Dollar Strength Continues, Focus on U.S. Consumer Price Index (CPI) Tonight
Dollar Strength Continues, Focus on U.S. Consumer Price Index (CPI) Tonight The U.S. dollar remains on an upward trajectory. In October, the strong U.S. economic data and the anticipation of the U.S. presidential election fueled the “Trump trade,” and reports showed a tight race in support between Trump and Harris leading up to the November […]
What should FX traders consider about the Consumer Price Index?
The Consumer Price Index (CPI) is a significant economic indicator that foreign exchange (FX) traders pay close attention to for a variety of reasons. Here are some points that FX traders should consider regarding the CPI: Inflation Indicator: CPI is a widely used measure of inflation. As such, if the CPI is rising, it indicates […]
Adjusted mood ahead of tomorrow’s consumer price index (CPI)
Last weekend, the movement of risk appetite in the London market turned around in the NY market, and the movement of adjustment began with the depreciation of US stocks. At the beginning of the week, transactions have started following the level of the strong dollar and strong yen since last weekend. There are no plans […]