Read more
12:00 PM · 30 September 2022

💲Dollar strengthens ahead of PCE

-
-
Open account Download free app

Today at 1:30 pm BST investors will be served with PCE inflation data, the preferred measure by the Federal Reserve. Of course, today's readings will not change much in terms of Fed's plans for this year, but data may possibly fuel market hopes for another Pivot if inflation curbs.

Core PCE inflation is, however, expected to accelerate to 4.7% YoY from 4.6% YoY. It is worth noting that this is a very delayed measure as it concerns August. The core PCE inflation is expected to increase by 0.5% MoM from the previous reading of 0.1% MoM. Market attention will also be focused on reading the entire PCE inflation, which recently rose by 6.3% YoY in July, and in August it may drop to 6.0% YoY. Apart from that, the market will be looking at spending, the consensus of which indicates an increase of 0.2% MoM, while Americans' incomes are to increase by 0.3% MoM.

EURUSD is clearly retreating before the publication. Contracts also reduce gains. If today's reading indicated a decline in inflation, then it could raise hopes for a more dovish approach from central banks. However, if core inflation rises as expected, then the Fed will have another reason to raise interest rates. Source: xStation5

11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits