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A Week For Insights Into The Major Country’s Inflation

The Week Ahead: Week of 9 October (GMT+3) Wednesday, 11 October, 09:00 – EU German CPI (MoM) (Sep) In August, there was a 0.3% month-on-month increase in German consumer prices. The economy is expected to contract in the third quarter and show only modest growth in the fourth. Wednesday, 11 October, 15:30 – US PPIContinue Reading
Dollar Ticks Lower By Poor Job Data

The US dollar plunged below the pivotal $107 threshold, following a mere 89,000 increase in private-sector employment in the last month. The US dollar faced a setback, plunging below the pivotal $107 threshold, following lacklustre private-sector job data showing a mere 89,000 increase in employment last month, marking its lowest figure since September 2021. ThisContinue Reading
Written on October 5, 2023 at 5:44 am
Categories: Daily Market Analysis
The Yen’s Decline Sparks Speculation of Intervention

Japanese Yen Surges as USD/JPY Breaks Key 150 Level Amidst Speculation of Bank of Japan Intervention The financial landscape remains turbulent as global markets react to a host of impactful factors. The Japanese yen’s sudden dipped after hitting the pivotal 150 level has spurred speculation about potential intervention by Japanese authorities. Meanwhile, the greenback hasContinue Reading
Written on October 4, 2023 at 3:33 am
Categories: Daily Market Analysis
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