Browsing Tag

inflation

The CPI or the Consumer Price Index is the economic release every currency trader must monitor. Called inflation, the CPI tracks the price changes over a given period. It typically refers to all goods and services in an economy, and it is part of every central bank’s mandate. Entire monetary ...

Euro / Japanese Yen (EUR/JPY) extended downside movement on Monday ahead of very crucial inflation data about Eurozone, the pair is currently battling 50% fib level resistance, if the inflation data up beats expectations, the pair might break this major resistance level to resume the uptrend. ...

AUD/CAD is facing rejection near a major resistance zone; the pair might start retracement from current levels as per price action analysis, failing to which will be very bullish for the pair. At the time of writing, the pair is being traded near 1.0000 which is a psychological level and a ...