search

An incredible cashback rate!
40% of the spread!

Join Now

All eyes are on whether the U.S. CPI will come in below the market forecast of 7.3%

Market Report

  1. homeHOME
  2. Market Report
  3. All eyes are on whether the U.S. CPI will come in below the market forecast of 7.3%

All eyes are on whether the U.S. CPI will come in below the market forecast of 7.3%

13.12.2022

Today's Highlights
  1. ZEW Economic Sentiment Survey (Europe)
  2. U.S. NFIB Small Business Optimism Index

In the U.S. currency market yesterday, a wait-and-see mood prevailed ahead of today’s Consumer Price Index (CPI) release. The euro/dollar pair traded in a range between 1.0505 and 1.0580, ending the session in a stalemate against the euro.Furthermore, during today’s Asian trading session, the market direction remains unclear, with traders awaiting the release of the U.S. CPI. Market expectations for today’s U.S. CPI year-over-year figure stand at 7.3%, so attention will be focused on whether the actual result comes in below this level.

Among European currencies, the euro-pound pair showed a slight downward trend. The euro-pound fell from 0.8618 to 0.8573 and is trending lower on the 4-hour chart, with its upside capped by the 75-period moving average.With the German ZEW Economic Sentiment Survey scheduled for release today and market expectations at -27.0, it will be worth watching closely to see if the results exceed market expectations and trigger a rebound in the euro.

Today, at 16:00 European time, the UK unemployment rate, the German Consumer Price Index, and Turkey’s industrial production figures will be released; at 19:00, the German ZEW Economic Sentiment Survey and the Eurozone ZEW Economic Sentiment Survey will be released; and at 19:30, the UK’sthe BOE Financial Stability Report, at 20:00 UK time a press conference by BOE Governor Bailey and the US NFIB Small Business Optimism Index, and during US trading hours at 22:30 the US Consumer Price Index, followed by a US 30-year Treasury auction at 27:00.We will be watching closely to see if the U.S. CPI falls below 7.3%.

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

Should We Be on Alert for Pound Fluctuations Following the Release of U.K. Economic Indicators?

Next Article

Will the U.S. Dollar Find a Clear Direction at the FOMC Meeting, or Will It Remain Stable?
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