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
Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?
ECB Holds Rates Unchanged💶 EURUSD down 📉
There is no good scenario for the euro today
Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨