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Summary The October Consumer Price Index will likely show that progress in wringing out the last bit of inflation remains frustratingly slow. We look for headline CPI to have advanced 0.2% in October, which would bump up the 12-month change in consumer prices to 2.5%. Excluding food and energy, prices are likely to have increased […]

The post October CPI Preview: Disinflation Is Getting Harder appeared first on Action Forex.

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17/07/2024

USD/JPY Outlook: Sharply Down, Markets Suspect Intervention

USDJPY was sharply down on Wednesday (down 1.3% during the European / early US session), with markets suspecting another intervention, after Japan’s authorities intervened in the market and pushed yen away from the lowest levels in nearly four decades.. Although comments from top officials were not clearly pointing to intervention, the size and the pace […]
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17/01/2024

GBP: My Expectations From CPI

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