Weekly Forex Outlook: 23/06/2023 – Euro and bleeding yen brace for inflation tests
June 23, 2023 12:00 pm
With all the major central bank decisions behind us, the spotlight next week will turn to another round of inflation releases. The euro has been riding high lately, but whether it still has miles left in the tank will depend on what the inflation outlook spells for ECB policy. Meanwhile, the yen has been demolished and since FX intervention seems unlikely, it might take an acceleration in Japanese inflation to stop the bleeding.
0:00 Intro 0:22 Eurozone inflation and euro 2:42 Tokyo CPIs and yen 5:05 US data and dollar
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
With all the major central bank decisions behind us, the spotlight next week will turn to another round of inflation releases. The euro has been riding high lately, but whether it still has miles left in the tank will depend on what the inflation outlook spells for ECB policy. Meanwhile, the yen has been demolished and since FX intervention seems unlikely, it might take an acceleration in Japanese inflation to stop the bleeding.
0:00 Intro
0:22 Eurozone inflation and euro
2:42 Tokyo CPIs and yen
5:05 US data and dollar
For more information on the topics discussed in this video, including
detailed charts and tables, read the full Weekly Forex Outlook article:
https://www.xm.com/research/analysis/previews/xm/week-ahead-euro-and-bleeding-yen-brace-for-inflation-tests-181681
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
Related Posts: