USD/JPY Outlook: Dollar Extends Gains After Upbeat CPI
The dollar strengthened last week after consumer inflation data rose more than expected. Traders give the Fed a 91% chance of cutting borrowing costs by 25 basis points in November.…
The dollar strengthened last week after consumer inflation data rose more than expected. Traders give the Fed a 91% chance of cutting borrowing costs by 25 basis points in November.…
US CPI rose 0.3% in September, beating forecasts for a 0.2% gain. Market participants estimate a 91% chance of a November Fed rate cut of 25 basis points. US producer…
Most Fed policymakers agreed to cut borrowing costs by 50 basis points. The U.S. consumer price index rose 2.4% year-on-year, above estimates. Markets have reduced the chances of a November…
The US CPI number was higher than expected, showing increased pressure on prices. Wholesale inflation missed forecasts, weakening the dollar. The US will release retail sales data showing consumer spending.…
The UK economy grew by 0.2%, which is in line with economists' forecasts. The US CPI report revealed that inflation was higher than expected in September. US jobless claims rose…
Thursday's data showed that inflation rose more than expected in September. US jobless claims rose to 258,000 compared to estimates of 230,000. The Canadian economy could add 29,800 jobs, up…
The USD/JPI bullish trend continued at a slower pace. Market participants cut bets on a November Fed rate cut of 50 basis points. Economists expect inflation to decrease from 2.5%…
The US will release a key economic report showing the state of inflation. US price pressures could rise by 2.3%, below the previous month's 2.5% increase. Signs that the war…
Traders are still digesting last week's events BoE Governor Andrew Bailey said the central bank could turn to aggressive cuts. The US NFP report revealed an unexpected 254,000 new jobs…
Economists believe that the European Central Bank will cut rates in October and December. Eurozone inflation fell below 2% in September. Traders will go through the minutes of the Fed…