Enter your emailSet a buy-stop at 24,600 and a take-profit at 25,500.Set a sell-stop at 23,450 and a take-profit at 22,000.jumped in the overnight session as the market reflected on the latest US inflation data.
Further data showed that the country’s core inflation dropped from 0.7% to 0.3%, which was lower than the expected 0.5%. On a YoY basis, this inflation remained unchanged at 5.9%. The two figures were still bigger than the Fed’s target of 2.0%. The BTC/USD pair rose after the report because of the significantly weaker US dollar. The dollar index dropped by more than 1.25% to $104.93. At its peak this year, the index was trading at $109.30. Similarly, America’s short-term bond yields slipped, with the 10-year falling to 2.788% and the 5-year dropping to2.9%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD Forex Signal: Bullish Breakout from Triangle Pattern$EURUSD: Still selling off from yesterday’s spike to above $1.0350. Forex Signals
Source: Daily_Forex - 🏆 567. / 51 Read more »
AUD/USD Forex Signal: Bulls Eye 0.7200 After Key ResistanceThe AUD/USD price soared to the highest level since June 10th of this year after the latest American consumer inflation data.
Source: Daily_Forex - 🏆 567. / 51 Read more »
EUR/USD Forex Signal: Brace for Volatility After US DataThe EUR/USD price continued consolidating while US bond yields retreated ahead of the latest American and German inflation data.
Source: Daily_Forex - 🏆 567. / 51 Read more »
AUD/USD Forex Signal: New Falling Price Channel$AUDUSD Forex Signal: New Falling Price Channel
Source: Daily_Forex - 🏆 567. / 51 Read more »
US Dollar Showing Some Signs of Resilience: USD/SGD, USD/THB, USD/PHP, USD/IDRWhile the US Dollar has been under pressure against ASEAN currencies, it seems to be holding up well all things considered. Where to for USD/SGD, USD/THB, USD/PHP and USD/IDR? Get your market update from ddubrovskyFX here:
Source: DailyFX - 🏆 305. / 63 Read more »
NZD/USD surges towards the 100-DMA post US soft CPI, on risk-on moodThe NZD/USD advances sharply following a better-than-expected US inflation report that showed prices are tempering, a signal for traders that the Fede christianborjon Right: soft...CPI.
Source: FXStreetNews - 🏆 14. / 72 Read more »