Dollar Selloff Continues as Risk-On Sentiment Drives US Stocks to New Highs
Dollar faced broad sell-offs overnight and continued to weaken in Asian session. Investors breathed a […]
Fed’s Goolsbee stresses need for housing inflation drop to reach 2% target
Chicago Fed President Austan Goolsbee, in a Marketplace interview, emphasized the importance of a significant […]
Fed’s Kashkari: Current rates might be one foot on the brake, not two
Minneapolis Fed President Neel Kashkari stated overnight that Fed likely needs to keep interest rates […]
April CPI: It’s a Start
Summary The first CPI report of Q2 should be seen as welcome news by the […]
US: Core Inflation Cools to Near Three-Year Low in April
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in April, a tick below the […]
U.S. Retail Sales Starts Q2 on a Subdued Note
Retail sales came in flat for the month of April. Additionally, March’s growth was revised […]
US CPI slows to 3.4% in Apr, core CPI down to 3.6%
US CPI rose 0.3% mom in April, matched expectations. CPI core (ex food and energy) […]
EUR/USD – USD/JPY – USD/CAD Technical Analysis Overview ahead of US CPI and Retail Sales
US Consumer Price Index – US CPI The core CPI, which excludes Energy and food […]
Gold Technical: Stagflation Risk and Softer US 10-year Treasury Real Yield Supporting Bulls
Stagflation risk has led to a softer US 10-year Treasury real yield below 2.38%. The […]
Australian Dollar Higher, Wage Growth Dips Lower
The Australian dollar has extended its gains on Wednesday. AUD/USD is up 0.24%, trading at […]
PPI Data Didn’t Feel ‘Right’
Yesterday was one of those days when investors insisted on seeing a glass that was […]
Fed’s Williams: Monetary policy in a good place, no need to tighten today
In a Reuters interview, New York Fed President John Williams expressed confidence in the current […]