Tag Archives: PCE data

The U.S. dollar hovered close to a six-week high on Friday, bolstered by safe-haven demand amid rising Middle East tensions and investor focus on the U.S. payrolls report, which could influence the future trajectory of U.S. interest rates. The dollar index, which tracks the greenback against six major currencies, stood …

The U.S. dollar strengthened on Thursday, supported by robust employment data and geopolitical tensions in the Middle East. At 08:30 GMT, the Dollar Index, which measures the greenback against a basket of six major currencies, rose by 0.2%, reaching 101.597, close to its recent three-week high. Labor Market Strength Fuels …

The U.S. dollar remained steady on Monday as traders awaited a speech from Federal Reserve Chair Jerome Powell later in the day and anticipated Friday’s crucial employment report. As of 04:25 ET (08:25 GMT), the Dollar Index, which measures the dollar against a basket of six other major currencies, traded …

The US Dollar (USD) faced downward pressure following the release of August’s Personal Consumption Expenditure (PCE) data, a preferred inflation indicator for the Federal Reserve. The headline PCE inflation rate came in below expectations, suggesting a potential cooling in price pressures.The softer-than-anticipated inflation data has led to a reevaluation of …

US equities continued their upward trajectory for a third consecutive week, buoyed by reassuring economic data that suggests a potential soft landing for the economy. Despite a minor pullback on Friday, investors remained optimistic as inflation indicators and consumer sentiment data painted a favorable picture. The S&P 500 index displayed …

The Japanese Yen (JPY) managed to recover its daily losses following the news that Shigeru Ishiba, the former Defense Chief, won the Liberal Democratic Party (LDP) leadership race, securing his position as Japan’s new Prime Minister. This political development has provided support for the yen, but some traders remain cautious …

Gold prices, having recently reached a new all-time high, are currently facing a period of consolidation as investors await the release of the US Personal Consumption Expenditure (PCE) Price Index. While the market is anticipating a further easing of monetary policy by the Federal Reserve, the upcoming inflation data could …

In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Wall Street’s Collective Gains and Weekend Variation Over the past week, …

In an interview conducted by Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Eurozone Economic Outlook At the start of the week, a series …

In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Euro-Dollar (EUR/USD) The Euro-Dollar pair experienced significant movement. Following the Federal …