The Fed can remain in no rush to raise rates: its favorite inflation measure is not going anywhere fast: only 0.1% m/m. The upside is that y/y, the figure remains unchanged at 1.7%. This is still below the 2% target but not too terrible. Personal income rises 0.2%, slightly better than expected, and personal spending is up 0.1%, as expected, but on top of a significant downwards revision. The goods trade balance comes out at a deficit of 62.9 billion, as expected. The US dollar ticks a few pips down. It is important to remember that the trading volume is still low due to the Easter holiday in many markets. The US released a bulk of figures: the core PCE price index, which is the Federal Reserve’s most important inflation measure, was expected to rise by 0.2% m/m in February, slower than 0.3% in January. Year over year, we had 1.7% last time. Both personal income and personal spending carried expectations for +0.1% m/m after 0.5% beforehand, before revisions. Currencies hardly moved before the publication, as many traders still enjoy the Easter holiday. Just before the weekend, and as many traders were already away, the US released the final read of Q4 GDP. It beat expectations with 1.4%, better than 1% previously estimated and expected. However, the downside is that with slow growth in Q1 2016, it is becoming harder to see the momentum in the world’s No. 1 economy. We will later hear some news about the housing sector: pending home sales are due. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Light trading for the Easter Monday Anat Dror 6 years The Fed can remain in no rush to raise rates: its favorite inflation measure is not going anywhere fast: only 0.1% m/m. The upside is that y/y, the figure remains unchanged at 1.7%. This is still below the 2% target but not too terrible. Personal income rises 0.2%, slightly better than expected, and personal spending is up 0.1%, as expected, but on top of a significant downwards revision. The goods trade balance comes out at a deficit of 62.9 billion, as expected. The US dollar ticks a few pips down. It is important to remember that the trading volume is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.