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In focus today In the US, the Conference Board’s consumer confidence survey for March will be released. Earlier, a similar preliminary survey from the University of Michigan showed a clear weakening in consumer confidence due to political uncertainty. NY Fed’s Williams will give remarks in the afternoon. In Germany, we will receive the IFO growth […]

The post Focus on US Consumer Confidence appeared first on Action Forex.

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Navigating the US Dollar (DXY): Tariffs, Data, and Technicals

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14/01/2025

US Inflation: PPI, CPI Release Dates, DXY Analysis & Market Impact

The US Dollar Index (DXY) is awaiting US inflation data (PPI and CPI), with PPI data releasing on Tuesday, January 14, and CPI on Wednesday, January 15. Tariff rumors from the Trump team have caused a pause in the US Dollar’s rise. Key support for the DXY is at 109.57, with resistance at 110.00; a […]
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WTI Crude Oil Wave Analysis

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17/10/2024

ECB Review: A Rate Cut – and Awaiting More Data

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