USD/JPY Nears Thirty-Year Peak As US Inflation Data Loom

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

Focus turns to inflation data after Dollar’s rebound

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

AUD/USD falls for straight fifth trading session on global slowdown fears

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

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

German Inflation Aggravates Euro Drawback

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

The Fed is fighting real inflation this time – Nordea

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