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USD Index Drops Towards 92.00 After US CPI Data

The USD Index has shed off some weight this Tuesday following the release of the US Consumer Price Index data.  According to data released by the Bureau of Labor Statistics, Consumer Price Index rose 0.6% monthly in March, which surpassed the previous number (0.4%) and the market expectation of 0.5%. […]


EUR/USD: Buying Pressure Remains Low Ahead of the US Inflation Data

EUR/USD is trading lower by 0.08% as the market reacts to the lower-than-expected German ZEW economic sentiment. The index measures the economic outlook of Europe’s largest economy over a span of six months. Analysts expected April’s reading to come in at 79.0; higher than the previous month’s 76.6. However, at […]

S&P 500

Dow Jones Index Forecast Ahead of US Inflation Data

Dow Jones futures are rising ahead of the important US inflation numbers scheduled for later today. The index is trading at $33,655, which is a few points below its all-time high. It has already risen by more than 10% this year. The fear and greed index, on the other hand, […]


EUR/GBP Signal: EUR to GBP Could Soon Jump to 0.8770

The EUR/GBP is down for the past two straight days as traders reflect on the mixed economic numbers from the United Kingdom (UK) and the European Union (EU). The pair dropped to 0.8653, which is slightly below yesterday’s high of 0.8698. What happened: The Office of National Statistics (ONS) published […]