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EUR/USD stays below 1.0900 after EU inflation data
EUR/USD stays on the back foot and trades below 1.0900 on Friday. The data published by Eurostat showed on Friday that the annual HICP declined to 6.9% in March from 8.5% in February, compared to the market expectation of 7.1%. Investors now await PCE inflation data from the US.
GBP/USD remains pressured below 1.2400 ahead of US PCE data
GBP/USD is trading below 1.2400, consolidating its retreat from two-month highs at 1.2423 in the European session. The pair is weighed down by the mixed UK economic data and the US Dollar comeback. Focus now remains on the US PCE data.
Gold stalls after Fed officials signal more hikes may be needed
Gold price (XAU/USD) stalls after early gains on Friday, exchanging hands in the $1,970-80 range in the European Session, after the release of poorer-than-expected US data provided the safe-haven with a bid.
Will Dogecoin price pull an XRP and rally 60% next week?
Dogecoin price has been in a tight range bound movement since November 22. The recent recovery above the range low looks promising and hints at an explosive move for next week.
US February PCE Inflation Preview: Bad news for the Dollar, good news for the Fed? Premium
United States Core Personal Consumption Expenditures Price Index is expected to stay at 4.7% YoY. Easing inflation would be welcome news for the Fed, but not for Dollar bulls.