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This morning, news about inflation in Japan was published. It did not bring any surprises — inflation in Japan is gradually weakening as expected. Core CPI in annual terms: actual = 2.3%, forecast = 2.5%, a month ago = 2.6%, a year ago = 3.0%. We also note that the official position is aimed at […]

The post USD/JPY Price Analysis: Consolidation ahead of US News appeared first on Action Forex.

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29/05/2024

Dollar Tries to Extend Gains

Markets Global bonds trading took a slow start after a long weekend in the US and the UK. Yields initially lost a few basis points. However, US Treasuries were hit by a triple whammy as the US session preceded. Mid-morning in the US, Fed’s Kashkari confirmed the more hawkish tone from last week’s Fed Minutes. […]
12/12/2023

Economic Sentiment in Germany Is Improving but Slowly

Fresh business sentiment assessments from ZEW saw the sentiment index rise from 9.8 to 12.8, a positive surprise for analysts who had anticipated a slight decline to 9.6. The current optimism level is the highest since March this year but below the long-term average of 20.8. Some signs of a reversal can be found in […]
11/04/2024

What’s Behind the US Economy’s Resilience?

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