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<p>The slight nudge higher in the rate cuts pricing is weighing on the euro, with EUR/USD down 0.3% to a low of 1.0805 currently. The pair may run up against bids at 1.0800 once again but the key technical level to watch down here will be the 100-day moving average at 1.0778.</p><p>The <a href="https://www.forexlive.com/ne

<ul><li>Prior +3.7%</li><li>HICP +3.4% vs +3.3% y/y expected</li><li>Prior +4.1%</li></ul><p>This continues the downtrend in inflation seen from last year, which is boosting confidence that rate cuts are going to come sooner rather than later. The euro is down to the lows for the day now with EU

<ul><li>Prior -0.1%</li></ul><p>Slight delay in the release by the source. The year-on-year decline in import prices is seen at 8.3%, representing the largest drop since 2009. The fall in import prices last month owes much to energy prices though. If you strip that out, the monthly reading shows a mild 0.1% decrease in

<ul><li>Prior -2.5%</li></ul><p>Slight delay in the release by the source. This just adds further evidence to the struggles in German consumption activity as of late. Households are being pinched by higher price pressures and the data indications seem to be getting worse every month. Real sales in food retail was seen

<ul><li>Prior 0.0%</li></ul><p>The average price of a dwelling in the UK increases to £257,656 to start the new year. Nationwide notes that "there have been some encouraging signs for potential buyers recently with mortgage rates continuing to trend down". This comes as investors are becoming more optimistic

Australian ASX 200 Index Reaches All-Time High on Lower CPI; Markets Await US Fed, Non-Farms Forecast, Canadian GDP; Crude Oil Steady Ahead of Expected US Strike Against Iran/Allies

The NZD/USD pair trims gains but is still comfortably above 0.6100.

The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS).

<p> <br /> </p> <div> <p><span>Most Read: </span><span>FOMC Preview – Price Action Setups on Gold, USD/JPY and Nasdaq 100</span></p> <p>The Fed will announce its first policy decision of 2024 on Wednesday. While no change in interest rates is expected, the FOMC could adjust its guida

<p> <br /> </p> <div> <div> <img decoding="async" alt="Stryker stock moves higher as Q4 numbers exceed expectations" id="carouselImage" src="https://i-invdn-com.investing.com/news/LYNXMPEBBR0PM_L.jpg" style="visibility:hidden" /><br /> <span>© Reuters.