{"id":80349,"date":"2024-04-10T11:08:32","date_gmt":"2024-04-10T08:08:32","guid":{"rendered":"https:\/\/ironfx-com-php8.wp-dev.int.theitops.net\/?p=80349"},"modified":"2025-12-17T16:21:13","modified_gmt":"2025-12-17T14:21:13","slug":"us-cpi-rates-due-out-today-3","status":"publish","type":"post","link":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/","title":{"rendered":"US CPI rates due out today"},"content":{"rendered":"\n<p>The US CPI rates for March are due to be released during today\u2019s American session. There appears to be a divergence between the headline CPI and Core CPI rate, with the headline CPI rate expected to showcase an acceleration in inflationary pressures in the US economy on a year-on-year basis, whereas the Core CPI rate is expected to showcase easing inflationary pressures on a yearly basis. The current market expectations are for the headline CPI rate to accelerate to 3.4% from 3.2% and for the Core CPI rate to ease to 3.7% from 3.8%. Should the rates come in as expected, they could potentially mitigate each other\u2019s potential impact on the dollar. However, should the headline CPI rate come in as expected or higher in addition to the Core CPI coming in higher than expected, it could provide support for the greenback, as it may pressure the Fed to adopt a more hawkish tone, thus implying interest rates remaining higher for longer and vice versa. Over, in Canada, the BoC\u2019s interest rate decision is due to take place today. CAD OIS currently implies a 81% probability for the bank to remain on hold with the rest being attributed to a potential cut. Such a scenario could provide support for the Loonie. In today\u2019s Asian session, the RBNZ remained on hold as was widely expected, keeping the official cash rate at 5.5%. In the bank\u2019s accompanying statement, it appears that policymakers appeared to be concerned about the risk of persistent inflationary pressures in the economy. As such the accompanying statement could be perceived as slightly hawkish in nature, which may have aided the NZD.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Busy Wednesday to rock the markets\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/ZRMIFT_MGwY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>On a technical level, US100 appears to be moving in a sideways fashion, having broken below our upwards moving channel which was incepted on the 31<sup>st<\/sup> of January. We continue to maintain a sideways bias for the index and supporting our case is the aforementioned breaking of our upwards moving channel, in addition to the RSI indicator below our chart which currently registers a figure near 50, implying a neutral market sentiment. For our sideways bias to continue, we would require the index to remain within the sideways channel formed by the 17800 (S1) support level and the 18500 (R1) resistance ceiling. On the other hand, for a bearish outlook, we would require a clear break below the 17800 (S1) support level, with the next possible target for the bears being the 17160 (S2) support level. Lastly, for a bullish outlook we would require a clear break above the 18500 (R1) resistance line with the next possible target for the bulls being the 19100 (R2) resistance line.<\/p>\n\n\n\n<p>USD\/CAD appears to be moving in a sideways fashion. We maintain a sideways bias for the pair and supporting our case is the RSI Indicator below our chart which currently registers a figure near 50, implying a neutral market sentiment in addition to the narrowing of the Bollinger bands which imply low market volatility. For our sideways bias to continue, we would require the pair to remain confined between the 1.3545 (S1) support level and the 1.3630 (R1) resistance line. On the other hand, for a bullish outlook we would require a clear break above the 1.3630 (R1) resistance line, with the next possible target for the bulls being the 1.3705 (R2) resistance line. Lastly, for a bearish outlook we would require a clear break the 1.3545 (S1) level, with the next possible target for the bears being the 1.3465 (S2) support line.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-other-highlights-for-the-day\"><strong>Other highlights for the day:<\/strong><\/h2>\n\n\n\n<p>In a busy Wednesday, we make a start with Sweden\u2019s GDP rate for February, Norway\u2019s CPI rates, the Czech Republic\u2019s CPI rates and the US CPI rates all for the month of March, following by the weekly US EIA crude oil inventories figure. In tomorrow\u2019s Asian session we note China\u2019s PPI rate and CPI rate both for March. On a monetary level, we highlight the speeches by Norway\u2019s Central Bank Governor Ida Wolden Bache, Fed Governor Bowman, BoC Governor Tiff Mackle and Chicago Fed President Goolsbee. Moreover, we highlight the Bank of Canada\u2019s Interest rate decision and the release of the US FOMC March meeting minutes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-us100cash-daily-chart\"><strong>US100Cash Daily Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"975\" height=\"497\" src=\"\/wp-content\/uploads\/2024\/04\/image-46.png\" alt=\"support at  one seven eight zero zero and resistance at one eight five zero zero, direction sideways  \" class=\"wp-image-80350\" title=\"us-100-cash -daily -chart\"\/><\/figure>\n\n\n\n<p>Support: 17800 (S1), 17160 (S2), 16300 (S3)<\/p>\n\n\n\n<p>Resistance: 18500 (R1), 19100 (R2), 19700 (R3) <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-usd-cad-h4-chart\"><strong>USD\/CAD H4 Chart<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"975\" height=\"492\" src=\"\/wp-content\/uploads\/2024\/04\/image-47.png\" alt=\"support at  one point three five four five  and resistance at one point three six three zero, direction sideways  \" class=\"wp-image-80351\" title=\"usd-cad- four-hour-chart\"\/><\/figure>\n\n\n\n<p>Support: 1.3545 (S1), 1.3465 (S2), 1.3365 (S3)<\/p>\n\n\n\n<p>Resistance: 1.3630 (R1), 1.3705 (R2), 1.3790 (R3) <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1918\" height=\"477\" src=\"\/wp-content\/uploads\/2024\/04\/image-48.png\" alt=\"\" class=\"wp-image-80352\" title=\"benchmark-10-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1002\" height=\"569\" src=\"\/wp-content\/uploads\/2024\/04\/image-51.png\" alt=\"\" class=\"wp-image-80355\" title=\"table-10-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1285\" height=\"1125\" src=\"\/wp-content\/uploads\/2024\/04\/image-49.png\" alt=\"\" class=\"wp-image-80353\" title=\"morning-releases-10-04-2024\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1354\" height=\"413\" src=\"\/wp-content\/uploads\/2024\/04\/image-50.png\" alt=\"\" class=\"wp-image-80354\" title=\"morning-releases-10-04-2024\"\/><\/figure>\n\n\n\n<p>If you have any general queries or comments relating to this article please send an email directly to our Research team at <a href=\"mailto:reseach_team@ironfx.com\">research_team@ironfx.com<\/a><\/p>\n\n\n\n<p>Disclaimer:<br>This information is not considered as investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced, or hyperlinked, in this communication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US CPI rates for March are due to be released during today\u2019s American session. There appears to be a<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-80349","post","type-post","status-publish","format-standard","hentry","category-uncategorized","blog-category-financial-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US CPI rates due out today<\/title>\n<meta name=\"description\" content=\"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC&#039;s interest rate decision also anticipated.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ironfx.com\/en\/wp-json\/wp\/v2\/posts\/80349\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US CPI rates due out today\" \/>\n<meta property=\"og:description\" content=\"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC&#039;s interest rate decision also anticipated.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-10T08:08:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T14:21:13+00:00\" \/>\n<meta name=\"author\" content=\"IronFX Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/\"},\"author\":{\"name\":\"IronFX Team\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\"},\"headline\":\"US CPI rates due out today\",\"datePublished\":\"2024-04-10T08:08:32+00:00\",\"dateModified\":\"2025-12-17T14:21:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/\"},\"wordCount\":785,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/\",\"name\":\"US CPI rates due out today\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#website\"},\"datePublished\":\"2024-04-10T08:08:32+00:00\",\"dateModified\":\"2025-12-17T14:21:13+00:00\",\"description\":\"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC's interest rate decision also anticipated.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/us-cpi-rates-due-out-today-3\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US CPI rates due out today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"description\":\"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#organization\",\"name\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\",\"url\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"contentUrl\":\"\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/ironfx-forex-trading.jpg\",\"width\":1200,\"height\":627,\"caption\":\"Complete Turnkey Introducing Brokers (IB) Solution at IronFX\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ironfx-cn.com\\\/en\\\/#\\\/schema\\\/person\\\/6727476356d10030d1564b38f6e699b1\",\"name\":\"IronFX Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g\",\"caption\":\"IronFX Team\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US CPI rates due out today","description":"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC's interest rate decision also anticipated.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ironfx.com\/en\/wp-json\/wp\/v2\/posts\/80349\/","og_locale":"en_US","og_type":"article","og_title":"US CPI rates due out today","og_description":"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC's interest rate decision also anticipated.","og_url":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/","og_site_name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","article_published_time":"2024-04-10T08:08:32+00:00","article_modified_time":"2025-12-17T14:21:13+00:00","author":"IronFX Team","twitter_card":"summary_large_image","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/#article","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/"},"author":{"name":"IronFX Team","@id":"https:\/\/www.ironfx-cn.com\/en\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1"},"headline":"US CPI rates due out today","datePublished":"2024-04-10T08:08:32+00:00","dateModified":"2025-12-17T14:21:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/"},"wordCount":785,"commentCount":0,"publisher":{"@id":"https:\/\/www.ironfx-cn.com\/en\/#organization"},"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/","url":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/","name":"US CPI rates due out today","isPartOf":{"@id":"https:\/\/www.ironfx-cn.com\/en\/#website"},"datePublished":"2024-04-10T08:08:32+00:00","dateModified":"2025-12-17T14:21:13+00:00","description":"US CPI rates for March due today, with Headline CPI expected at 3.4% and Core CPI at 3.7%. BoC's interest rate decision also anticipated.","breadcrumb":{"@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.ironfx-cn.com\/en\/us-cpi-rates-due-out-today-3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ironfx-cn.com\/en\/"},{"@type":"ListItem","position":2,"name":"US CPI rates due out today"}]},{"@type":"WebSite","@id":"https:\/\/www.ironfx-cn.com\/en\/#website","url":"https:\/\/www.ironfx-cn.com\/en\/","name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","description":"&quot;Our Introducing Brokers program offers competitive conditions tailored to our partners&#039; needs. Become an IB and enjoy the highest market rebates.&quot;","publisher":{"@id":"https:\/\/www.ironfx-cn.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ironfx-cn.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ironfx-cn.com\/en\/#organization","name":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX","url":"https:\/\/www.ironfx-cn.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ironfx-cn.com\/en\/#\/schema\/logo\/image\/","url":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","contentUrl":"\/wp-content\/uploads\/2021\/07\/ironfx-forex-trading.jpg","width":1200,"height":627,"caption":"Complete Turnkey Introducing Brokers (IB) Solution at IronFX"},"image":{"@id":"https:\/\/www.ironfx-cn.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.ironfx-cn.com\/en\/#\/schema\/person\/6727476356d10030d1564b38f6e699b1","name":"IronFX Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d752eefdd58f84a80c87c45e25d421800364fdd26cd623e15031af029eebef?s=96&d=mm&r=g","caption":"IronFX Team"}}]}},"_links":{"self":[{"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/posts\/80349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/comments?post=80349"}],"version-history":[{"count":0,"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/posts\/80349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/media?parent=80349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/categories?post=80349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ironfx-cn.com\/en\/wp-json\/wp\/v2\/tags?post=80349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}