Japan’s inflationary pressures picked up in January, with Tokyo’s core CPI (excluding fresh food) rising to 2.5% yoy from 2.4%, marking its fastest pace in nearly a year. Core-core measure (excluding food and energy) also edged higher to 1.9% from 1.8%. Meanwhile, headline CPI surged to 3.4% from 3.0%, its highest level in nearly two […]
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Daily Pivots: (S1) 1.0363; (P) 1.0415; (R1) 1.0445; More… No change in EUR/USD’s outlook and intraday bias stays neutral at this point. On the downside, break of 1.0371 support will indicate rejection by 38.2% retracement Read more…
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