Core PCE inflation holds steady at 2.9% in August as forecast
[ad_1] Annual inflation in the United States (US), as measured by the change in the Personal Consumption Expenditures (PCE) Price…
Category: Forex News
GDP expanded by 0.2% MoM in July
[ad_1] Statistics Canada noted that the Canadian economy expanded by 0.2% in July, coming in above initial estimates of a…
Focus is now on balancing the Fed’s goals
[ad_1] Richmond Federal Reserve (Fed) President Thomas Barkin said on Friday that he sees limited risks of a sharp increase…
EUR/USD edges higher as traders digest in-line US PCE inflation data
[ad_1] The Euro edges modestly higher as traders digest largely in-line US PCE inflation figures. The core PCE Price Index…
Gold climbs as PCE data fuels Fed easing speculation
[ad_1] Gold surges as dovish bets grow despite fragile labor market and mixed consumer sentiment signals. Core PCE inflation stays…
Australian Dollar stabilizes ahead of RBA meeting
[ad_1] The Australian Dollar (AUD) is consolidating against the US Dollar (USD) on Friday, with the AUD/USD pair stabilizing around…
GBP/USD edges higher as Greenback eases after US PCE, UoM sentiment
[ad_1] The British Pound steadies after a two-day slide, with GBP/USD staging a modest recovery. The US PCE inflation report…
Small chance of breaking below the next support at 0.5730 – UOB Group
[ad_1] New Zealand Dollar (NZD) could decline further, but it remains to be seen if it can break below the…
China’s Gold Imports Declined in August – Commerzbank
[ad_1] Gold prices continue to climb, attracting strong ETF inflows, but high prices are weighing on physical demand as China’s…
EUR/USD rebounds as Fed rate cut bets strengthen after PCE
[ad_1] Core PCE inflation remains under 3%, boosting the probability of Fed rate cuts to nearly 90% into year-end. Dovish…