PCE inflation corroborates dovish Fed bets

Softer PCE data keep chances of another 50bps Fed cut elevated. Fed Chair Powell speaks, ISM PMIs and NFP on this week’s agenda. Yen rally pauses after Ishiba says policy should stay accommodative. Aussie, kiwi and Chinese stocks celebrate PBoC’s measures.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.