Tag: CPI
EUR/USD Pares Gains amid US Data
The EUR/USD surged past the 1.12 handle on Thursday before quickly consolidating in the mid-1.11 region, as the markets digested a series of Eurozone...
EUR/USD Hits 2-Month Highs
The EUR/USD surged 150 pips on Wednesday, climbing to its highest level in two months after the US government said the economy barely expanded...
Bank of England Unanimous in Holding Interest Rates
The Bank of England’s rate setting body was unanimous in holding interest rates at record lows in April, although showed more optimism about the...
US CPI Inflation Rises 0.2% in March
US consumer prices increased in March for a second straight month, as rising gasoline prices offset a decline in food prices. However, annual inflation...
GBP/USD Hits 1-Month High
The GBP/USD advanced for a fifth consecutive day on Friday, as mostly positive UK employment figures capped off a strong weekly rally that saw...
GBP/USD Rallies amid Data Deluge
The British pound rallied against the US dollar on Tuesday, reversing nearly five-year lows following a deluge of economic data from the UK and...
EUR/GBP Tests New Lows Ahead of Data Deluge
The euro continued to drift lower against the British pound on Monday, as investors shifted their attention to a deluge of economic data and...
USD Weekly Outlook: 13-19 April, 2015
US and international data will influence the direction of the US dollar this week, as investors weigh the latest Fed-speak against the most recent...
EUR/USD Retreats as Eurozone CPI Declines
The EUR/USD declined sharply on Tuesday, falling more than 100 pips in intraday trade as Eurozone inflation continued to trend in negative territory in...
EUR/USD Weekly Outlook (Mar. 30 – Ap. 3)
Several high profile data releases are on the docket for the EUR/USD this week. The pair successfully rebounded from 12-year lows over the past...
EUR/USD Under Pressure as Greek Bailout Crisis Weighs
The euro was little changed against its US counterpart Friday after declining more than 70 pips in the European session, as fresh concerns over...
US Dollar Little Changed Following Stronger CPI
The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...
USD: Weekly Outlook (Mar. 23 – 27)
The US dollar suffered its worst week since 2011, as the Federal Reserve issued a cautious rate statement and summary of economic projections, casting...
EUR/GBP at 7-Year Lows Ahead of Carney, Draghi Remarks
The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU...
Forex Economic Indicators: CPI
As the most important benchmark for inflation, the Consumer Price Index or CPI is one of the most keenly watched fundamental economic indicators by...
