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USDJPY Technical Analysis – We are testing some key levels
Fundamental OverviewThe USD got a boost across the board yesterday following the higher than expected US CPI report. The greenback couldn’t extend into new highs though as the market was aware of the “January-effect” and therefore didn’t put much weight on this...
European indices continue to run hot to start the new day
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Switzerland January CPI +0.4% vs +0.4% y/y expected
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Germany January final CPI +2.3% vs +2.3% y/y prelim
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UK Q4 preliminary GDP +0.1% vs -0.1% q/q expected
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UK December monthly GDP +0.4% vs +0.1% m/m expected
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ECB’s Vujčić: Market expectation for three more rate cuts this year is not unreasonable
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Dollar on the backfoot ahead of European trading
The US CPI report yesterday was a hotter one but again, it could perhaps owe a bit to seasonality as warned. In any case, all it served was to reaffirm Fed chair Powell's stance during his testimony this week that the Fed will be pausing on rate cuts for the time...
BOE’s Pill: I do expect we can cut rates further
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Japan PM Ishiba says won’t comment if FX was discussed in Trump meeting
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ForexLive Asia-Pacific FX news wrap: Awaiting Trump’s reciprocal tariffs (EUR up!)
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EUR/USD is back at its Wednesday high, gold is higher than its
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China has proposed holding a Trump / Putin summit
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Taiwan’s Foxconn says it is open to buying a stake in Nissan
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New Zealand inflation expectations remained subdued in Q1 2025
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The Wall Street Journal says Trump’s call for rate cuts defies inflation reality
The Wall Street Journal editorial board questions Donald Trump's understanding of monetary policy, arguing that his recent call for lower interest rates contradicts economic fundamentals. Trump's demand came on the same day inflation rose for the third straight month,...
Trump will be signing more executive orders on Thursday, February 13 – reciprocal tariffs?
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Barclays says a Fed rate cut still expected in 2025, but the risks of no cut is rising
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