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Yen hits fresh low as focus turns to US CPI data

November 14, 2023 XM.com
Global Market Insights - Forex, Futures, Stocks
Yen hits fresh low as focus turns to US CPI data
Show Notes

Yen spikes, but ends Monday as the main loser. Dollar traders lock gaze on US inflation data. UK jobs report beats estimates, CPIs the pound’s next test. Wall Street ends mixed, awaits US CPI figures.

Yen falls to lowest levels in a year as stock markets soar. Dollar mostly ignores Moody’s credit outlook downgrade. Gold nurses losses, waiting for tomorrow’s US inflation stats.

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