Yen hits fresh low as focus turns to US CPI data

from Global Market Insights - Forex, Futures, Stocks · host XM.com

Send us Fan MailYen spikes, but ends Monday as the main loser. Dollar traders lock gaze on US inflation data. UK jobs report beats estimates, CPIs the pound’s next test. Wall Street ends mixed, awaits US CPI figures.Yen falls to lowest levels in a year as stock markets soar. Dollar mostly ignores Moody’s credit outlook downgrade. Gold nurses losses, waiting for tomorrow’s US inflation stats.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/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.

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This episode was published on November 14, 2023.

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