UK GDP figures showed economic growth picking up in January but the outlook still looks weak. Sterling remains little changed while the FTSE 100 tests multi-month resistance.
This article examines the USD/JPY’s technical outlook, analyzing key price levels that traders should watch over the coming trading sessions.
US CPI has ticked up unexpectedly, if not yet to the sort of levels which might cause the market to seriously rethink its rate-cut bets
US inflation came in above expectations in February but the market is currently shrugging off the data having any impact on policy as US rate cut expectations remain unchanged.
The latest official UK labor statistics show the UK jobs market cooling a fraction with the unemployment rate nudging higher and wages ticking lower.
Gold prices, the U.S. dollar, and stocks will be highly responsive to the February U.S. inflation report, as consumer price index data holds the potential to shape the Federal Reserve's near-term monetary policy outlook.
The U.S. dollar rebounded slightly on Monday, following last week's sharp decline, ahead of the release of key U.S. inflation data that could determine the near-term outlook for currency markets.
The Bank of England is expected to lag both the Fed and the ECB when it comes to cutting interest rates, helping to boost Sterling against the US dollar and the Euro.
The Yen is gaining as investors scent not only lower US interest rates but also, just possibly, higher Japanese ones
A quiet start to the week across most markets ahead of Tuesday’s US CPI release, although Bitcoin is soaring to a fresh record high.