The USD/JPY pair is facing resistance after reaching the 143.00 level, with BoJ Tamura's hawkish comments boosting the JPY and putting pressure on the pair. Despite a slight increase in
In August, China's Consumer Price Index (CPI) rose to 0.6% year-on-year, slightly below the market's forecast of 0.7% (Bloomberg est: 0.7%; Jul: 0.5%). The increase was primarily driven by a
After last week's deep dive into the state of the US labor market, all eyes are now on inflation. The US Dollar (USD) took a hit yesterday with the release
The Dow Jones Industrial Average (DJIA) experienced a significant rally on Tuesday, gaining 300 points following a more-than-expected easing of US Producer Price Index (PPI) inflation in July. This positive
The Mexican Peso (MXN) remained stable on Tuesday, hovering around 19.00 after a slight decline against the US Dollar. Despite an increase in headline inflation, the Bank of Mexico (Banxico)
The USD/CAD pair is facing more downside pressure near 1.3730 as the US Dollar weakens in response to a soft Producer Price Index (PPI) report for July. This decline is
The Silver price (XAG/USD) is under pressure in the American session on Tuesday, even though the US producer inflation remained soft in July. The core Producer Price Inflation (PPI) in
According to UOB Group economist Ho Woei Chen, headline inflation saw a significant increase in July, marking the fastest growth in 5 months. However, the lower core and services inflation
The USD/JPY pair has soared to nearly 148.00 during the European trading session on Tuesday. This increase in value comes as the Japanese Yen weakens due to a significant drop
The latest data from the US Bureau of Labor Statistics revealed that the Producer Price Index (PPI) for final demand in the US increased by 2.2% on a yearly basis