CPI

The last time the BOE met, it didn't have the benefit of the latest CPI figures for the country. The result of the meeting was seen as a little more hawkish than expected. Markets could interpret the upcoming inflation data releases as a…
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USDJPY weakens as BoJ to meet The Japanese yen clawed back some losses as traders digested rumours of an end to negative rates. The currency soared on speculation that the BoJ was considering several options to lift interest rates…
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The upcoming ECB meeting is expected to be a lively one, as far as central bank gatherings go. There is a lot to discuss, and there seem to be quite a lot of differences between the monetary policy setting committee members. This could lead…
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EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary policy. Inflation across the Euro zone saw a sharp retreat with the latest print at 2.4%, from over 10% just a year ago. More…
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The UK will be releasing a barrage of data next week in the lead up to a pivotal BOE meeting. That makes it difficult to predict exactly what the central bank will do, since several of the data points might move market expectations. The…
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The recent data releases suggest that the all-important NFP tomorrow will show the labor market continues to cool. This would likely affirm the growing consensus that the Fed is soon to shift to rate cutting mode. But, as expectations…
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USDCHF grinds lower The Swiss franc stalled after November’s CPI showed a large slowdown. The pair has given up most of the gains from the July rally and the lack of swing highs suggests a constant selling pressure. 0.8650 is the current…
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Later today sees the release of the US PCE price index, which is closely tracked by the Fed. The regulatory agency reportedly uses this measure even more than core CPI to make policy decisions. And since this is the last time the figure is…
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The Euro got a boost following the flash PMIs last week which were above expectations. Albeit, the expectations were for continued contraction, and the results point to contraction. Just that the downward slope isn't as bad as initially…
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USDJPY tries to recover The Japanese yen lost steam after the CPI reading in October fell short of expectations. A slide below the daily support of 149.00 has led some short-term buyers to exit their positions. The pullback so far has…
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