Milei, on the left, leads Massa in the final polls Latin America’s second largest economy heads to the polls today in a major election featuring an outsider taking on Peronist economy minister Sergio Massa. Javier Milei has made major waves in saying he would abolish the central bank and dollarize the economy. A similar experiment
There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should be
UK Average Earnings Moderate Slightly in August The UK’s Office for National Statistics released earnings data for the month of August, revealing lower than anticipated numbers. Three-month average earnings, a data point closely watched by the Bank of England as it can contribute to elevated prices and a wage price spiral, eased more than anticipated
A heads up for thinned-out liquditity in Asia time here on Monday, 9 October 2023 with Japanese markets closed for a holiday. Japanese banks will not be marking markets in FX today, this leaves Singapore, Hong Kong Australia and New Zealand as the active major forex centres. Trade in cash US Treasuries will be basically
US Dollar, USD/JPY, DXY Index, Japanese Yen, Treasury Yields, JGB, BoJ, Kanda – Talking Points The US Dollar ascent continued overnight with the DXY making a new high Firm US data underpinned interest rate markets with firming Treasury yields JGB yields are static. Will that see intervention in USD/JPY at some stage? Recommended by Daniel
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Monday, but is on course for a monthly loss as traders weigh up the possibility of an end to the Federal Reserve’s tightening cycle, while the Japanese yen weakened in the wake of the Bank of Japan’s monetary policy shift. At 03:10
A broad review of the technicals from a short and long term perspective As the week comes to a close in Europe, what does the price action from the EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United
