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Editors’ Picks

EUR/USD tumbles below 1.21 as US CPI smashes estimates

EUR/USD has tumbled below 1.21 after Core CPI came out at 3%, far above 2.3% projected. The robust figures may hasten the Federal Reserve's tightening. 

EUR/USD News

GBP/USD dips under 1.41 after US inflation beats estimates

GBP/USD has dropped under 1.41 after US CPI beat estimates with 4.2% while Core CPI came out at 3%. Earlier, UK GDP beat expectations with -1.5%.

GBP/USD News

Gold: All eyes turn to inflation data for gold's next big move

Gold price remains on the back foot around $1830, unable to clear a minor resistance near $1836 despite a pause in the US dollar’s advance. That barrier appears to be the horizontal 50-SMA on the hourly sticks.

Gold News

Dogecoin plans to retest all-time highs

Dogecoin price has successfully bounced off the $0.397 to $0.451 demand barrier, hinting at an incipient upswing. A continuation of this momentum could push DOGE to $0.697 and $0.740.

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US Consumer Price Index April Preview: The two base effects of inflation

American consumer prices are set to rise by the most in a decade as the base effect from last year’s pandemic collapse reaches its height. The Consumer Price Index (CPI) is expected to climb 0.2% in April.

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