Traders are closely watching the upcoming release of the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI), which are expected to play a crucial role in shaping the Federal Reserve’s (Fed) monetary policy outlook. These inflation...
Fresh data from the Japan Statistics Bureau revealed that the National Consumer Price Index (CPI) surged 3.6% year-over-year (YoY), accelerating from the previous 2.9% reading. Core consumer prices, which exclude volatile food prices, rose as...
The GOLD (XAU/USD) pair on the H1 timeframe is currently exhibiting strong bullish momentum, with the price stabilizing around 2855.78 after an extended upward trend. The price has consistently respected an ascending channel, showing a well-defined...
The AUD/USD pair on the H1 timeframe is currently displaying mixed signals, making it challenging to determine the short-term direction with certainty. The price is stabilizing around 0.6284 after a notable recovery from lower levels, which suggests...
Federal Reserve (Fed) Chairman Jerome Powell has aligned with policymakers who see the need for another rate cut, although no such action was taken. Powell emphasized that the U.S. economy and labor market remain resilient, reinforcing the Fed’s...
