Gold prices had been hovering around opening levels until a mixed bag of US data sent them higher. The big news was that annualized inflation had relaxed a bit
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US Dollar Slips after Core PCE meets Expectations, USD still needs a Driver
The latest US inflation data came in line with market expectations, disappointing a market that has been looking for a driver.
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Dow and Nasdaq 100 Ease Back While Hang Seng Bounce Hits a Wall
US indices continue to tiptoe lower after last week’s highs, while the Hang Seng’s bounce from the January lows is coming under pressure.
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EUR/USD Rests Upon Key Long-Term Trend Filter Ahead of Key Inflation Data
EU jobs and inflation data in focus today alongside US PCE figures. EUR/USD sits on a key level as traders adopt a ‘wait and see’ approach to FX moves
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Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk
USD/JPY slips back below 150 after one Bank of Japan board member suggested that the central bank’s inflation target is finally in sight
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