think GJPY can drop to 180 in coming days to weeks if thats the case, a big retest in daily supports.
GBP/USD: Bears Prevail Ahead of Fed, BoE Rate Decisions
The GBP/USD exchange rate dropped to the lowest level since June 6th as the US dollar index (DXY) and crude oil prices jumped. The pair slipped to a low of 1.2382 ahead of the upcoming UK inflation numbers and Federal Reserve decision. UK inflation and Fed decision The GBP/USD pair retreated after the strong US inflation data. According to the Bureau of Labor Statistics (BLS), the headline consumer price index (CPI) rose from 3.2% in July to 3.7% in August. It was the second straight month that inflation rose. Economists believe that inflation could continue rising in the coming months since crude oil prices are ... (full story)
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The central banks of some of the worldís biggest economies are now widely considered to have reached, or be at the brink of reaching, the highest level they will take interest ...
tweet: ECB'S GUINDOS: PARTS OF UNDERLYING INFLATION ARE MODERATING. tweet: ECB'S GUINDOS: THERE IS UNCERTAINTY OVER HIKES' EFFECT ON ACTIVITY.
tweet: - ECB's Kazimir: May Need Peak Rates For `Winter, Spring, Summer' - Premature To Place Bets On First Rate Cuts tweet: ECB'S KAZIMIR: HOPEFULLY INTEREST-RATE HIKES ARE FINISHED. tweet: ECB'S KAZIMIR: ONLY THE MARCH FORECAST CAN CONFIRM THAT WE ARE HEADING UNEQUIVOCALLY TOWARDS OUR INFLATION GOAL. tweet: ECB'S KAZIMIR: I WISH THAT THE SEPTEMBER RATE HIKE WAS THE LAST BUT WE CAN'T RULE OUT FURTHER RATE INCREASES. tweet: ECB'S KAZIMIR: ONCE IT'S CLEAR THAT NO MORE HIKES ARE NEEDED, THE DEBATE SHOULD START ON SPEEDING UP QT.
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With many central bank meetings in the days ahead, the dollar has begun the new week on a quietly and mostly in tight ranges, helped by a holiday in Tokyo. G10 currencies, outside ...
The trend in housing starts was flat in August at 244,507 units, up only 0.8% from 242,552 units in July, according to Canada Mortgage and Housing Corporation (CMHC). The trend ...
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose 1.3% month over month in August and fell 0.5% year over year. Prices of ...