How Tokyo’s Consumer Prices Could Affect the Yen and Your Trades
Tomorrow, the Statistics Bureau of Japan will release the Tokyo Consumer Price Index (CPI) excluding fresh food — a key measure of monthly consumer price changes in Japan’s largest city. For Forex traders, this report is like taking an early “temperature reading” of inflation: it gives clues about future Bank of Japan (BoJ) policy and the strength of the Japanese yen (JPY).
Fed Governor Christopher Waller to Speak: Why Forex Traders Are Watching
Tomorrow, Federal Reserve Governor Christopher Waller will deliver remarks on monetary policy and inflation at the Economic Club of Miami. For traders, his words are like an early weather forecast: he can hint at whether the economic skies will be sunny (growth) or stormy (inflation).