US Stocks Fall as Inflation Holds Pace
Dow Jones Drops 173 Points, S&P 500 Sheds 27 Points, Nasdaq 100 Closes Lower by 57 Points
USDCAD Rebound to Benefit from Sticky US Consumer Price Index (CPI)
Updates to the US Consumer Price Index (CPI) may keep USDCAD afloat as the figures are anticipated to highlight sticky inflation.
USDCAD Rebound Unravels Ahead of Fed Symposium Amid Sticky Canada CPI
USDCAD pullbacks ahead of the Fed Economic Symposium as Canadas Consumer Price Index (CPI) comes in stronger-than-expected in July.
GBPUSD Rate Susceptible to Slowing UK Consumer Price Index (CPI)
Updates to the UK Consumer Price Index (CPI) may do little to curb the depreciation in GBPUSD as the headline reading is expected to narrow to 1.9% from 2.0% in June.
Lackluster Australia CPI to Keep AUDUSD Rate Under Pressure
Updates to Australias Consumer Price Index (CPI) may do little to curb the recent decline in AUDUSD as the core rate of inflation is expected to narrow to 1.5% from 1.6%.
AUDUSD Carves Lower Highs and Lows After Being Capped by 200-Day SMA
AUDUSD carves a series of lower highs and lows ahead of the Federal Reserve meeting, with the broader outlook mired by the failed attempt to test the 200-Day SMA.
AUDUSD Rate Capped by 200-Day SMA Ahead of Australia Inflation Report
AUDUSD stands at risk for a further decline ahead of Australias CPI report as the rebound from the June-low (0.6832) stalls ahead of the 200-Day SMA (0.7087).
Strong China Consumer Price Index (CPI) to Fuel AUDUSD Rate Rebound
Updates to Chinas Consumer Price Index (CPI) may fuel a larger rebound in AUDUSD as the headline reading is expected to pick up for the third consecutive month.
GBPUSD Rate Risks Near-Term Rebound on Rising UK CPI
Updates to the U.K. Consumer Price Index (CPI) may spark a near-term rebound in GBP/USD as both the headline and core rate of inflation are projected to pick up in April.
GBPUSD Rate Breaks Bearish Sequence Despite Cautious BoE Rhetoric
Recent price action in GBP/USD raises the risk for a near-term rebound as the exchange rate fails to extend the series of lower highs & low from the previous week.
Post-RBA AUDUSD Rebound to Take Cues From China CPI
Updates to Chinas Consumer Price Index (CPI) may influence the AUD/USD exchange rate as the reading for inflation is expected to increase to 2.5% from 2.3% in March.
Slowing Australia CPI to Keep AUDUSD Rate Under Pressure
Updates to Australias Consumer Price Index (CPI) may fuel the recent decline in AUD/USD as the is expected to narrow to 1.5% from 1.8% in the fourth-quarter of 2018.
USDCAD April Range on Radar as U.S. CPI Fails to Sway Fed Outlook
USD/CAD may stage a larger rebound following the updates to the U.S. Consumer Price Index (CPI) as the exchange rate initiates a fresh series of higher highs and lows.
EURUSD Rebound Vulnerable to Strong U.S. Consumer Price Index (CPI)
Updates to the U.S. Consumer Price Index (CPI) may spur a bullish reaction in the dollar as the headline reading is projected to increase to 1.8% from 1.5% in February.