US CPI rose 0.6% in August in line with analyst estimates. Markets were anticipating a yearly change of 3.6%, but the actual figure has come in higher at 3.7%
Oil prices are on the rise once again. US crude managed to break above a key resistance back in late August and has been steadily making its way towards the $90 mark, with Brent crude trading above $92 per barrel for the first time since November.
A look at the key USD pairs ahead of the US CPI data out on Thursday
A preview of the upcoming Federal Reserve, European Central Bank and Bank of Japan meetings
USD/JPY advances towards the top of its ascending triangle as the US dollar moves higher
Crude oil drops for the third day this week as concerns about growth intensify ahead of the FOMC meeting
A preview of the upcoming federal Reserve meeting on Wednesday May 2nd.
Precious metals continue to pull back as the recent rally had become overextended and unsustainable
USD trading setups post-CPI release
As the latest CPI data shows inflation cooling more than expected we take a look at the latest charts.
Job openings drop in February as the gap between vacancies and unemployed starts to close
Oil prices jump as OPEC+ plans to cut production in April. Gold finds resistance as inflation concerns reappear and natural gas lacks bullish momentum.
USD/JPY facing resistance ahead of BOJ meeting and US jobs data
US equities bounce higher on Wednesday as consumer confidence drops in February
US equities pullback further as retail giants warn about their profits and uncertainty remains about interest rate path.