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The US Federal Reserve's interest rate decision in May was the tenth consecutive increase in 14 months. In this tightening cycle, the Fed rate has thus increased from 0-0.25% to 5-5.25% - the highest...
Most major markets are consolidating ahead of this week’s big event risks, highlighted by the US CPI report and central bank meetings from the Fed, BOJ, and others. US CPI is likely to fall...
USDJPY has been trading within an upward sloping channel since mid-March, crossing above crucial technical levels and posting consecutive higher highs. However, the pair has been trading sideways in...
ECB warns against BoJ normalization Yen improves after verbal intervention US nonfarm payrolls projected to fall to 190,000 USD/JPY is steady on Friday, trading at 138.95, up 0.11%. The yen has posted...
US JOLTS Job Openings beats expectations US nonfarm payrolls follows on Friday Fed members divided on rate policy Debt ceiling agreement approved in House, moves to Senate USD/JPY has edged higher on...
Japanese retail sales and industrial production soften A possible snap election in Japan could delay any BoJ move House to vote on debt ceiling deal USD/JPY is almost unchanged on Wednesday, trading...
During yesterday's sleepy markets, I highlighted the rally in bund futures (rising prices, falling yields) may signal similar price action at the subsequent session, when US bond yields/prices return...
Growing speculation for another Federal Reserve rate hike may keep the USD buoyant as the Personal Consumption Expenditure (PCE) Price Index points to sticky inflation. The unexpected uptick in the...
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