While markets have reacted very positively to the October CPI print, we continue to see further risks of more persistent inflation and think it is too early to trade a clear Fed pivot. Still elevated underlying price growth, tight labour markets, inflationary market reaction and China reopening risks all favour remaining cautious on inflation. The […]
The post Research US – Inflation Risks Are Not Over Yet appeared first on Action Forex.
Daily Pivots: (S1) 158.68; (P) 159.21; (R1) 159.58; More… USD/JPY is extending consolidations below 159.74 and intraday bias remains neutral. On the upside, above 159.74 will target a retest of 161.94. Firm break there will Read more…
The global markets are holding in limbo today as the initial surge in geopolitical risk faded and attention shifted back toward the upcoming Fed decision tomorrow. While tensions in the Middle East remain elevated, price Read more…
For Americans considering retirement abroad without leaving the U.S. financial system, Puerto Rico often appears near the top of the list. The Caribbean island offers tropical weather, a vibrant culture and the familiarity of a Read more…