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About: anakin
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The Pound Sterling holds steady around 1.2600 versus the US Dollar amid easing US inflation.
GBP steady around 1.2600 as USD stabilises. Core PCE inflation declines, impacting Federal Reserve policy and interest rates.
US stocks anticipate slight pre-market increases, despite ongoing Nvidia declines and Trump-related uncertainties lingering.
US stocks set to rise slightly despite Nvidia’s decline; S&P 500 futures up 9 points after losses.
The EUR/USD pair climbs towards 1.0410 following a modest rise in German HICP inflation.
EUR/USD rises to 1.0410 after US PCE data; German HICP exceeds expectations; support at 1.0285, resistance 1.0530.
Wholesale inventories in the US rose by 0.7%, against an expected decline of 0.5%.
US advance wholesale inventories rose 0.7% instead of falling 0.5%, raising concerns about tariff-related stockpiling.
The US Bureau of Economic Analysis will release January’s PCE Price Index data at 13:30 GMT.
US inflation fell to 2.5% in January; core PCE rose 2.6%. USD strengthened against NZD by 2.46%.
