USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: US Dollar Rebounds Ahead of PCE Release, Euro Slips After German Retail Sales ...
US Dollar Rebounds Ahead of PCE Release, Euro Slips After German Retail Sales
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#e140b6a8 ver:0.68
The US dollar stabilizes ahead of key inflation data, while the euro slips after German retail sales. The dollar index holds steady at 104.76 as markets price in a 55% chance of rate cuts starting in September. The yen remains unchanged, while the dollar is on track for its first monthly losses in 2024. Investors should closely watch the upcoming PCE data for potential impact on the Fed's rate decisions. The global market is sensitive to US economic indicators, with different levels of inflationary pressure in the euro zone and Japan. #USD #EUR #inflation #Fed #economy...
#newstr #UsDollar #PceRelease #Euro #GermanRetailSales #Inflation #InterestRates #EconomicIndicators #JapaneseCpi #ChineseBusinessActivity
https://here.news/story/e140b6a8?ver=0.68
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#e140b6a8 ver:0.68
The US dollar stabilizes ahead of key inflation data, while the euro slips after German retail sales. The dollar index holds steady at 104.76 as markets price in a 55% chance of rate cuts starting in September. The yen remains unchanged, while the dollar is on track for its first monthly losses in 2024. Investors should closely watch the upcoming PCE data for potential impact on the Fed's rate decisions. The global market is sensitive to US economic indicators, with different levels of inflationary pressure in the euro zone and Japan. #USD #EUR #inflation #Fed #economy...
#newstr #UsDollar #PceRelease #Euro #GermanRetailSales #Inflation #InterestRates #EconomicIndicators #JapaneseCpi #ChineseBusinessActivity
https://here.news/story/e140b6a8?ver=0.68