Tag: Hot

Asia FX Slammed by Recession Jitters, Yen Slips Past 150 on Hot CPI By Investing.com

By Ambar Warrick Investing.com-- Asian currencies fell sharply on Friday, with the Japanese yen hitting a new 32-year low against the dollar as a spike in Treasury yields and growing fears of a...

Bullish Bias Intact as Hot CPI Will Keep Fed on Hawkish Path

US DOLLAR OUTLOOK: BULLISHThe U.S. dollar, as measured by the DXY index, registers another positive week, supported by higher Treasury ratesBond yields surge on hotter-than-expected inflation U.S. CPI dataStubbornly high inflationary pressures will...

Consumer inflation seen to have run hot in September, boosted by rent

Stoked by rising rent costs, consumer inflation is expected to have remained hot in September but slightly lower than August's pace.The consumer price index will be released Thursday at 8:30 a.m. ET, and...

US Inflation at 8.2%, Dollar and S&P 500 on Diverging Paths on Hot CPI

SEPTEMBER INFLATION KEY POINTS:September U.S. inflation rises 0.4% on a monthly basis, bringing the annual rate to 8.2% from 8.3% in August, topping expectationsCore CPI climbs 0.6% month-over-month and 6.6% compared to one...

EURUSD Climbs Following Hot German Inflation Print – PCE to Follow Suit?

EURUSD - Talking PointsEURUSD fails on first test of 0.9800 after breaking out of wedgeGerman inflation data reaches double digits, ECB rate hike bets soarUS PCE data for August crosses the wires Friday Recommended...

Jobs report expected to run hot and that could lead to aggressive Fed

A "We're Hiring" sign is posted at a Target store on August 05, 2022 in San Rafael, California.Justin Sullivan | Getty ImagesJob growth in August likely slowed from July's frenzied pace, but it...

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