TAG: US CPI
Market Insights Podcast – Higher for longer interest rates back in vogue, US CPI, ECB and Q1 US banks earnings on the radar
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events. Firstly, a quick recap on what happened last week week where the initial Fed dovish pivot narrative has been watered down due to a hawkish Fed Sp...
6 months ago
EUR/USD Outlook Ahead of ECB Main Refinancing Rate and Monetary Policy
Talking Points European Central Bank – ECB US Consumer Price Index – US CPI EUR/USD Technical Analysis – Weekly Chart EUR/USD has been grappling with significant pressure over the past few weeks, caught between the influence of inflation data and the ongo...
6 months ago
USD/JPY Technical: Rising US Treasury-JGB yield spreads outweigh BoJ’s intervention risk
A firmer March’s US CPI has altered the relative fundamentals narrative between the US & Japan. Reduces the risk of FX intervention from Japanese authorities to prop up a weaker JPY due to the lack of supporting fundamentals. The bullish reversal see...
6 months ago
UK100: Set for more wild price swings?
Raft of UK data could rock UK100 this week UK CPI sparked moves of ↑ 0.9% & ↓ 0.8% over past year Incoming US CPI data may set tone for markets Key levels of interest – 8120, 8200, 8310 Watch this space because FXTM’s UK100 index could see signific...
2 months ago
FXTM’s CHINAH: On breakout watch ahead of key events
Potential trading opportunities on horizon for CHINAH Raft of China data, Alibaba & JD.com earnings on Thursday CHINAH respecting bearish channel on D1 charts Key levels of interest – 5965, 6100 & 6225 If you are seeking fresh market opportunitie...
2 months ago
FXTM’s CHINAH: On breakout watch ahead of key events
Potential trading opportunities on horizon for CHINAH Raft of China data, Alibaba & JD.com earnings on Thursday CHINAH respecting bearish channel on D1 charts Key levels of interest – 5965, 6100 & 6225 If you are seeking fresh market opportunitie...
2 months ago
Week Ahead: USDInd faces triple risk events
USDInd ↓ 5% from 2024 high US Presidential debate, CPI & ECB in focus Euro accounts for almost 60% of USDInd Over past year US CPI triggered moves of ↑ 0.7% & ↓ 0.6% First levels of interest – 101.94 & 100.52 As the countdown gets closer...
1 month ago
Week Ahead: USDInd faces triple risk cocktail
USDInd ↓ 5% from 2024 high US Presidential debate, CPI & ECB in focus Euro accounts for almost 60% of USDInd Over past year US CPI triggered moves of ↑ 0.7% & ↓ 0.6% First levels of interest – 101.94 & 100.52 As the countdown gets closer...
1 month ago
Week Ahead: US30 ripe for a steep pullback?
*Note: This report was written before the US NFP data was published* US30 ↑ 8% in Q3 April only negative trading month in 2024 Geopolitics, US CPI & big bank earnings in focus Over past year, US CPI triggered ↑ 0.7% & ↓ 0.8% Technical levels – 4...
1 week ago
USDInd: Eyes 100-day SMA ahead of US CPI data
USDInd ↑ 2% in October Traders pricing in 85% prob of Fed cut in November Over past year, US CPI triggered ↑ 0.8% & ↓ 0.6% Technical levels – 100 & 200-day SMA Dollar bulls continue to dominate the G10 space, crushing all obstacles. A mixture...
6 days ago