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Tuesday, February 11, 2025

American Market Recap: More on what to watch for in Wednesday's US CPI report

More on what to watch for in Wednesday's US CPI report

US core CPI y/y I wrote yesterday about the big seasonal adjustments in the January CPI report. Today, Nick Timiraos at the WSJ expands on the same theme, noting that the January report is particularl... 

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Fed's Williams: US to grow by around 2% this year and next

Monetary policy well-positioned to achieve Fed goals Modestly restrictive policy should return inflation to 2% Inflation to hang around 2.5% this year and fall to 2% next year Fed has made significant... 

NZDUSD and AUDUSD head into the Asian Pacific session near resistance targets

Both NZDUSD and AUDUSD tested key resistance levels toward the end of the U.S. session. NZDUSD: The pair reached a high of 0.56597 , aligning with the downward-sloping 100-hour moving average , which... 

Crude oil settles up $1.00 at $73.32.

Crude oil futures are settling up one dollar at $73.32. The price rallied to one-week highs, supported by a weaker dollar and supply concerns stemming from U.S. sanctions on Russian crude production.... 

US dollar takes a quick dive

The US dollar has taken a quick move lower and it's not clear why. EURUSD 10 mins The usual spots aren't indicating any news so there is some head-scratching going on. It's not often you see a stop-dr... 

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Latest Forex Orders

FX option expiries for 11 February 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . They are all for EUR/USD layered in between 1.0275 through to 1.0320. The expiries don't tie it with any major technical levels,... 

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