Inflation

The last day of the month could be quite busy for euro traders. There are two key data points coming out that should shake up the market. Both are not only key to where the shared economy is going but these could be pivotal in determining…
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Perhaps one of the most important releases of data points this week is the first look at the US GDP for the last quarter. The expectation is for it to be a key metric. This will not only evaluate the underlying health of the US economy,…
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The BOJ will hold its regular interest rate decision meeting tomorrow night. There isn't much speculation of any major change in policy. But, given the trajectory of the currency, potential commentary from officials is likely to be under…
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Tomorrow Markit releases its preliminary (flash) PMI surveys for April. Generally, it's just half the number of managers surveyed, but typically the number isn't all that different from the final one. So, the market tends to move in…
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Tomorrow we get European CPI figures, which usually don't move the market. That's because we get each constituent country's CPI figures earlier, so there isn't much of a surprise. However, these are not "usual" times, particularly given…
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For those following central bank policy, the rise of bond yields around the world is imminent. These have a profound impact on financial markets, especially forex. There is a general push by central banks to raise interest rates in an…
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EURUSD breaks key support The euro fell after the ECB insisted that there is no rush to raise interest rates. The price has given up all gains from the March rebound. Even though a bullish RSI divergence shows a slowdown in the…
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