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MORNING BRIEFING - USA/Asien -2-

MORNING BRIEFING - USA/Asien -2-
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

January Income, Spending, PCE In Line With Forecasts, USD Steady

January Income, Spending, PCE In Line With Forecasts, USD Steady 2021-02-26 13:30:00 Izaac Brook, January Income, Spending, PCE and USD Talking Points: YoY PCE and Core PCE both printed at 1.5%, slightly above the 1.4% forecast. Personal Income printed at 10% vs. 9.5% forecast and Spending at 2.4% vs. 2.5% forecast. US Dollar continues to hold around weekly high following a volatile week of trade. Advertisement January Income, Spending, PCE Print In Line With Forecasts, Dollar Steady Economic data for the month of January printed broadly in-line or near its forecasts. YoY PCE numbers printed at 1.5%, remaining short of the Fed’s 2% target and putting the predictions of sharply higher inflation that have emanated throughout markets in recent weeks on hold. MoM PCE was slightly weaker than expected, printing at 0.3% vs. the 0.4% forecast.

MORNING BRIEFING - Deutschland/Europa -2-

MORNING BRIEFING - Deutschland/Europa -2-
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

GBP/USD Daily Forecast - British Pound Continues To Pull Back

GBP/USD Video 26.02.21. U.S. Dollar Gains Ground Against British Pound GBP/USD continues to pull back from recent highs and is trying to settle below the support at 1.3950 while the U.S. dollar is gaining ground against a broad basket of currencies. Advertisement Start Trading 75% of retail CFD investors lose money The U.S. Dollar Index is currently trying to settle above the resistance level at 90.30. If this attempt is successful, the U.S. Dollar Index will head towards the next resistance at 90.50 which will be bearish for GBP/USD. Today, foreign exchange market traders will have a chance to take a look at UK Nationwide Housing Prices data for February. Analysts expect that housing prices increased by 0.2% month-over-month. On a year-over-year basis, housing prices are projected to grow by 6.5%.

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