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About: anakin
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As the US session starts, traders monitor key levels for EURUSD, USDJPY, and GBPUSD movements.
Traders await US PCE data; USDJPY rises, EURUSD declines, GBPUSD gains. Dow, S&P up; Nasdaq unchanged.
In the fourth quarter, Canada’s GDP increased to 0.6%, up from the previous 0.3%.
Canada’s GDP grew to 0.6%, euro stabilised, gold fell, and GBP/USD held above 1.2600 post-PCE data.
Imminent US inflation data will provide crucial ranges for market participants to observe closely.
Core PCE data releases at 8:30 AM ET, with expected increases impacting economic assessments and market reactions.
The EUR/JPY pair approaches 157.00 as the Yen weakens against various currencies.
EUR/JPY nears 157.00 as Yen weakens after Tokyo CPI data; outlook remains bearish despite Euro’s resilience.
Germany’s February CPI matches expectations at +2.3%, while core inflation decreases to 2.6%.
Germany’s February CPI rose 2.3% year-on-year, while HICP increased 2.8%, with core inflation declining to 2.6%.
