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Summary The September CPI report came in slightly hotter than expected, but not enough to meaningfully change the outlook for U.S. inflation. Headline CPI rose 0.2% in the month, while excluding food and energy prices consumer price inflation was a tenth stronger at 0.3%. A 4.1% drop in gasoline prices helped restrain overall inflation, although […]

The post September CPI: Minor Turbulence appeared first on Action Forex.

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22/07/2024

EURCHF Hovers Around 38.2% Fibo

EURCHF spikes lower following rejection at 23.6% Fibo Price trades sideways after break below 50-day SMA Momentum indicators are neutral-to-negative EURCHF has been staging a solid recovery since mid-June, advancing to its highest level in more than a month last Monday. However, the pair experienced a strong pullback following its rejection around 0.9796, which is the 23.6% Fibonacci […]
16/09/2024

USD/JPY Falls to the Lowest in Over One Year After Violation of Key Supports

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China Indices Suggest Ongoing Doubts of Efficacy and Amount of Stimulus

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