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US CPI expectations: 2.6% y/y headline inflation, 3.2% y/y “core” inflation As the last major economic release ahead of next week’s Federal Reserve Monetary Policy meeting, the US CPI report may...
Here’s the coming week’s detail on US economic releases, per Briefing.com calendar: The August CPI report is due Wednesday, September 11th, 2024, before the opening bell. Investors are expecting...
Recent lacklustre key US economic growth-related data; ISM Manufacturing PMI & ADP Employment Change reinforced the recent bout of JPY strength. Bearish elements in the JPY crosses Index suggest...
When global stock indices tank, the Japanese yen is usually a big beneficiary of the risk-off trade. The weaker-than-expected JOLTS Job Openings survey is weighing on the US dollar. If 143.50 gives...
USD/JPY drifts back below 147.00 area; tests support trendline Technical picture signals bearish trend continuation USD/JPY was unable to maintain its strength on Tuesday despite briefly surpassing...
The USD/JPY pair has slightly increased, rising to 145.95 on Wednesday morning. This movement marks a rebound from two-week lows, though it is still early to suggest a significant reversal in the...
All eyes on US core PCE and consumption as bets for 50-bps cut stall Dollar is headed for weekly gains but Nasdaq has a disappointing week Euro on the backfoot as soft Eurozone CPI cements September...
Well, it looks like the day before yesterday’s implied volatility ramp higher came back to bite the market yesterday. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500...
The Japanese yen is considerably lower on Thursday. In the North American session, USD/JPY rose as much as 0.69% today but has pared most of those gains and is trading at 144.93, up 0.25%. Tokyo Core...
USD/JPY is at 145.31 in a channel and a range. We are looking for a continuation to the R4/ATR target at the 146.00 area. We anticipate a bearish reaction there. Watch the DX for direction, as it...
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