EUR/USD ebbs lower towards 1.1400, finds support at big figure for now as US CPI looms
EUR/USD continues to ebb lower post-Lagarde’s more measured tone, finding decent support at the 1.1400 level. Focus
OECD’s Cormann: Global inflation pressures seen easing in next 12-18 months
Global inflation is seen receding over the next two years as central banks normalize monetary
Eurozone final CPI arrives at 0.4% MoM in December, matching estimates
Eurozone inflation arrives at 5.0% YoY in December. Monthly CPI in the bloc rises to
US: Inflation rises to 4-decade high in December – UOB
Senior Economist at UOB Group Alvin Liew comments on the latest US inflation figures. Key
USD/JPY struggles near three-week low, around 114.25-20 area post-US data
USD/JPY witnessed heavy selling for the second straight day amid a broad-based USD weakness. Rebounding
NZD/USD sticks to gains near 0.6870-75, highest since November 25 ahead of US data
NZD/USD gained traction for the third straight day and shot to the highest level since
China: Inflation lost momentum in December – UOB
Economist at UOB Group Ho Woei Chen, CFA, assesses the latest inflation figures in the
USD/CAD off two-month low, keeps the red below 1.2500 mark amid bearish USD
USD/CAD continued losing ground for the third successive day and dropped to over a two-month
US inflation unlikely to change the hawkish Fed outlook – Danske Bank
Analysts at Danske Bank note that softer US inflation data is unlikely to alter the
US Inflation: EURUSD’s downtrend resistance near 1.14 in focus – TDS
“US CPI will be a key focus. Our forecast is in line with the market