USD/CNH Flat as Chinese Consumer Inflation Rises for Third Straight Month
The Chinese yuan was little changed in Asian trading after the world’s second-largest economy reported the fastest pace of inflation in nearly three years in…
Posts Tagged: CPI
US Dollar Index (DXY) Slips Ahead of November Jobs Report
The US dollar slipped ahead of the highly anticipated November jobs report. The greenback has come under pressure this month on expectations that the Federal…
US Dollar Keeps Strength Intact as Wall Street Digests Cooler-Than-Expected Inflation
The US dollar maintained its recent strength as the trading week closed. Wall Street was entirely focused on new inflation data following almost a month…
USD/CAD Falls After Canada’s Inflation Rate Eases, Creates Complicated Picture for Bank of Canada
The Canadian dollar strengthened against its US counterpart on Tuesday after Canada’s inflation rate slowed. The loonie has gained about 3% against the buck, but…
Gold Retreats to $2,900, Records Seventh Straight Weekly Gain
Gold futures plummeted on Friday but they were still on track for the seventh straight weekly gain on investors seeking safe-haven demand amid turmoil in…
Crude Oil Plunges on Surprise US Supply Build, Flat OPEC Forecasts
Crude oil futures slumped below $72 in the middle of the trading week after a third straight weekly build in US inventories. Oil prices have…
Gold Soars to New All-Time High as Trump Tariff Threats Boosts Safe-Haven Demand
Gold soared to a fresh all-time high to start the trading week as the financial markets braced for another announcement from President Donald Trump to…
Loonie Strengthens As Higher Inflation Trims Bank of Canada Rate-Cut Expectations
The Canadian dollar strengthened against its US counterpart on Tuesday after the annual inflation rate rose to a higher-than-expected level in October. The loonie has…