NAS100 Supported Ahead of US CPI Inflation
Markets reacted positively to the fact that Fed Chair Powell did not comment on monetary policy yesterday, now awaiting Thursday’s CPI inflation
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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Markets reacted positively to the fact that Fed Chair Powell did not comment on monetary policy yesterday, now awaiting Thursday’s CPI inflation
The commodity made a strong start to the week on China and Fed optimism, but now faces difficulties, as the World Bank expects global growth to decelerate sharply this year
Watch today’s US Open for insights on the latest themes driving the markets, the Golden Cross of EUR/USD and more
The precious metal rose to the highest levels since May on Monday, driven by hopes of a Fed pivot, but consolidates its gains today
The pair stays on the offensive after Friday’s rally sparked by the US Jobs report, while forming a potentially important technical pattern
The pair rebounds from Tuesday’s slump, as markets gear up for a series of economic data and the accounts of the Fed’s last monetary policy decision
The latest Personal Consumer Expenditures (PCE) figures came out today and showed that inflation continued to moderate in November
The commodity extends its gains and pushes for another profitable week, helped by a big draw in US oil inventories
The pair shows resilience as the UK economy contracted in Q3, but remains in tough spot after the recent central bank blitz, awaiting key releases from the US
The pair is looking for direction around key technical levels after last week’s central bank blitz, as markets await Friday’s US PCE inflation update
The pair finds some support after Tuesday’s nearly 4% slump, due to the surprise policy tweak by the Bank of Japan
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