Following a turbulent 2023, the EUR/USD pair finds itself at a turning point as we approach 2024. In the upcoming weeks and months, a number of important events could have a big influence on its course....
ForexSan
06/01/2024
Impact of Core CPI m/m USD News: Possible Situations and Important Elements The US dollar and, by extension, the USD/JPY pair might be greatly impacted by the January 11, 2024, release of the US Core CPI m/m data, which measures the month-to-month change in the Consumer Price Index, excluding food and energy. Below is a summary of potential outcomes and important things to think about:...
ForexSan
10/01/2024
Initial Jobless Claims: A Key Indicator for the USD and Beyond The upcoming release of US Initial Jobless Claims data on Thursday, January 12, 2024, holds the potential to significantly impact the US dollar and various financial markets...
ForexSan
10/01/2024
The claim that "all USD news is coming good" should be treated cautiously....
ForexSan
11/01/2024
The impact of today's (January 18, 2024) USD news on the forex market Good News for the US Dollar...
ForexSan
17/01/2024
As investors wait for the Federal Reserve meeting amid geopolitical tensions in the Middle East, the US dollar has stabilized. The market sentiment has shifted from expecting aggressive rate cuts to a more balanced outlook due to the resilient economic data. The dollar index has edged up to a six-week peak, poised for a 2% monthly gain. Expectations for a March rate cut have dropped to 49% from 86% previously. Eurozone inflation concerns have led to expectations of ECB rate cuts, which, in turn, have put pressure on the euro. The yen has seen a monthly decline amid fading hopes of BOJ policy normalization. Geopolitical uncertainties, highlighted by a drone attack in Jordan, have added to market jitters, which could potentially boost the safe-haven yen. Overall, financial markets remain cautious, balancing economic indicators, central bank decisions and geopolitical risks....
ForexSan
29/01/2024
