Tag: CPI

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The EUR/USD continues the bearishness. The NFA yanks membership of introducing broker Traders Edge.

From the trading desk … On the eve of the 1 August deadline for U.S. trading partners to get in line with President Trump’s trade policies, the EUR/USD continues its slide toward 1.1400. Investors are still upbeat about gross domestic product in the second quarter 2025 and the 104,000 job pick up reported yesterday by … Continue reading The EUR/USD continues the bearishness. The NFA yanks membership of introducing broker Traders Edge.

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Real average hourly earnings for all employees decrease 0.2% in April

One CPI print doth not make an economic outlook, but commentators are observing a potential slowdown in the economy as the Consumer Price Index for All Urban Consumers increased 0.3 percent, seasonally adjusted and rose 3.4 percent over the last twelve months. This, according to the U.S. Bureau of Labor Statistics. (Are you ready for … Continue reading Real average hourly earnings for all employees decrease 0.2% in April

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So much for a rate cut as CPI increases 3.2% year over year. Dollar apparently strengthens …

Hopes for a rate cut any time soon appear dashed as the Consumer Price Index increased 0.4% in February and 3.2% over the last 12 months. The dollar apparently strengthened on the news. Here are the new rates, as of 8:30 am today that facing the Atlanta international community. USD/JPY=147.7863 EUR/USD=1.0917 USD/MXN=16.8123 USD/INR=82.7776 Source: x-rates.com … Continue reading So much for a rate cut as CPI increases 3.2% year over year. Dollar apparently strengthens …

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Interbank Market News Scan: Inflation slows. Expect Biden to take a victory lap.

Should Mr Biden speak specifically to the inflation report, I expect that he will give some amount of credit to his inflation reduction and infrastructure initiatives that he has been implementing over the past two years. In theory, fiscal spending usually takes 18 months to move through the economy. Inflation, however, is a monetary phenomenon where there is an increase in money supply and not enough production in the economy to absorb the money supply. Continue reading Interbank Market News Scan: Inflation slows. Expect Biden to take a victory lap.