Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Forex Market Commentary By TitanFX
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="titanfx, post: 86621, member: 33464"] [b]Dollar Rockets Higher Post US CPI[/b] [B]Key Highlights[/B] • US Dollar gained a lot of bids after a flurry of releases in the US and Canada. • Canadian Consumer Price Index (CPI) published by the Statistics Canada posted an increase of 0.2% in June 2015, compared with the forecast of 0.3%. • In the US, the Consumer Price Index released by the US Bureau of Labor Statistics registered an increase of 0.1% in June 2015, which was in line with the market forecast. [B]US Consumer Price index[/B] Earlier during the NY session, the US Consumer Price Index, which is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services was released by the US Bureau of Labor Statistics. The forecast was lined up for an increase of 0.1% in June 2015, compared with the same month a year ago. The outcome was in line with the forecast, which was a positive sign for the USD bulls. In terms of the monthly change, the US CPI gained by 0.3%, which was a bit lower when compared with the last rise of 0.4%. [IMG]http://s24.postimg.org/x71vjmp5h/US_CPI.png[/IMG] The report mentioned that the “energy index rose for the second straight month as the indexes for gasoline, electricity, and natural gas all increased. The food index posted its largest increase since September 2014, partly due to a sharp increase in the eggs index“. Moreover, the US core CPI rose 1.8% in June 2015, compared with June 2014 which was also in line with the forecast. ------------------------------------------- [B][I]Posted by Aayush Jindal - 'Titan FX Currency Analyst'[/I][/B] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…