The US Dollar Index (DXY) rose to a three-week high due to positive US business activity data and improved sentiment. US Services PMI showed growth, driving the overall positive economic data. Market focus shifts to Friday’s PCE data and developments around the proposed tariffs due on April 2nd. The US Dollar Index (DXY) rose to […]
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda. Dollar ignores Powell’s dovish soundbites The US dollar has been […]
The post Week Ahead – Flash PMIs, US and UK Inflation Eyed as Tariff War Rumbles On appeared first on Action Forex.
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