Market Fundamentals: US Consumer Price Index (CPI) data for February showed inflationary pressures remained persistent, but still largely aligned with market expectations, providing some reassurance for investors. Headline CPI held steady at 0.2%...
Market Fundamentals: A stronger Producer Price Index (PPI) from Japan has increased the likelihood of further monetary tightening by the Bank of Japan (BoJ), which, along with ongoing geopolitical risks, continues to support the safe-haven Japanese...
GBPUSD Daily Outlook The GBP/USD pair is currently trading near the 1.27048 level and is trading within the ascending channel that has been formed since mid-January. Recent price action indicates strong momentum and the currency pair is trying to...
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Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...