Tag: CPI

EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting

The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...

ECB Stimulus Bets Lift Stocks, Weigh on Euro

European stocks were trading at three-month highs on Monday, while the euro weakened against the dollar as investors prepared for the European Central Bank (ECB)...

European Stocks Turn Higher on Stimulus Bets

European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month. The pan-European STOXX...

Cable Breaks Out after Better than Expected Inflation

Cable broke out on Tuesday, climbing more than 100 pips after UK inflation unexpectedly turned positive in July, a sign the Bank of England...

GBP/USD Gains 1.56

The GBP/USD climbed for a fourth consecutive day on Tuesday, retracing brief intraday losses stemming from mixed inflation data. The GBP/USD was trading near daily...

EUR/USD Tumbles on Broad Dollar Rally

The EUR/USD tumbled to fresh monthly lows on Friday, as the dollar rallied across the board despite mixed inflation figures out of Washington. The EUR/USD...

GBP/USD Plunges as Inflation Turns Negative

The GBP/USD plunged around 200 pips on Tuesday, as UK inflation entered negative territory for the first time on record, supporting expectations for a...

EUR/USD Hits 2-Month Highs

The EUR/USD surged 150 pips on Wednesday, climbing to its highest level in two months after the US government said the economy barely expanded...

Bank of England Unanimous in Holding Interest Rates

The Bank of England’s rate setting body was unanimous in holding interest rates at record lows in April, although showed more optimism about the...

US CPI Inflation Rises 0.2% in March

US consumer prices increased in March for a second straight month, as rising gasoline prices offset a decline in food prices. However, annual inflation...

GBP/USD Hits 1-Month High

The GBP/USD advanced for a fifth consecutive day on Friday, as mostly positive UK employment figures capped off a strong weekly rally that saw...

USD Weekly Outlook: 13-19 April, 2015

US and international data will influence the direction of the US dollar this week, as investors weigh the latest Fed-speak against the most recent...

EUR/USD Weekly Outlook (Mar. 30 – Ap. 3)

Several high profile data releases are on the docket for the EUR/USD this week. The pair successfully rebounded from 12-year lows over the past...

EUR/USD Under Pressure as Greek Bailout Crisis Weighs

The euro was little changed against its US counterpart Friday after declining more than 70 pips in the European session, as fresh concerns over...

US Dollar Little Changed Following Stronger CPI

The US dollar was little changed against a basket of trade-weighted currencies on Tuesday, as stronger than forecast consumer price inflation failed to generate...

USD: Weekly Outlook (Mar. 23 – 27)

The US dollar suffered its worst week since 2011, as the Federal Reserve issued a cautious rate statement and summary of economic projections, casting...

EUR/GBP at 7-Year Lows Ahead of Carney, Draghi Remarks

The EUR/GBP sunk to fresh seven-year lows on Tuesday, as the beleaguered euro continued to struggle amid ongoing talks between Greece and its EU...

Forex Economic Indicators: CPI

As the most important benchmark for inflation, the Consumer Price Index or CPI is one of the most keenly watched fundamental economic indicators by...