EURUSD Analysis

Performance
Period Pct Chg Momentum
Friday -0.12% -12.8 Pips
Week 2024-09-13 -0.12% -13.5 Pips
September -0.06% -6.7 Pips
Upcoming key events for the new week (London Time)

Tue 01:30 PM Monthly Retail Trade (1-mth)
Wed 07:00 PM Fed Interest Rate Decision (Federal Funds Rate)
Wed 07:00 PM Interest Rate Projections
Thu 01:30 PM Initial Unemployment Insurance Claims

What happened over the week

In the United States, the Index of Consumer Sentiment rose to 69 points in September from 67.9 points in August, according to the University of Michigan. Initial Unemployment Insurance Claims for the week ending 07 September increased to 230,000 from the previous 228,000, which was revised up from an initial 227,000 report by the Department of Labor. The Producer Price Index (PPI) for August showed a 1.7% annual increase, a decrease from the revised 2.2% in July, while the monthly PPI rose by 0.2% compared to 0.1% in the previous month, according to the Bureau of Labor Statistics. Additionally, the Consumer Price Index (CPI) inflation rate remained steady at 0.2% for August, with the annual rate decreasing to 2.5% from 2.9% in July, also reported by the Bureau of Labor Statistics.