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US stocks set for weekly loss as Powell adds to Fed’s hawkish soundbite. But the dollar is unable to hit fresh highs; US retail sales are eyed next. Yen firms after the verbal intervention; the euro...
The USD/JPY is in positive territory on Friday, putting the brakes on a four-day skid. In the European session, USD/JPY is trading at 155.54 down 0.45% on the day. Japan GDP Climbs 0.9% Japan’s...
US CPI meets expectations, bolstering rate cut hopes But Fed hawks spoil the mood as dollar hits one-year high Gold continues to bleed even as stocks stumble Dollar ascends as Fed wary after CPI...
US Treasury yields spike, driving USD/JPY higher and precious metals lower Bond market volatility intensifies as traders demand more compensation Long-dated yields surge while short-dated yields...
US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation The Fed is seen as nearly 50/50 to cut interest rates again in December after Donald Trump and the Republicans secured a...
The USD/JPY remains within the ascending channel with key support being at 151.60. The next upside target is the 78.6% Fib at 157.17. But today, we want to focus more on the potential of a breakdown...
The Japanese yen (USD/JPY) has posted gains on Friday. In the European session, USD/JPY is trading at 152.38, down 0.36% on the day. The yen has taken traders on a roller-coaster ride this week,...
Fed cuts rates and keeps door open to a December move Powell appears confident about the inflation outlook Equities’ euphoria continues, strongest weekly rally of 2024 The Fed Announces a Rate...
The USD/JPY has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, as a...
The USDJPY pair has surged to a 14-week peak, touching 153.83 as demand for the US Dollar strengthens with the unfolding US presidential election. This rally aligns with increasing support for Donald...
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