NZD/USD Steadies Near 0.5970 as USD Rally Pauses Before US PCE Data
5 Articles
5 Articles
Euro strengthens above 1.1650 ahead of US PCE inflation data
The post Euro strengthens above 1.1650 ahead of US PCE inflation data appeared on BitcoinEthereumNews.com. EUR/USD gains traction near 1.1680 in Friday’s Asian session. Traders will take more cues from the key US PCE inflation data later on Friday. Reuters poll indicates the majority of economists surveyed expect ECB to hold interest rates steady until at least December 2025. The EUR/USD pair recovers some lost ground around 1.1680 during the A…
Dollar steady ahead of PCE release - London Business News
The US dollar held steady on Friday as investors awaited the release of the Federal Reserve’s preferred inflation gauge, the PCE price index, alongside personal spending and income data. Consensus… The post Dollar steady ahead of PCE release appeared first on London Business News
EUR/USD Falls Ahead of PCE Index Release
A week ago, we wrote about significant changes in the dollar index – the DXY chart was signalling bullish trends. This week has confirmed those assumptions, which is also reflected in EUR/USD: this morning, the pair fell below 1.1660, marking a three-week low.Trader sentiment is being influenced by: → News regarding President Trump’s decision to impose tariffs on pharmaceuticals (and other goods) imported into the US. → Expectations for the rele…
EUR/USD strengthens above 1.1650 ahead of US PCE inflation data
The EUR/USD pair advanced to around 1.1680 during Friday’s Asian session, supported by broad weakness in the US Dollar (USD). However, investor sentiment is expected to turn cautious ahead of the release of the US August Personal Consumption Expenditures (PCE) Price Index, a key inflation gauge closely watched by the Federal Reserve (Fed). Fed officials […] The post EUR/USD strengthens above 1.1650 ahead of US PCE inflation data appeared first o…
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