The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!
Tag - inflation
US inflation report and ECB meeting will shake the market on Thursday. More opportunities for traders! Read the article to know how the market will probably react.
The traders’ focus remains on Thursday’s report on US inflation, which may push the Federal Reserve to start discussing tapering bond-buying.
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
The main focus of traders will be on US inflation at 15:30 GMT+3. Analysts expect the huge spike of the US inflation.
The United States will publish a monthly Inflation Rate and Core Inflation Rate on May 12, at 15:30 MT time.
Stocks especially tech ones dropped on Tuesday on concerns over inflation. Gold is viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Fibonacci Levels XAU/USD: Gold facing a further consolidation on a full-time retracement area…
Today traders await the US inflation data to be out at 15:30 MT. Jump in to get fresh trade ideas for today!
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.