US Dollar Eyes Growth and PCE Data

View this email online. US Dollar Eyes Growth and PCE Data  Wall street will be on edge this week ahead of a high-impact event on the U.S. calendar on Thursday: the release of core PCE data, the Fed’s preferred inflation indicator.     READ MORE Market Analysis The MSCI Asia Pacific Index eased at the start of the week after US markets closed slightly in the red on Friday.  READ MORE The British Pound continues to edge higher against the United States Dollar as a new trading week kicks off, as it has done for the past eight sessions. READ MORE A number of prominent Fed officials voiced their opinions of the US economy, inflation and the timing of the first interest rate cut in what would be the next phase of central bank monetary policy after holding rates above 5%. READ MORE A spot Ethereum ETF is the latest talk of the market, and the anticipation is building on whether - if approved - it could replicate the success of its Bitcoin counterparts. READ MORE Every market has a spread and so does forex. A spread is simply defined as the price difference between where a trader may purchase or sell an underlying asset. READ MORE The 200 day moving average is a technical indicator used to analyze and identify long term trends READ MORE Trading Skills Enhancement TRADING EDUCATION Learn to trade with DailyFX and take your trading knowledge and confidence to the next level. Whatever your trading experience is, our expert analysts and market writers can help you navigate a range of market conditions and trading styles, setting you on the road to consistent trading. Our online education is divided into three sections according to experience level   LEARN MORE TRADING TOOLS View current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish with IG Client Sentiment.   LEARN MORE Use our economic calendar to explore key global events on the horizon that could subtly shift or substantially shake up the financial markets.   LEARN MORE CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Kind regards DailyFX dailyfx.com Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom, EC4R 2YA. Trading financial instruments, including leveraged foreign currencies, carries a high degree of risk and your losses may exceed your deposits. Trading is not suitable for all. You should carefully consider whether trading is right for you in light of your investment experience and financial resources. Past performance is not indicative of future results. This commentary is for general informational purposes and does not constitute advice or a solicitation. While DailyFX has taken reasonable measures to verify the accuracy of the information herein, DailyFX makes no guarantee as to its accuracy or completeness. This information is subject to change at any time without notice. DailyFX is not liable for any loss or damage which may arise from the use of any information in this commentary. Please read the full Risk Disclosure, as well as our Privacy Policy. You received this email because of your relationship with DailyFX. To manage your preferences or unsubscribe from our marketing communications click here.   © 2024 IG