INFLATION & USD, Explain in 7 Minutes l Weekly market analysis
The video will tell you what is inflation.
1: Measure of inflation : the difference of CPI and PCE
CPI - Consumer price index
PCE - Personal Consumption Expenditure Price Index
Dual mandate of Fed : 1 (2% inflation target , 2) full employment
Why Fed is using PCE instead of CPI to gauge the 2% inflation target ?
Tables showing you the updated CPI & Core CPI , PCE & core PCE trend
Last week market recap : weaker than expected CPI
It is true inflation is coming off last month but the number is indeed still at very high level.
Perhaps it is unlikely that Fed will halt its tightening cycle so fast so soon as market is now expecting.
Last week currencies movement summary table, covering currencies EUR GBP AUD NZD USD CAD CHF JPY HKD
and the USD Index (DXY)
Charts of the USD Index and different currencies outlook with trading range, resistance, support and target levels
Major focus this week : the GBPUSD
There will be UK inflation and new Chancellor Jeremy Hunt Fiscal policy statement
Next week economic calendar with last number and forecasting figures
Disclaimer :
All information here are extracted from public media and web pages and are only for interests reference. They may be subject to mistakes and incorrectness and these informations are by no means to be regarded as any investment advices or ideas.
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#EUR #GBP #AUD #NZD #CAD #CHF #YEN #JPY #HKD #SGD #CNH #CNY