Euro (EUR/USD) Steadies After German Inflation Falls, FOMC Decision Up Next

German inflation fell to a two-and-a-half year low of 2.9% in January, preliminary data showed today, down from 3.7% in December. Via DailyFX - Market News https://www.dailyfx.com

Japanese Yen Weakens As Perky Dollar Looks To Fed Guidance

The USD/JPY market is like all others focused on the Federal Reserve’s first interest-rate decision of the year. Via DailyFX - Market News https://www.dailyfx.com

​​​FTSE 100, DAX 40 and S&P 500 take a Breather ahead of the Fed Meeting

​​Outlook on FTSE 100, CAC 40 and S&P 500 amid Fed and BoE meetings and as the remaining three of the ‘magnificent seven’ US stocks report their earnings tomorrow ahead of Friday’s US Non-Farm Payrolls. Via DailyFX - Market News https://www.dailyfx.com

ASX Achieved a Record High after Cooler Aussie Inflation, AUD/USD Weaker

Australian inflation cooled in Q4 helping lift the local index to a new all-time high. Continued disinflation reduces lingering suspicions of another hike, weighing on AUD Via DailyFX - Market News https://www.dailyfx.com

IMF Upgrades Global Growth as Major Economies Show Resilience

The IMF foresees a more resilient global economy led by the US and positive fiscal efforts in China to re-energise its economy. Risks to the outlook appear more balanced Via DailyFX - Market News https://www.dailyfx.com

GBP/USD Holds Above 1.2600 As Year’s First Central Bank Meets Near

Both the Federal Reserve and the Bank of England will give their first 2024 rate calls this week. Neither is expected to cut rates, but both may indicate willingness to. Via DailyFX - Market News https://www.dailyfx.com

Euro (EUR/USD) Pares Recent Losses After German and Euro Area Q4 GDP Releases

Germany just missed falling into a technical recession after Europe’s largest economy upgraded its Q3 GDP to flat from -0.1%. Via DailyFX - Market News https://www.dailyfx.com