USD edges marginally lower ahead of the December Consumer Price Index (CPI) report.
Blogs
US CPI Data Forecast: Headline inflation expected to tick up in December, core pressures to decline further
The high-impact US Consumer Price Index (CPI) inflation data for December will be published by the Bureau of Labor Statistics (BLS) on Thursday at 13:30 GMT.
Pound Sterling Price News and Forecast: GBP retreats from weekly high ahead of US CPI, UK factory data
GBP/USD went into a consolidation phase above 1.2750 early Thursday after closing in positive territory on Wednesday.
Natural Gas sinks ahead of US CPI print
Natural Gas (XNG/USD) is sinking near 2.7% ahead of US inflation figures, with traders not buying into geopolitical tensions and winter in the Northern Hemisphere. While Israel is facing tribunal repercussions from a possible genocide accusation
US Dollar mixed ahead of US CPI print
The US Dollar (USD) is holding its head above 102 for now, though traders and markets are shouting that it will sink lower this Thursday.
EUR/USD: Charts suggest a bearish rejection – Scotiabank
EUR/USD tests 1.10 area. Economists at Scotiabank analyze the pair’s outlook.
Gold Price Forecast: XAU/USD may not sustain levels above $2,000 – HSBC
Gold hit a new high in December 2023 and has remained well above $2,000 per ounce so far this year.
Mexico Industrial Output (YoY) below forecasts (4.8%) in November: Actual (2.8%)
Mexico Industrial Output (YoY) below forecasts (4.8%) in November: Actual (2.8%)
Brazil IPCA Inflation registered at 0.56% above expectations (0.48%) in December
Brazil IPCA Inflation registered at 0.56% above expectations (0.48%) in December
Mexico Industrial Output (MoM) declined to -1% in November from previous 0.6%
Mexico Industrial Output (MoM) declined to -1% in November from previous 0.6%