Wednesday, 12 July 2023

USD/JPY Plummets on Hotter Household Inflation Expectations

Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...