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Week Ahead – Euro and bleeding yen brace for inflation tests
video With all the major central bank decisions behind us, the spotlight next week will turn to a new round of inflation releases. The euro has been riding high this month, but whether it still has some miles left in the tank will depend on what the inflation data spells for ECB policy. Meanwhile, the yen has been demolished and since FX intervention seems unlikely, it might take a serious acceleration in Japanese inflation to stop the bleeding. Can the euro keep going? It’s been a solid month for the euro, which has capitalized on bets that the European Central Bank will raise interest rates further than ... (full story)