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
Headline CPI Slows, Core CPI Keeps Increasing in the US
The headline CPI consumer inflation continues to cool off, falling to 4% in May, but core CPI ticked up instead to 5.3% Full Article
Core Inflation Starting to Fall in Europe
Headline inflation ticked higher in April in the Eurozone, but core inflation which is more important ticked lower to 5.6% Full Article
GBP/USD Returns to Resistance After Failure to Hold Above 1.25
Inflation was expected to fall below 10% in the UK in March, but it remains extensively high at 10.1% Full Article
The 20 SMA Turns Into Support for USD/CAD As Canadian Inflation Slows
USD/CAD showing bullish signs as it reverses off the lows, while moving averages turn into support on the H4 chart Full Article
BOC Adds Another Reason for the CAD to Rally, After Oil Output Cut
USD/CAD has been bearish for most of March and the decline is picking up pace as Oil jumps while recession fears subside Full Article
GBP/USD Remains Supported by the 20 MA, As UK Inflation Picks Up Again
GBP/USD has retreated after the jump on higher consumer inflation numbers for February, but remains supported by the 20 SMA Full Article
USD/CHF Reversing Lower at the 100 Daily SMA, As Swiss Inflation Keeps Increasing
The retrace higher in USD/CHF seems to have ended at the 100 daily SMA and now this pair is reversing lower as Swiss inflation grows Full Article
Forex Signals Brief for February 15: Retail Sales to Turn Positive in January
Yesterday's US CPI inflation figures came in stronger than expected, but markets are awaiting the retail sales report today Full Article
Going Long on USD/JPY As US Inflation Holds
Inflation posted a slight decline but came a bit hotter than expected in the US for January, which is keeping traders confused Full Article
