PCE

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I would be careful taking any signals from today's FX market moves but the US dollar dip after the PCE report is probably the right one.The key number from the report was the month-over-month core PCE reading. On the surface it matched the…

The question here is: Do you take comfort in the step down from January or do you worry that core inflation is still above 3%?One month annualized trimmed mean 3.4% vs 5.7% priorSix month 3.1% vs 3.0% prior12 month 3.1% vs 3.2% priorOne of…

Markets:Markets closed for Good FridayFX essentially unchangedA holiday throughout global markets usually makes for a quiet news day but that wasn't the case today with US PCE, Powell and some other odds-and-ends. The PCE report had…

US Dollar Index Price and AnalysisCore PCE at 2.8% in line with market forecasts.Dollar Index finding support from the 200-day simple moving average. Recommended by Nick Cawley Get Your Free USD Forecast For all…

The core PCE in the US was not so scary and that sent yields lower and the stocks higher. However, the USD is closing the day higher. US core PCE fell to 2.8% from 2.9%. The headline number declined to 2.4% from 2.6%. The three-month,…

Gold Price and AnalysisGold prices have topped $2050 for the first time since February 2Both headline and Core PCE inflation readings came in lower, as forecastHopes for lower rates in the year’s second half remain intactLearn how to trade…

A trader works on the floor of the NYSE in New YorkThomson ReutersUS stocks ended lower on Wednesday as traders anxiously wait for new inflation data.PCE inflation, the Fed's preferred measure, will be published on Thursday morning.The…

Most Read: British Pound Technical Analysis & Trade Setups: GBP/USD, EUR/GBP, GBP/JPYThe U.S. dollar edged higher today, but displayed measured strength amid subdued U.S. Treasury yields. A sense of caution permeated markets as traders…

US DOLLAR FORECAST – EUR/USD & GBP/USDThe U.S. dollar lacks directional conviction amid market caution ahead of a high-impact event on the U.S. calendar later this weekThursday's core PCE data release will seize investors’ focusThis…