About: anakin

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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%.

According to Scotiabank’s Chief FX Strategist, the GBP performs strongly but remains 0.3% lower against the USD.

Pound Sterling leads G10 but remains down. GBP/USD stabilises near support. Trade risks pressure EUR/GBP at 0.82.

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