Share: GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the United Kingdom (UK) were softer, but most data supports the Bank of England’s (BoE) case for a rate hike at its upcoming meeting. The GBP/USD
© Reuters. Investing.com — Most Asian currencies rose slightly on Friday, recovering a measure of steep losses this week as the dollar retreated from two-month highs, although concerns over rising U.S. interest rates remained in play. Regional markets were also cheered by the prospect of more stimulus measures in China, after the People’s Bank (PBOC)
US Dollar (DXY) Analysis Recommended by Richard Snow Get Your Free USD Forecast Longer Dated Yields Soar to Impressive Levels US Treasury yields, particularly those with longer investment horizons, continue to press on. The chart below highlights the recent consolidation in the shorter-term 2-year yield (Green) and rise of longer-dated yields as indicated with by
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, YCC, JGB, Yield Spreads, Daly – Talking Points USD/JPY is eyeing new highs after stretching north this week The BoJ is on traders’ minds, but intervention may not be seen The Fed is forecast to be on hold, but if Treasury yields gain, will it boost USD/JPY? Trade
Bank of America (BofA) outlines three primary reasons why dips in the USDJPY exchange rate are likely to be both shallow and short-lived. Despite the Bank of Japan’s (BoJ) recent adjustments to its Yield Curve Control (YCC), BofA maintains its expectation for USDJPY to rise to 147 by September. Key Points: Unlikely Capital Repatriation: BofA
