Forex (SPOT)Premium

EURUSD: Weekly Analysis & Forecast update

Prices paid to US producers extended their retreat in December, prompting traders to increase bets on how aggressively the Federal Reserve will cut interest rates this year.

πŸ”΄ The producer price index for final demand decreased 0.1% for a third straight month β€” the longest streak since 2020 β€” while the so-called core PPI that excludes food and energy was little changed for a third month, Labor Department data showed Friday. On an annual basis, the core gauge rose 1.8%, the smallest advance since the end of 2020.

βœ…Β  RegisterΒ or Login.

Related posts

AUDUSD: Daily Analysis update & Forecast


Sandbox ($SAND): Analysis & Forecast Updates


GOLD: Intraday Analysis & Short Term Forecast


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More