The Bank of Japan is considering lowering its inflation outlook for the fiscal year of 2024 to the mid-2% range in its upcoming quarterly report, which will be published on January 23, Jiji news agency reported on Thursday, per Reuters.
Blogs
US CPI Preview: Some downside risks for USD even if inflation meets consensus – ING
The FX market is looking for the next big input to Dollar/risk sentiment in the US Consumer Price Index (CPI) report.
EUR/NOK: Further moderate Krone appreciation in 2024 and 2025 – Commerzbank
EUR/NOK continues to trade around the 11.30 mark. Antje Praefcke, FX Analyst at Commerzbank, analyzes Krone’s outlook.
Portugal Consumer Price Index (MoM): -0.4% (December) vs -0.5%
Portugal Consumer Price Index (MoM): -0.4% (December) vs -0.5%
Portugal Consumer Price Index (YoY) remains unchanged at 1.4% in December
Portugal Consumer Price Index (YoY) remains unchanged at 1.4% in December
South Africa Manufacturing Production Index (YoY) meets forecasts (1.9%) in November
South Africa Manufacturing Production Index (YoY) meets forecasts (1.9%) in November
Pound Sterling retreats from weekly high ahead of US CPI, UK factory data
The Pound Sterling (GBP) has surrendered intraday gains as the market sentiment has been impacted amid volatility ahead of the United States Consumer Price Index (CPI) data, which will be published at 13:30 GMT.
EUR/USD falls from 1.0990 as US Dollar recovers ahead of US Inflation data
The EUR/USD pair faces selling pressure while attempting to sustain above the crucial resistance of 1.0980 in the London session.
US CPI Preview: Dollar will attempt to stage a relief rally on absence of soft inflation reading – MUFG
USD softens ahead of release of latest US Consumer Price Index (CPI) report.
EUR/PLN to settle below 4.34 – ING
The Polish Zloty (PLN) has suffered in recent days. Economists at ING analyze PLN outlook.