The U.K. Consumer Price Index (CPI) increased to 2.3% year-over-year in October, surpassing expectations of 2.2% and rising from 1.7% in September. This brings inflation back above the Bank of England’s 2%…
Category: Forex
Trade Management Case Study: EUR/GBP to Move Lower After Hot U.K. CPI?
Today’s stronger-than-expected UK CPI print potentially sets up EUR/GBP for continued downside movement in the short-term. With headline inflation jumping to 2.3% versus 2.2% expected, and core measures also running hotter…
4 Ways Emotions Can Improve Trading Decisions
Trading psychology books and blogs often talk about the need to “remove” emotions from decisions to get more consistent trading results. But can you really remove emotions from decision making? University of…
Chart Art: Is the Trend Still Our Friend on USD/CHF?
It looks like USD/CHF is in correction mode on its uptrend, but will these support zones still be able to keep losses in check? Here’s what I’m seeing on the 4-hour chart….
Daily Broad Market Recap – November 19, 2024
With few big reports to price in, the U.S. dollar struggled as escalating Russia-Ukraine tensions initially lifted demand, but falling Treasury yields and weak U.S. housing data erased gains. Gold and crude…
Canada’s Inflation Returns to 2.0% in October After September Dip
Canada’s headline inflation rate bounced back in October, with the Consumer Price Index (CPI) rising to 2.0% year-over-year, up from September’s three-year low of 1.6%. Turned out, the return to the Bank…
Trade Management Case Study: CAD/CHF to Move Higher?
Today we saw a stronger-than-expected Canadian CPI print, potentially setting up CAD/CHF for a continued upside move in the short-term. With headline inflation jumping to 2.0% versus 1.9% expected, and core…
Event Guide: U.K. CPI Report (October 2024)
We’ve got a fresh batch of inflation figures from the U.K. on this week’s docket! Will the CPI report support the Bank of England’s (BOE) gradual easing approach? Or will rate…
Chart Art: Area of Interest Holding on EUR/CAD?
Missed the range breakdown on EUR/CAD? The pair seems to be in the middle of a correction to the area of interest, but will it keep holding? Take a look at these…
FX Watch: Cooler UK CPI Could Trigger Bearish Moves in GBP/JPY and GBP/NZD
All eyes will be on the latest U.K. CPI reports that may hint at the Bank of England’s (BOE) policy decision in December. Our Event Guide for the U.K. October CPI…