USD/JPY Stable, Looking to US Inflation for Impetus
The pair is steady today, in appositive week so far, as markets brace higher for higher Consumer Price Index (CPI) in the US
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair is steady today, in appositive week so far, as markets brace higher for higher Consumer Price Index (CPI) in the US
The Kiwi has the opportunity to halt its five-week losing streak, but faces difficulties as we move towards the European open
The Index started the week on the offensive on improved sentiment around Omicron, but it has been facing difficulties since yesterday, as optimism eases and fears around China’s property market resurface
The Italian competition authority announced on Thursday that it had imposed a fine of over € 1.128 billion on the retail and tech giant, for abusing its dominant position
The common currency managed to stage a solid rebound on Wednesday, following a poor weekly start, but today it faces renewed pressure
The Pound dropped to its lowest level since November 2020 against the greenback yesterday, harmed by UK’s tougher Covid rules
The pair started the week on the back foot, but today it rises, as talk of UK lockdowns harm the Pound
The stock of the German automotive giant is down on Tuesday following a strong weekly start, despite encouraging news
The commodity finds support during the European hours and tries to stay in profitable territory, following its very good start to the week
The pair rebounds following its poor start to the week, as markets try to stay upbeat following yesterday’s risk-on mood
The pair attracts buyers today, as risk-on mood prevails, trying to put an end to its five-week losing week
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