Core PCE prices in the US which exclude food and energy rose 1.3 % year-over-year in July, following 0.9 % gain in June and above market expectations of 1.2% increase. On monthly basis, core PCE inflation edged up to 0.3 % from 0.2 % in previous month.
EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.19 level. Source: xStation5
Wall Street starts the new week with mixed sentiment in reaction to macroeconomic data and comments from Jerome Powell, which support the Fed’s...
17:15USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...
16:15Wall Street is going back to cautious as strong labour market data and status-quo-reaffirming remarks from Fed’s Chair Jerome Powell push back the...
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