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France Consumer Price Index (EU norm) (MoM) in line with forecasts (-1.1%) in September
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France Consumer Price Index (EU norm) (YoY) meets forecasts (1.1%) in September
France Consumer Price Index (EU norm) (YoY) meets forecasts (1.1%) in September -
France September final CPI +1.2% vs +1.2% y/y prelim
- Prior +0.9%
- HICP +1.1% vs +1.1% y/y prelim
- Prior +0.8%
The report shows price rises across the board compared to August. Services inflation is seen up to 2.4% from 2.1% in the month before while core annual inflation is seen up slightly to 1.3% from 1.2% in August. The overall chart:
This article was written by Justin Low at investinglive.com.
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With the French Sting Removed, Euro Enjoying a Sigh of Relief
Markets Speeches from the Fed, ECB and BoE chairs made up for the gap in the economic calendar yesterday. The one from Fed’s Powell rubberstamped another 25 bps rate cut on October 29. He said the economic outlook was largely unchanged since the September meeting. Powell highlighted growing labour market risks: “available evidence suggests that […]
The post With the French Sting Removed, Euro Enjoying a Sigh of Relief appeared first on Action Forex.
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With the French Sting Removed, Euro Enjoying a Sigh of Relief
Markets Speeches from the Fed, ECB and BoE chairs made up for the gap in the economic calendar yesterday. The one from Fed’s Powell rubberstamped another 25 bps rate cut on October 29. He said the economic outlook was largely unchanged since the September meeting. Powell highlighted growing labour market risks: “available evidence suggests that […]
The post With the French Sting Removed, Euro Enjoying a Sigh of Relief appeared first on Action Forex.
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French Premier Wins Backing by Suspending Pension Reform
In focus today In Norway, the fiscal budget for 2026 is published, where we expect a slightly expansionary effect, with an oil-adjusted deficit around 2.8% of the Petroleum Fund. This would be in line with Norges Bank’s assumption from the monetary policy report in September and should therefore be neutral for monetary policy outlook. Remember […]
The post French Premier Wins Backing by Suspending Pension Reform appeared first on Action Forex.
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USD/INR plummets on possible RBI’s intervention, IMF raises India’s GDP growth forecast
The Indian Rupee (INR) trades firmly against the US Dollar (USD) during afternoon trading hours in India on Wednesday. The USD/INR pair posts a fresh three-week low near 88.10 as the US Dollar extends its weakness, with Federal Reserve (Fed) dovish expectations returning under the spotlight. -
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $58.19 per barrel, down from Tuesday’s close at $58.22.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.00 after its previous daily close at $62.07. -
GBP/JPY Daily Outlook
Daily Pivots: (S1) 201.19; (P) 202.35; (R1) 203.37; More… Outlook in GBP/JPY is unchanged and intraday bias remains neutral. With 201.24 resistance turned support intact, further rally is still in favor. Break of 205.30 will target 61.8% projection of 184.35 to 199.96 from 197.47 at 207.11. However, firm break of 201.24 will confirm short term […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
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GBP/JPY Daily Outlook
Daily Pivots: (S1) 201.19; (P) 202.35; (R1) 203.37; More… Outlook in GBP/JPY is unchanged and intraday bias remains neutral. With 201.24 resistance turned support intact, further rally is still in favor. Break of 205.30 will target 61.8% projection of 184.35 to 199.96 from 197.47 at 207.11. However, firm break of 201.24 will confirm short term […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
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