USD/JPY 160 is back in focus: the pair is trading just under 160 again, the level where Japan has already stepped in twice this year. On 12 November, Atsushi Mimura, Japan's vice...
Assets that pay no interest took the hit when the inflation report raised the odds of higher US rates.
What moved
Gold: fell about 2.6% on the day, then recovered to around $4,031...
The US dollar extended its rally after the inflation report, with the dollar index reaching its highest level since April 2025.
Where the majors stand
Pair / index
Level
Move
Note
Dollar index (DXY)
102.90
+0.68%
Highest...
US consumer prices rose faster than expected in October, and markets responded by pricing a Federal Reserve rate hike in December as close to certain.
The numbers
Headline CPI: +0.4% month on month,...
Gold finished the week near $4,070 an ounce, up more than 4%, its strongest weekly gain since August. A weaker dollar, falling yields and a sharp drop in oil did the work....
Tech stocks had their worst day in months on Thursday, November 5, as fears of tougher rules on AI data centers hit chip makers hardest. The Nasdaq Composite fell 5.52% and the...
USD/JPY 160 is back in focus: the pair is trading just under 160 again, the level where Japan has already stepped in twice this year. On 12 November, Atsushi Mimura, Japan's vice...
Assets that pay no interest took the hit when the inflation report raised the odds of higher US rates.
What moved
Gold: fell about 2.6% on the day, then recovered to around $4,031...
The US dollar extended its rally after the inflation report, with the dollar index reaching its highest level since April 2025.
Where the majors stand
Pair / index
Level
Move
Note
Dollar index (DXY)
102.90
+0.68%
Highest...
US consumer prices rose faster than expected in October, and markets responded by pricing a Federal Reserve rate hike in December as close to certain.
The numbers
Headline CPI: +0.4% month on month,...
Gold finished the week near $4,070 an ounce, up more than 4%, its strongest weekly gain since August. A weaker dollar, falling yields and a sharp drop in oil did the work....
Tech stocks had their worst day in months on Thursday, November 5, as fears of tougher rules on AI data centers hit chip makers hardest. The Nasdaq Composite fell 5.52% and the...
The Topstep Trading Combine is a paid, simulated evaluation. You trade a practice account, reach a profit target without breaking the loss rules, and, if you pass, move to an Express Funded...
October's CPI report arrives on Tuesday, November 10, at 8:30 a.m. ET, which is 7:00 p.m. in India. It is the last inflation reading before the Federal Reserve meets on December 8...