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US CPI and FOMC Rate Decision – EUR/USD and USD/JPY Technical Analysis

From marketpulse.com

This week, financial markets are focused on the FOMC interest rate decision, as well as key economic indicators such as CPI and PPI. The Fed’s decision comes on the heels of rate cuts by the ECB and BOC, with expectations of a hold on rates in June. Investors are also looking for signals from the Bank of Japan amidst the Yen’s historic lows. In this context, we analyze market expectations and recent price actions, particularly focusing on EUR/USD and USD/JPY, which has shown resilience with a decade-long uptrend. {chart} This week, the financial world is waiting with anticipation for the FOMC interest rate decision, ... (full story)

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  • Category: Technical Analysis