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Markets rise on positive US statistics

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    US stocks closed higher on Thursday after the upbeat US price and jobless claims data were released yesterday easing concerns about the strength of the US economy. The core consumer price index (excluding food and energy costs) surprisingly rose 0.2% in September boosting the year-on-year gain to 1.9%, thus improving expectations of the early rate hike by the Fed. The US dollar index, a measure of the greenback’s strength against a basket of six major currencies was up by 0.1% at 94.454 failing

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