USD/JPY Reversing Down at the 100 SMA, After Higher Inflation Numbers from Japan
Moving averages continue to push USD/JPY lower and yesterday's Tokyo inflation report gave it another push down Full Article
AUD/USD Coming Off the Highs After 2022 Inflation Surge, As Risk Sentiment Abates
Overnight we had the CPI consumer inflation report from Australia, with AUD/USD being on a bullish trend for a few months Full Article
Forex Signals Brief for January 17: Inflation Expected to Slow in Canada Too
Today consumer inflation CPI is expected to show a cool-off in December in Canada, following the slow down in US and Europe Full Article
More Trouble Ahead in 2023 for the USD, As Inflation Keeps Slowing
Inflation has been the main reason the FED has used for aggressive rate hikes in 2022, but we might see a reversal late in 2023 as CPI falls Full Article
Risk Asset Finish the Week Bullish on Better US Consumer Sentiment
Stock market and major currencies ended higher against the USD, as inflation falls while consumer sentiment improves in the US Full Article
Forex Signals Brief for January 13: Will US Consumer Sentiment Improve As Gas Prices Slow?
Headline inflation slowed again in December but core CPI ticked higher which means that gas prices are falling, but it should help the US co Full Article
US Headline CPI to Fall with A Caveat, Core CPI to Go Up
Inflation is falling in the US, but most of it is coming from falling energy prices as food prices keep going up Full Article
Forex Signals Brief for January 12: US Inflation to Slow Further in December
Most markets tried to adjust yesterday ahead of today's US inflation report for December which is expected to slow to 6.5% Full Article
AUD/USD Remains Bullish As Australian Inflation Overtakes US CPI
Inflation is expected to fall below 7% in the US this week, while it increased above that level in Australia, which is keeping AUD/USD up Full Article
Strong Bullish Sign in the USD Today, but Can It Keep That Up?
USD/CAD surged 150 pips higher today as the USD buyers returned, although it's the first trading day of 2023 Full Article
Risk Currencies Declining As Inflation Slows
Inflation is slowing down and today's German CPI inflation came below expectations, which should soften the ECB stance Full Article
Will EUR/USD Reverse As Inflation Slows in the Eurozone?
The uptrend in EUR/USD is loosing steam and it should turn bearish soon as inflation is slowing down in the Eurozone Full Article
USD/JPY Up 300 Pips As BOJ’s Kuroda Insists on Keeping Policy Loose
USD/JPY has formed a bullish trend for more than a week after the crash on the BOJ policy change announcement Full Article
Forex Signals Brief for December 27: Japanese Inflation to Tick Higher
Markets continue to remain quiet this week during the Christmas and New Year period and the economic data is light too Full Article
Forex Signals Brief for December 21: Consumer Confidence and Canadian Inflation
Yesterday Bank of Japan announced a change in its policy which kept the market unprepared, sending JPY pairs crashing lower Full Article