Logo-color Logo-white

The higher-than-expected inflation data for January has reignited concerns about rising prices and its implications for Federal Reserve policy. While investors had anticipated rate cuts in the near term, the hot inflation print may delay such actions. As the Fed navigates the delicate balance between containing inflation and supporting economic growth, market participants will closely […]

The post USD: CPI Carries The Dollar to Pivots appeared first on Action Forex.

previous

Are EURCHF Bulls Ready for a Breakout?

next

Sunset Market Commentary

Read More

19/09/2024

GBPUSD Unlocks New High, But Eyes Remain on 1.3200

GBPUSD prints new high near 1.3300 after FOMC rate decision Technical signals remain bullish but clear close above 1.3200 is needed BoE expected to leave rates steady at 11:00 GMT GBPUSD remains committed to closing above the 1.3200 level for one more day. The Fed delivered a surprise double rate cut of 50bps on Wednesday, lifting the […]
11/12/2023

Fed Decision and US Inflation Data Coming Up

Fed set to hold interest rates steady on Wednesday USD reaction will depend on rate projections for next year Latest US inflation report to be released on Tuesday ahead of Fed How many rate cuts will the Fed signal?  It’s been a great year for the American economy. Real growth is on track to hit […]
13/09/2024

US Treasuries Rally Overnight With Front End of the Curve Outperforming.

Markets The ECB cut its deposit rate by 25 bps to 3.5% while narrowing the gap between the deposit rate and the main refinancing rate from 50 bps to 15 bps as flagged in March. New growth and inflation forecasts barely changed from June. The ECB plots the same 2.5%-2.2%-1.9% average inflation path for the […]