The latest U.S. Consumer Price Index (CPI) report from the Bureau of Labor Statistics (BLS) indicated a moderate 0.2% increase in inflation, following a 0.1% decline in the previous month. Notably, the annual CPI growth dipped below 3% for the first...
Traders are currently pricing in a 93% probability that the US central bank will reduce borrowing costs by 25 basis points during Wednesday’s meeting. However, recent signs indicate that progress in reducing inflation toward the Fed's 2% target has...
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 cryptocurrency market continues to struggle, showing little urgency to recover. Currently trading around $3.3 trillion in market capitalization, it is consolidating at lower levels compared to previous weeks. Earlier, the market hovered near...
The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
