The release of two important economic indicators, the Good Jobless Claims and the Philadelphia Fed Manufacturing Index, has the potential…
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Impact on GBPUSD ahead of BoE rate cut decision today
The GBPUSD currency pair has been closely monitoring the upcoming Bank of England (BoE) rate cut decision today, on 20th…
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Breaking Down the Impact of Michigan Inflation on Gold – 14-6-2024
The Michigan Inflation Index is a widely used metric that measures changes in consumer prices for a basket of goods…
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Today’s major impact on gold due to US PPI data
Lower PPI (Producer Price Index) data has consistently been associated with an upward trend in the price of XAUUSD (Gold…
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The Impact of US Consumer Price Index and Federal Reserve Statement today on Gold
On 12th June 2024, the United States Consumer Price Index (CPI) decreased, while the Federal Reserve made a statement expressing…
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