Special Coverage | Live News & Analysis


US inflation data to influence September Fed rate hike bets

EUR/USD Weekly Forecast: More fireworks ahead as inflation data looms Premium

The EUR/USD pair plummeted to a 20-year low of 1.0071 on Friday to end the week at around 1.0170. Panic took over financial markets amid lingering recession fears and mounting inflationary pressures, spiced with an energy crisis in Europe, courtesy of Russia. Investors moved into safety, and the dollar made the most out of it. Demand for US government bonds weighed on yields at the beginning of the week, although the Treasury yield curve inverted, and hell broke loose.

All eyes on earnings and inflation

The week starts on mixed sentiment, as European and US futures are down, and the US dollar is up this morning. A mixture of micro and macro events will set the tone for this week and onward, as the earnings season kicks off this week, and the latest US inflation figures will be released, as well.



CPI Latest News

CPI Latest Analysis

Sponsor broker

Related Content



Related Content

Editors' Picks

EUR/USD slumps to 0.9850 area on relentless dollar strength

EUR/USD slumps to 0.9850 area on relentless dollar strength

EUR/USD came under renewed bearish pressure in the second half of the day and dropped to the 0.9850 area. The dollar rally picked up steam after the ADP employment report and the ISM Services PMI survey, weighing heavily on the pair. 

EUR/USD News

GBP/USD plunges to fresh daily low below 1.1300

GBP/USD plunges to fresh daily low below 1.1300

GBP/USD has extended its daily slide and dropped below 1.1300 in the second half of the day on Wednesday. The unabated dollar strength on the back of upbeat ISM Services PMI and ADP Employment Change data forces the pair to continue to stretch lower.

GBP/USD News

Visa (V) Stock Deep Dive Analysis: Hold Visa for the long term with a $175 price target

Visa (V) Stock Deep Dive Analysis: Hold Visa for the long term with a $175 price target

Welcome back to the deep dive series where this time we focus on Visa (V), the global payments company. Perhaps somewhat timely as consumers begin once again to turn to credit in the face of a pending recession and inflation.

Read more

Gold bulls not ready to give up

Gold bulls not ready to give up

Spot gold gave up part of its weekly gains on Wednesday and dipped to $1,700.47 a troy ounce, quickly bouncing afterward towards the current $1,712 price zone. The American dollar made a nice comeback as the market sentiment deteriorated.

Gold News

XRP price looks for a firm footing to catalyze a 20% rally

XRP price looks for a firm footing to catalyze a 20% rally

XRP price has produced a key signal that reveals the underlying bullish intent. The only requirement now is sustenance from the big crypto or another leg-up.

Read more

Majors

Cryptocurrencies

Signatures