Dollar bounces ahead of PCE data; euro slips on weak German retail sales

Dollar bounces ahead of PCE data; euro slips on weak German retail sales
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Dollar bounces ahead of PCE data; euro slips on weak German retail sales
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Market sentiment is turning negative again as the new week begins, and with gas prices rising, this reaction makes sense. Even though the usual link between markets and the economy has weakened lately, oil prices are once again driving investor decisions. Higher energy costs are becoming a reality, and with Crude Oil rising back above…
Buyers managed to achieve some success. The price rose, but remained within a range that currently looks somewhat uncertain. The thing is, the current situation can be viewed from two perspectives. From one perspective, the development of an initial diagonal triangle is assumed, in which the fifth wave is currently being formed. From another perspective,…
United States (US) Treasury Secretary Scott Bessent hit the newswires on Wednesday, giving his thoughts on the US debt ceiling, and also teased around the idea of the Trump administration introducing a “de minimis” tariff level, which would see US companies find some breathing room on tariffs up to a certain level of imports. Key…
AUD/USD falls with Trump’s tariff threats and robust US labor data fueling gains in the US Dollar. US initial jobless claims drop significantly, underscoring the labor market’s strength. Australian inflation data shows slight increase but fails to boost the Aussie as traders awaited FOMC minutes. The Australian dollar posted losses of over 0.40% against the…
The UK supreme court has issued a historic and definitive ruling that the terms “woman” and “sex” in the Equality Act refer only to a biological woman and to biological sex. In a decision that delighted gender-critical activists, five judges ruled unanimously that the legal definition of a woman in the Equality Act 2010 did…
The currency pair is set for the next bull trend.Sellers remain dominant in the market at the moment. USDJPY Weekly Price Analysis – September 13 After completing the lows, the USDJPY pair may increase to the upside soon, as the coin price is set for the next bull trend. The pair has been displaying a…