What will happen to GBP/USD if the UK surprises with higher CPI?
What will happen to GBP/USD if the UK surprises with higher CPI? US released its August CPI report. The headline was 8.3% YoY and expectation of 8.1% YoY and a July reading of 8.5% YoY. Headline inflation is decreasing. However, the Core CPI print for August was 6.3% YoY vs an expectation of 6.1% […]
Upcoming Market Updates: NZD, JPY, GBP, EUR , USD
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: NZD, JPY, GBP, EUR , USD NZD: Current Account, it measures Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter. JPY: Core Machinery Orders m/m, it measures Change in the total value of new private-sector purchase orders placed with manufacturers for […]