🔵 Here are the most prominent developments taking place:
🔷US Federal Reserve Member Daly made statements yesterday similar to those made previously by Powell.
🔷Daly said that the Fed has made significant progress regarding inflation so far
She added that if inflation returns to rise, the Fed should never think about lowering interest rates.
🔷So inflation data on Friday will be very important
🔷The Japanese yen falls against the US dollar and reaches near the levels of 160 yen for every 1 US dollar.
🔷Now caution must be taken, as the Central Bank of Japan is expected to intervene to stop the yen’s bleeding
🔷Today, the markets are awaiting the release of the US Consumer Confidence Index statement at 14:00 GMT.
🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR
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