The update to the US Consumer Price Index (CPI) may prop up the price of gold as the report is anticipated to show easing price pressures.

from DailyFX – Market News https://bit.ly/3WAAy5O
via IFTTT

Bitcoin and Ethereum post strong sessions following NFPs. Higher prices ahead?

from DailyFX – Market News https://bit.ly/3DwuORC
via IFTTT

The Federal Reserve made clear its intention to keep up its inflation fight, but that drive will only last so long. The DXY Dollar Index suffered its biggest daily drop since December 2015 to end this past week, while stretching a record-breaking run above the 100-day moving average. Will CPI, UofM survey or risk trends change that trend?

from DailyFX – Market News https://bit.ly/3E1Ln9x
via IFTTT

The Australian Dollar lost ground after the RBA continued to tilt away from a hawkish stance and the US Dollar was underpinned by a Fed hosing down inflation. Will AUD/USD go lower?

from DailyFX – Market News https://bit.ly/3hewKqD
via IFTTT

GBP/USD fell by over 3 big figures on the week as a hawkish Fed and growth warnings from the BoE left cable struggling to find support.

from DailyFX – Market News https://bit.ly/3sZYPo8
via IFTTT