About: anakin
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In the fourth quarter, Canada’s GDP increased to 0.6%, up from the previous 0.3%.
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.
