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img-2 US Inflation Jumps to 3.8%, Hits Two-Year High The US consumer price index (CPI) climbed 3.8% year-on-year in April, up sharply from the 3.3% gain in March and just above the market estimate of 3.7%.
Despite the short-term bearish trend, the pair remains near a 3-year high, but has traded without much direction for several days, making prediction challenging.
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Forex Today: US Inflation Overshoots Expectations at 3.8%

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Higher US Inflation Sends Stocks Lower, US Dollar Higher; Slowing of Iranian Oil Exports at Kharg Island Noted, Trump Mulls Resuming Strikes; Wheat Breaks to Long-Term High; Trump asks Xi to "Open Up" China
img-4 GBP/USD Forex Signal: Strong Levels at Range Extremes This currency pair has no trend or any real direction, indicating traders will likely be looking to trade reversals at either end of the dominant range.
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How Does Islamic Forex Trading Differ from Conventional Trading?

Islamic financial principles govern every aspect of commercial transactions, including Forex trading. As such, many Forex brokers offer “Islamic accounts,” also known as “swap-free accounts,” specifically designed to comply with Islamic finance.
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Free Forex Trading Signals & Analysis Get the latest Forex news and analysis

At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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News by our Chief Analyst

Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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