EUR/USD Forecast: Euro could extend uptrend if risk flows continue to dominate markets
EUR/USD gathered bullish momentum in the late American session on Thursday and gained nearly 0.8% on the day. After touching its highest level since January 28 above 1.0470 in the Asian session on ...
US posts $129 billion January deficit on calendar shifts, higher outlays
The federal government posted a $129 billion budget deficit for January, up sharply from an unusually low $22 billion deficit ...
The market really doesn't like the latest inflation report
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
January Inflation Data: Here's What to Know
The closely scrutinized monthly consumer-price index is due this morning. Here are the key points: Economists expect the CPI increased 2.9% from a year earlier, the same rate seen in December. An ...