The market might be on holiday but the week isn’t over yet. An event begins at 11:15 am ET at the San Francisco Fed. It […]
US dollar dips in thin trade after PCE dataUS dollar dips in thin trade after PCE data
I would be careful taking any signals from today’s FX market moves but the US dollar dip after the PCE report is probably the right […]
US February PCE core inflation +2.8% y/y vs +2.8% expectedUS February PCE core inflation +2.8% y/y vs +2.8% expected
Prior month 2.8% (revised to 2.9%)PCE core m/m +0.3% vs +0.3% expected (unrounded +0.261%)Prior m/m core +0.4% (revised to +0.5%)Headline PCE +2.5% y/y vs +2.5% […]
US February advance goods trade balance -91.84B vs -90.51B priorUS February advance goods trade balance -91.84B vs -90.51B prior
Prior was -90.2B Exports of goods for February were $175.1 billion, $4.8 billion more than January exports. Imports of goods for February were $266.9 billion, […]
US February wholesale inventories +0.5% vs -0.3% priorUS February wholesale inventories +0.5% vs -0.3% prior
Prior was -0.3% (revised to -0.2%)Retail inventories ex autos +0.4% vs +0.3% priorInventories down 1.6% from February 2023 This is a lower-tier indicator but it […]
Weekly Market Recap (25-29 March)Weekly Market Recap (25-29 March)
Monday Fed’s Bostic (hawk – voter) late Friday said that he changed his view and now expects just one rate cuts this year vs. two […]
ForexLive European FX news wrap: Currencies subdued on Good FridayForexLive European FX news wrap: Currencies subdued on Good Friday
Headlines: Easter break subdues markets ahead of the weekendCentral bank rate cut odds.. How have they changed in Q1?France March preliminary CPI +2.3% vs +2.6% […]
USDCAD Technical Analysis – Key levels in playUSDCAD Technical Analysis – Key levels in play
USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]
It’s a rare PCE report into a holiday-thinned marketIt’s a rare PCE report into a holiday-thinned market
It’s Good Friday and that means that equities, bonds and futures are closed. Of course, the FX market isn’t but it’s thinned out in a […]
AUDUSD Technical AnalysisAUDUSD Technical Analysis
USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]