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USD/JPY Analysis and Charts USD/JPY is close to 2022’s high of 151.94 That in turn was a 30-year top Strong US consumer price numbers could see the Dollar smash through this again Learn How to Trade USD/JPY With our Complimentary Guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen was lower against
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts Download our Q4 Equities trading Forecast Below: Recommended by IG Get Your Free Equities Forecast FTSE 100 tries to begin the week on a positive footing The FTSE 100 has come off Thursday’s 7,466 high amid hawkish comments
Share: The key report for the week will be on Tuesday with the US Consumer Price Index. Additionally, more US inflation data is scheduled for Wednesday with the Producer Price Index. The Eurozone will report GDP growth, and the UK will release employment and inflation data. Australia will also release jobs data. The
Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth
ECB policymakers keen to cool euphoria over inflation drop FULL STORY The European Central Bank needs to see further progress in dampening inflationary pressures, and companies along with governments need to chip in to prevent more policy tightening, ECB policymakers said on Wednesday. Policymakers speaking at various venues across Europe appeared keen to cool any
EUR/USD ANALYSIS ]Softer German inflation maintains downward pressure on EUR upside. Euro area retail sales and ECB/Fed speak to come. EUR/USD bear flag still under consideration. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on
Share: Researchers from Nordea are out with a note highlighting that the Fed’s (and other central banks’) fight with inflation will remain an ongoing task for longer than most might be expecting, with Nordea currently anticipating a lack of any rate cuts until well into 2025. Major forecasts: Firmly on hold The central