Bank of Japan Governor Kazuo Ueda signaled a likely rate hike. The US PPI increased by 0.2%, well below estimates of a 0.4% increase. Traders are focused on Wednesday’s Consumer Price Index report. The USD/JPY price analysis shows rising bets for a Bank of Japan rate hike next week, supporting the yen across the board....
Risk appetite increased after China announced more stimulus measures. All eyes are now on US inflation figures. The pound remained fragile due to the recent bond market rout. The GBP/USD price analysis shows some relief for the pound as market participants await crucial US inflation data. Nevertheless, the long-term outlook remains clouded as traders worry...
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