Summary of the most interesting economic events from the trading week of January 8 - 14, 2024

Monday's recap is here! Join us as we recap the highlights of what happened last week!

EUR

Last week, we focused mostly on Tuesday's unemployment rate from the eurozone, which was positive for the euro.

USD

We got a bit more interesting data from the US. Thursday's inflation was positive for the USD as the core inflation rate rose to 3.4 %.

JPY

Tuesday's Tokyo inflation data was negative for the JPY. Tokyo's core CPI index declined to 2.4 % in December.

What's in store for the current trading week?

We are in for a week of inflation. On Tuesday, we turn our attention to the inflation rate in Canada, which is expected to rise slightly. On Wednesday morning, we will see inflation data from the UK, where we are again expected to see lower numbers.

Sources:

https://www.investing.com

https://www.forexlive.com

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