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USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
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2024-05-28 21:07:21

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: Dollar Slips Ahead of Data, Set for First Monthly Drop in 2024 =============== ...

Dollar Slips Ahead of Data, Set for First Monthly Drop in 2024
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#e140b6a8 ver:0.59

The US dollar is slipping against other currencies as investors await key inflation data that could impact central bank policies. The dollar is on track for its first monthly decline in 2024, with markets already pricing in a US rate cut in December. The focus is on upcoming US and euro zone inflation data, as well as the US core PCE price index report on Friday. The Bank of Japan is also facing uncertainty over its next interest rate hike. #USD #inflation #centralbanks #forex...

#newstr #Dollar #Inflation #MonetaryPolicy #CentralBanks

https://here.news/story/e140b6a8?ver=0.59
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