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10-year rates increased yesterday by roughly four bps to close at 4.23% following a stronger-than-expected JOLTS report. The report overlooked healthy, in my view, with the layoffs in October lower...
USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a...
Markets were up on the broader index but mixed overall, with 319 names lower in the S&P 500 and 180 higher. The day was uneventful from an equity market standpoint, but we saw big moves in FX,...
EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential. Meanwhile, December is the most bearish month of the year for USD/JPY, and it’s carrying bearish short-term...
The USD/JPY is lower on Monday. In the European session, USD/JPY is trading at 150.03, up 0.26% on the day. Ueda Says Rate Hike Is “Nearing” Bank of Japan Governor Ueda has been hinting about a rate...
US bond breakout drives USD/JPY to six-week lows below 150 Payrolls data holds the key to yen’s next big move Strong jobs could reverse Treasury gains and lift USD/JPY Weak data risks accelerating...
This will be a full week of trading with significant market-moving economic data on the agenda. It begins Monday with the ISM Manufacturing report and concludes Friday with the Jobs report. However,...
The Japanese yen has surged higher on Friday after a strong inflation release. In the European session, USD/JPY is trading at 150.19, down 0.87% on the day. Earlier, the yen has broken below the...
Tokyo inflation tops forecasts, firming BoJ rate hike bets USD/JPY breaks 200DMA, extending Monday’s bearish break 150, 147.20 downside levels to watch Overview An upside inflation surprise, signs...
The Japanese yen is lower on Thursday, after climbing 2.4% over the past two trading sessions. In the European session, USD/JPY is trading at 151.83, up 0.57% on the day. On the data calendar, Japan...
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