Euro finds support as soft US PPI weighs on US Dollar
Euro finds support as soft US PPI weighs on US Dollar
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Euro finds support as soft US PPI weighs on US Dollar
Forex
USD/JPY has failed to close above the 2024 swing high for a third straight week, keeping Bank of Japan intervention risk in play. Michael Boutros, Senior Market Analyst at FOREX.com, breaks down the multi time frame setup and the exact levels that would confirm a breakout or a deeper reversal.
Current Setup and Live Chart USD/TRY is once more on the back foot this Wednesday, after the US Dollar regained some of the momentum it lost following Tuesday's US Consumer Price Index data. The pair remains locked within an environment where resilience in the US Dollar, persistent domestic inflation and heightened geopolitical uncertainty are acting as headwinds to the Lira, while the Central Bank of the Republic of Türkiye (CBRT) maintains tighter monetary conditions and has taken certain policy steps […]
Gold eases as soft US CPI fails to dent the Fed's hawkish outlook
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GBP/USD Price Forecast: Soft US CPI data backs upside towards 1.3500
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