The Producer Price Index (PPI) measures the change in prices of goods sold by producers. This index is the consumer price inflation index, which accounts for most of inflation. A release of higher than expected numbers should be considered positive/bullish
There is not much economic data released in next week’s calendar, but the main ones that have made traders curious are the possible continuation of the interest rate cut process by the BoJ and the meeting of the members of the Central Bank of Canada.
After the release of the consumer price index of the United States and after the expectations of a 25% increase in interest rates last week, traders had no hope for the growth of the dollar, and the sell orders and its supply in the market led to a decline in
what you read here:1 Important levels next week EURUSD2 EURUSD Fibonacci Pivot Point Level3 Pivot Meter:3.1 EUR Pivot Meter 4H3.2 EUR Pivot Meter Daily Last week, the price was in an uptrend to the level of 1.08681. The uptrend channel of this currency pair
The Australian Consumer Price Index (CPI) measures changes in the prices of goods and services from the perspective of consumers. This index is an important indicator for measuring changes in purchasing power and inflation.A report of a value that is higher
Different things happened to the euro last week. At one point, EUR/USD fell by as much as 2%. If this downward trend continues, we can say that it will be the worst week for this important currency since mid-September. However, on Friday, the euro recovered
what you read here:1 How does the interest rate affect economic conditions?2 What is the reason for interest rate change and fluctuation?3 Why does the Federal Reserve cut interest rates? The Federal Reserve interest rate, also known as the federal funds
According to a U.S. Department of Energy spokesperson, the U.S. Department of Energy in February rejected initial proposals from oil companies to resupply the nation’s emergency crude oil stockpile. The website DOE had announced last month that it would