risk profile that's got everyone on edge. But don't worry, the US Dollar is bouncing ...

Global PMI Reports and Interest Rate Concerns Push Oil Prices Down to Near $76.75

by admin · April 24, 2023 ·

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Well, well, well, it looks like oil prices have hit the skids again, dropping to approximately $76.75. Why, you ask? Oh, just because everyone's freaking out about a global economic ...

Gold Price Forecast: XAU/USD Under Pressure as US Dollar Strengthens

by admin · April 24, 2023 ·

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Gold, gold, gold! It's been quite the rollercoaster ride for Gold. and it looks like the ride isn't over yet. For the second day in a row, the XAU/USD is ...

Mastering the Dynamic Potential of Relative Strength Index in Forex Trading: A Guide to Profitable Trading

by admin · April 22, 2023 ·

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Introduction Forex trading, at its core, involves the intricate dance of buying one currency while simultaneously selling another. This global decentralized market, representing the world's largest financial platform, witnesses currency exchanges ...

AUD/USD Regains Momentum, Surges Above 0.6700 Level

by admin · April 21, 2023 ·

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The US Dollar Index might be dropping, but the commodity currencies are feeling the pressure today. There's some key data coming up, so buckle up! The US S&P Global PMI ...

Gold Price Forecast: XAU/USD Sinks Below $2,000 on US PMI Improvements

by admin · April 21, 2023 ·

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Well, well, well, it looks like our friend Gold is taking a tumble. Why, you ask? Blame it on the surprisingly positive US S&P Global PMIs, which have boosted the ...

EUR/USD Hits 1.0940 Following Weak US PMI Data

by admin · April 21, 2023 ·

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The US Dollar is on fire! It surged across the board following the release of the S&P Global PMI survey data, leaving the EUR/USD pair retreating but still holding above ...

GBP/USD Holds Steady Following Weak UK Retail Sales Report

by admin · April 21, 2023 ·

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What's up, forex traders? Today, we're talking about the GBP/USD pair, which has been facing some tough times lately. Let's dive in and see what's been going on. So, the pound ...