Logo-color Logo-white

In focus today In the euro area, we look out for the January monetary aggregates and lending data. We focus on the lending data as there have recently been signs of a rebound in loan growth and the credit impulse. A rebound in the credit impulse will be key for the euro area growth outlook […]

The post Inflation in Japan Surprises to the Topside appeared first on Action Forex.

previous

USD/JPY: Bulls to Remain in Play While Holding Above Broken Fibo Barrier

next

Review of RBNZ February 2024 Monetary Policy Statement

Read More

22/08/2024

US Dollar Index (DXY) Tumbles as BLS Revises Job Growth Downward, Rate Cuts Loom

US Dollar Index Plummets on Revised Jobs Data and Dovish Fed Minutes BLS Revises US Job Growth Downward. Biggest Downward Revision Since the Global Financial Crisis. Fed Rate Cuts Priced In? Powell’s Jackson Hole Speech in Focus. The US Dollar has been treading water and is on course for a four day losing streak. A […]
31/01/2024

Focus Turns to the Fed

In focus today Tonight at 20:00 CET the rate decision of this week’s meeting in the FOMC is announced. We expect no monetary policy changes. With no new economic projections, focus will be on Powell’s remarks in the press conference starting at 20:30 CET. We do not expect the meeting to be a major market […]
14/06/2024

EUR/GBP: At New Multi-Month Low But Bears May Pause on Oversold Conditions

EURGBP hits new multi-month low (the lowest since early Aug 2022) on Friday and is on track for the biggest weekly loss since the first week of January, after starting to trade this week with gap lower, weighed by growing political uncertainty in France. Bears cracked psychological 0.8400 support and eye target at 0.8339 (2 […]