What will happen?

Core PCE Price Index will be announced at 15:30 MT (GMT+3) on Friday, October 1.

The index is different from Core CPI as it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. This is rumored to be the Federal Reserve's favorite inflation measure.

Last time the result met the expectations, but GBP/USD rose, as the result was lower than the previous one.

How to trade on Core PCE Price Index?

If the Core PCE Price Index is greater than forecast, the USD is likely to strengthen against other currencies.

If the Core PCE Price Index is lower than forecast, the USD is likely to weaken against other currencies.

Instruments to trade: USD/CAD, USD/CHF, GBP/USD

Similar

12.02.2022 04:11

What will move the market on February 14-18?

Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!

29.01.2022 02:40

What will move the market on January 31-February 4?

The volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?

21.12.2021 00:00

The US Inflation Is in Focus Again

The United States will publish Core PCE Price Index on Thursday at 15:30 GMT+2.

20.12.2021 23:00

Final Opportunity for the CAD

Canada will post Retail Sales and Core Retail Sales on December 21, at 15:30 GMT+2.

13.12.2021 23:50

Bank of England’s Statement

The Bank of England will announce its policy statement on December 16, Thursday, at 14:00 GMT+2 (MetaTrader time). It will affect all the pairs with the British pound.

13.12.2021 23:30

Key Event for All Forex: Fed Statement

The US central bank, Federal Reserve, will announce its decision on further monetary policy on December 15 at 21:00 MT.

View all

What will happen?

Account opening