USD/MXN Takes a Breather as US Inflation Turns This Pair Bullish
The US dollar stopped sliding against the Mexican peso today after an 8-day fall lower. US inflation reported higher than expected. Full Article
Bearish Chart Pattern in EUR/USD After German Inflation Figures
The euro to dollar rate increased considerably in the last few weeks, but it has formed a bearish chart pattern after failing to reach 1.10 Full Article
USDJPY: Yen Strengthens as US Dollar Loses Ground on Looming Pivot Point
The US dollar has been losing ground over the past 4 sessions against most currencies, and the Japanese yen is no exception. Full Article
XAUUSD at Overbought Levels Last Seen in 2022 – Inflation Data Weighs
The shiny metal has been trading for the past 4 sessions at RSI levels not seen since March 3, 2022. Full Article
USD Consolidates in Anticipation of Strong US Inflation CPI
The market sentiment today seems subdued, as traders await the US CPI inflation report tomorrow. They fear a tick higher in the February CPI Full Article
Asian Stocks Witnessed Volatility Before US Inflation Data; Yen Increases
February 29 while the dollar and the US Treasuries remained stable ahead of the US inflation data. Full Article
Inflation in Latin America continues to surprise negatively
Argentina solidified its position as the country with the highest inflation worldwide. Inflation continues to harm other LATAM countries. Full Article
USD/CHF Heading for 0.90 After Bullish Break on Softer Swiss Inflation
USD/CHF has been bullish since late December gaining more than 5 cents, and yesterday we saw another jump after softer Swiss inflation Full Article
Can We Put Inflation Fears to Rest as Rates Drop Globally?
Global inflation is dropping, but does it mean that we can stop worrying about rising inflation in the near future? Full Article
US Inflation Slowing Much to Americans’ Relief
A steadily growing US economy is having an effect on inflation, but for how long before thigns turn? Full Article
Market Bullish on USD As It Comes Back After Softer Inflation
The USD declined immediately after inflation numbers mostly missed expectations, but reversed and ended up higher, showing buying pressure Full Article
What Are the Expectations for Today’s Inflation Report?
Markets are expecting an increase in headline inflation today, which has been supporting the USD all week, so we might get a negative... Full Article