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Week Ahead: Euro and bleeding yen brace for inflation tests

Week Ahead: Euro and bleeding yen brace for inflation tests

Global Market Insights - Forex, Futures, Stocks

June 23, 20237m 10s

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With all the major central bank decisions behind us, the spotlight next week will turn to another round of inflation releases. The euro has been riding high lately, but whether it still has miles left in the tank will depend on what the inflation outlook spells for ECB policy. Meanwhile, the yen has been demolished and since FX intervention seems unlikely, it might take an acceleration in Japanese inflation to stop the bleeding.

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