The Michigan Inflation Index is a widely used metric that measures changes in consumer prices for a basket of goods…
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Education & Training
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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Impact of today’s US (NFP) data on the gold pair
Today’s higher US (non-farm payrolls) data has significant implications for the gold pair. The NFP report measures the number of…
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Impact of ECB Interest Rate Decision on EURUSD – 6-6-2024
On 6-6-2024, the European Central Bank (ECB) announced a 25bps rate cut to the interest rate, marking a significant development…
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