Fed Chairman Powell said policymakers need more confidence that inflation is falling. Inflation in the US fell in June for the first time in four years. Investors have increased the…

Powell noted that inflation is on a downward trend. US consumer inflation data showed a larger-than-expected reduction in price pressures. US wholesale inflation data came in higher than expected. The…

The yen rose nearly 3% on Thursday after a weaker US inflation report. There is speculation in the market that Japan intervened on Thursday. The consumer price index in the…

The US CPI report showed the first drop in inflation since 2020. In June, inflation fell by 0.1% when economists expected it to rise by 0.1%. The ECB could cut…

USD/JPI outlook is bullish after Powell spoke cautiously. Analysts expect further easing of price pressures from 3.4% to 3.1% in June. Japanese wholesale inflation rose in June. The USD/JPI forecast…

UK GDP rose 0.4% in May, above estimates of 0.2%. Inflation in services and wage growth in the UK remain high. Investors are waiting to see the US consumer inflation…

Powell said the Fed needs more confidence that inflation will hit its target. Investors cut the odds of a Fed rate cut from 76% to 73%. Australia's index of business…

EUR/USD outlook is slightly bullish after Fed caution. Powell insisted that the central bank needs more confidence to start cutting interest rates. Fabio Panetta said the ECB can continue to…

The yen has recovered from last week, when it hit a 38-year low. Investors are speculating about a July BoJ hike. There is a 76% chance the Fed will cut…

Canada's unemployment rate has risen to 6.4% in more than two years. The odds of a BoC cut in July rose from 40% to 56%. Investors await Powell's speech to…