|

United States Consumer Price Index Core s.a rose from previous 329.79 to 330.54 in September

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD hangs close to 1.1750, with eyes on Fedspeak

EUR/USD is holding its retreat from 10-week highs near 1.1750 in the European session on Friday, capped by a modest rebound in the US Dollar.  The potential downside for the pair might be limited amid expectations of divergent Fed-ECB monetary policy outlooks. Fedspeak is awaited, 

GBP/USD holds steady below 1.3400 after mixed UK dta

GBP/USD is keeping its range trade intact below 1.3400 in European trading on Friday. The UK GDP unexpectedly fell by 0.1% in October vs. a 0.1% growth expected, while the Manufacturing Production rose 0.5% over the month in the same period, missing the estimated 1% increase. Mixed UK data have little to no impact on the Pound Sterling. 

Gold remains close to its highest level since October 21 amid Fed's dovish outlook

Gold remains on the back foot through the Asian session on Friday, though it lacks follow-through and trades near its highest level since October 21, touched the previous day. A generally positive tone around the equity markets undermines demand for traditional safe-haven assets and acts as a headwind for the commodity.

Bitcoin and Ethereum eyes breakout, Ripple steadies at support

Bitcoin and Ethereum are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

Big week ends with big doubts

The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.

Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.