US February PCE core inflation 4.6% vs 4.7% expected.
US core PCE from the US personal consumption expenditure report for February 2023
Source: forexlive.com
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S&P 500 Technical Analysis
The S&P 500 keeps on defying any negative news.
Source: forexlive.com
The Fed has never cut rates when unemployment is this low
Fed cut odds for year-end fall
Source: forexlive.com
US February CPI 6.0% y/y vs 6.0% expected
Highlights of the US February 2023 CPI report
Source: forexlive.com
Major stock indices open modestly higher after sharp falls in yesterday
Dow Industrial Average felt -575 points yesterday
Source: forexlive.com
The dollar dips as Powell signals that March is still data dependent
The EURUSD trades above last Wednesday's low
Source: forexlive.com
The USD is the strongest and the AUD is the weakest as the NA session begins
The RBA raised rates by 25 basis points, but it was more of a "dovish hike". AUDUSD tested to 50% midpoint of range since October 2022 low.
Source: forexlive.com
EURUSD stays above 100 hour MA below. Ceiling above at 1.0692 area
The Fed Chair prepared text awaited? Prepared text could be released at 8:30 AM
Source: forexlive.com
USD/JPY continues to poke and prod at key technical levels this week
This is a key test for USD/JPY in the big picture
Source: forexlive.com