Australia’s inflation fell to 2.4% in February, approaching target range, but services inflation remains challenging.
GBP is expected to trade between 1.2920 and 1.2980 today, with consolidation and a minor downward tendency.
UK CPI fell below expectations, increasing BoE rate cut chances. Traders adjusted forecasts for Fed, ECB, BoC, RBA.
Junko Koeda sees rising prices, wage growth, and delayed monetary effects, influencing USD/JPY to stay above 150.
USDJPY broke a key trendline, signaling potential moves. Buyers target 160.00, while sellers eye 140.00.
The Dollar Index stabilizes below 104.00, with markets watching tariffs and Federal Reserve policies for potential movement.
Spain’s GDP grew 0.8% in Q4, confirming estimates, with 3.2% growth in 2024, outperforming Germany and France.
AUD/JPY rose toward 95.00 as Copper hit record highs, while Japan’s Yen weakened on US tariff concerns.
UK CPI fell short; US Durable Goods Orders released; Fed and BoC events ahead; ECB, Fed speakers scheduled.
EUR/USD volatility declines; US stability, eurozone outlook help. Tariff risks could push EUR/USD toward 1.05.
Insights 
VT 
