Logo-color Logo-white

U.S. inflation numbers will be front and center for the Fed as discussions among policymakers shift from how high to push interest rates to when the first cuts might be appropriate. We look for U.S. CPI growth to show further signs of moderation in December, notwithstanding a likely tick higher in the year-over-year rate of […]

The post U.S. Inflation Data in Focus as Central Banks Consider Rate Cuts appeared first on Action Forex.

previous

China’s Rise To The World’s Largest Economy Is Delayed

next

Week Ahead – Market Spotlight Turns to US CPI Inflation

Read More

03/02/2024

Will Weak Jobs Data Prompt RBNZ to Drop Hiking Bias

RBNZ remains hawkish despite slowing inflation and weaker growth Investors price in 90bps rate cuts by the end of 2024 Focus turns to jobs data for Q4 on Tuesday at 21:45 Despite hawkish RBNZ, data drive investors to price in rate cuts At its November gathering, the RBNZ held its official cash rate (OCR) steady […]
16/05/2024

USD/JPY Steady as Japanese Economy Contracts

The Japanese yen climbed as much as 0.85% earlier on Thursday but has pared most of those gains. USD/JPY is trading at 155.38, up 0.31% in the European session. Japan’s economy contracted in the first quarter. GDP declined by 2% y/y in the first quarter, following a revised 0% reading in Q4 2023. This was […]
03/06/2024

Trade of the Week (June 3-7)

Hey guys! For the first week in the month of June, there sure is a lot of market adjustments expected due to the fact that it serves as the start of a new month candle as well. To prep everyone for some quality trading opportunities this week, I will be sharing my views on GBPNZD […]