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The GBP is the strongest and the AUD is the weakest as the NA traders enter for the day

The GBP is the strongest and the AUD is the weakest as the North American traders enter for the dayToday will be highlighted in the North American session by the PCE data in the US. Core PCE year on year is expected to decline to 4.2% from 4.6%Core PCE MoM is expected at 0.2% versus 0.3% last monthPCE last month increase by 0.1% while YoY came in at 3.8%The core PCE is the Fed's favorite measure of inflation. This week the Federal Reserve raised rates by 25 basis points. The Fed chair emphasized... Read More

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Posted: Jul 28 2023, 12:11

Author Name: forexlive

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