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Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception. The release of the April consumer-price index on Wednesday is poised to provide the biggest test yet of the rally that started this month when Federal Reserve Chair Jerome Powell swatted away worries that the central ...
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Euro was poised to mark a fourth-consecutive weekly rally ahead of the close on Friday with EUR/USD up more than 2% off the yearly lows. The advance takes the exchange rate into a major pivot zone with the monthly opening-range taking shape just below. Battle lines drawn on the Euro short-term technical charts heading into key US inflation data next week. ...
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