search

An incredible cashback rate!
40% of the spread!

Join Now

Will the U.S. CPI drop from 8.5% to 8.1%? This is worth watching.

Market Report

  1. homeHOME
  2. Market Report
  3. Will the U.S. CPI drop from 8.5% to 8.1%? This is worth watching.

Will the U.S. CPI drop from 8.5% to 8.1%? This is worth watching.

13.09.2022

Today's Highlights
  1. U.S. Consumer Price Index
  2. UK Employment Statistics

In yesterday’s U.S. currency markets, the U.S. dollar faced resistance as expectations grew that the U.S. CPI—scheduled for release today—would have peaked, fueling speculation that the pace of monetary tightening would ease. The GBP/USD pair rose by about 110 pips yesterday and continues to rebound along the 20-period moving average on the hourly chart.Today’s U.S. CPI is forecast to come in at 8.1% year-over-year, so we will be watching closely to see if it comes in below market expectations.

European currencies saw the euro rise across the board following the withdrawal of Russian troops from Ukraine. The euro/yen pair rose by more than 2 yen yesterday and is currently trading around 144.345.From a technical perspective, the euro/yen pair is trading just below the 10-period moving average on the 4-hour chart, and with RSI divergence evident, traders should be wary of a potential decline as U.S. trading hours approach.

Today’s schedule includes the UK Employment Report and the German Consumer Price Index at 15:00 during Asian trading hours, followed by Swiss Producer and Import Prices at 15:30; during European trading hours, Turkish Industrial Production at 16:00, the German ZEW Economic Sentiment Index and the Eurozone ZEW Economic Sentiment Index at 18:00,at 19:00 the U.S. NFIB Small Business Optimism Index; during U.S. trading hours at 21:30 the U.S. Consumer Price Index; at 26:00 the U.S. 30-year Treasury auction; at 27:00 the U.S. budget balance; and at 7:45 the following day New Zealand’s second-quarter current account balance.We will be watching closely to see if the U.S. CPI falls from 8.5% to 8.1%.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Will the Swiss franc, which has been gaining strength, continue its rally during European trading hours?

Next Article

Will the UK Consumer Price Index match the market forecast of 10.2%?
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours).

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for 4 hours.

Return to Notification Settings