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13

Feb 2024
Forex Market Analysis: USD Strength Awaits CPI Data, Gold and Currency Insights

CURRENCIES: US Dollar and CPI Data Release: The U.S. dollar’s movement shows uncertainty as the market awaits the crucial U.S. Consumer Price Index (CPI) data. This report, expected to indicate a slowdown in inflation to 2.9% from 3.4%, is seen as …

13

Feb 2024
Week ahead: week of economic revelations 

As the markets recalibrate from the recent rate and dollar surge, all eyes this week turn to the US CPI and retail sales data for January, potentially marking a pivotal moment for future rate adjustments. With the Federal Reserve’s rate …

12

Feb 2024
Forex Market Analysis: USD Strength Surges, Inflation Anticipation, S&P 500 Hits Record Highs

CURRENCIES: Gold Price Trends: Gold prices declined due to an increase in U.S. Treasury yields and a stronger U.S. dollar. Currency Market Movements: The EUR/USD and GBP/USD experienced slight drops but remained above critical technical levels. Anticipation of U.S. Inflation Data: The upcoming …

9

Feb 2024
Forex Market Analysis: Dollar Awaits CPI Report, S&P 500 Valuations Reach Historic Highs

CURRENCIES: US Dollar and Upcoming CPI Report: DXY index rose, influenced by higher U.S. Treasury yields. Market awaits January inflation data; headline CPI expected to slow to 3.1%, core CPI to 3.8%. Higher than expected inflation could boost U.S. dollar …

9

Feb 2024
S&P 500 Nears Historic Milestone Amid Stock Futures Dip and Currency Market Shifts

Stock futures edged lower on Thursday evening, despite the S&P 500 making headlines earlier in the day by briefly topping the 5,000 mark for the first time during intraday trading, before settling just below this historic level. This slight downturn …

8

Feb 2024
Forex Market Analysis: Gold Price Trends Await Inflation Data, S&P 500 Hits Record High

CURRENCIES: Gold Price Trends and Influences Gold prices have been fluctuating, stuck in a consolidation phase as they await new catalysts. Upcoming U.S. inflation data could significantly influence gold’s price direction in the near term. Impact of Federal Reserve’s Monetary …

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