Coming Soon

Update-August CPI

September 11, 2020 by Mario Soto

The Consumer Price Index (CPI) numbers for August came in lower than the previous month from 0.6% to 0.4%. On a yearly basis CPI rose from 1 to 1.3%. The dollar Index has had mixed reactions to the result. Currently trading around 93.00, it has made some modest ground as it bounced off 92.7. But it hold on by a thread as it hovers around strong technical levels. A drop below 93.00 could see DXY trade to the weekly low of 992.70. Resistance is stong at 93.65  

Interested in expanding your knowledge about our services

Interested in expanding your knowledge about our services

Whether you’re just getting started or looking to sharpen your skills, our eBooks are designed to help you dive straight in to the world of forex trading. Learn everything from basic to more advanced techniques and much more. Simply fill out the form below to get access to your FREE ebook Now!