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Tag: U.S. inflation


News

Gold Prices on the Rise, Confluence Resistance in Sight. What Now for XAU/USD?

February 20, 2024

Via: DailyFX

Gold (XAU/USD) rose for the fourth straight session on Tuesday (+0.50% to $2,027), firmly establishing itself above the $2,025 mark, supported by declining U.S. Treasury yields and a subdued U.S. dollar, with risk-averse sentiment on Wall Street likely reinforcing the […]


Finance Tech, Trading

US futures point higher, adding to Thursday’s huge gains

November 11, 2022

Via: ABC News

Wall Street pointed higher in premarket trading Friday, adding to the hefty gains from a day earlier when government data showed that U.S. inflation eased more expected, spurring hopes the Federal Reserve might scale down plans for more interest rate […]


Finance Tech, Liquidity

Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

September 15, 2022

Via: DailyFX

XAU/USD FUNDAMENTAL BACKDROP Gold looks to test July swing lows today after yesterday’s U.S. inflation ‘hangover effect’ seems to have dissipated. The U.S. dollar is bid once more weighing negatively on bullion due to renewed market anticipation of a large […]


News

U.S. inflation rises 9.1% in June, more than expected, as prices keep climbing

July 13, 2022

Via: NBC News

The Consumer Price index, which measures changes in the cost of a basket of goods, jumped 1.3% in June compared to the 1% increase in May — a sign that inflation kept burning hot last month. Compared to one year […]


News

Import prices rise in November due to oil, but they still aren’t adding to U.S. inflation

December 13, 2019

Via: Market Watch

The numbers: The cost of imported goods rose in November at the fastest pace in six months, but the increased was tied entirely to oil and unlikely to add much pressure to U.S. inflation. The import price index advanced 0.2% […]