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2024-05-31 18:59:07

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: Mixed Economic Data and Inflation Meet Forecasts, Impacting the US Dollar ...

Mixed Economic Data and Inflation Meet Forecasts, Impacting the US Dollar
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#e140b6a8 ver:0.72

Mixed economic data and inflation meet forecasts, impacting the US dollar. US GDP for Q1 revised down to 1.3%, increasing possibility of rate cuts. Yen remains steady, while euro slips. US dollar set for first monthly decline in 2024. Investors await US inflation data for clues on Fed's next move. Eurozone and Japan face different inflationary pressures. ECB predicted to cut rates, Japan intervenes in FX market. Understanding global economic shifts is key to future market directions. #USD #inflation #economy #ECB #Japan...

#newstr #UsDollar #Yen #Inflation #Gdp #RateCuts #GermanRetailSales #EurozoneCpi #JapaneseInflation #ChineseBusinessActivity

https://here.news/story/e140b6a8?ver=0.72
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