USD/JPY Moves Towards Another Profitable Week, but Awaits US Inflation Update
The pair runs its seventh straight profitable week, as markets brace for today’s PCE inflation from the United States
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 runs its seventh straight profitable week, as markets brace for today’s PCE inflation from the United States
Sentiment takes another nosedive today and Wednesday’s relief rally falters, as markets brace for key economic data from the US, later in the day and on Friday
Prices staged a rebound over the last couple of days, on the back of disruption due to hurricane Ian and lower weekly inventories, but face renewed pressure today and USOIL heads towards another losing month
The German index extends is losses to new two year lows, as central banks offer hawkish commentary, sustaining market apprehension over an economic downturn
The International Monetary Fund (IMF) issued a statement on Tuesday, criticizing the government’s recent spending plan and the Pound comes renewed pressure today
XAU/USD rebounds from Monday’s sump to the lowest level in more than two years, but draws towards the conclusion of its sixth straight losing month
BTC/USD extends yesterday’s gains as sentiment shows improvement and the greenback retreats, after its recent Fed-fuel rally
The pair dropped to fresh twenty year lows on Monday in the aftermath of last week’s hawkish Fed, but reacts higher today, as the greenback shows exhaustion
Against a stagflationary environment and aggressive monetary tightening by the Fed, which are harmful to Wall Street, we take a look at some companies that will be on our radar over the coming months
Last week’s historic rate hike by the Fed and hawkish projections, caused Wall Street to plunge and US30 to hit nearly two year lows
The British Pound took a beating on Friday and extended losses against the greenback, to all-time lows earlier today, but reacts during the European hours
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