USD/JPY Analysis and Charts USD/JPY is close to 2022’s high of 151.94 That in turn was a 30-year top Strong US consumer price numbers could see the Dollar smash through this again Learn How to Trade USD/JPY With our Complimentary Guide Recommended by David Cottle How to Trade USD/JPY The Japanese Yen was lower against
POUND STERLING ANALYSIS & TALKING POINTS BoE sentiments keep downward pressure on sterling. Fed officials will be the primary focal point for today’s US trading session. GBP/USD pullback may be short-lived. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key
© Reuters Investing.com – The U.S. dollar weakened in early European trade Friday, extending earlier losses as traders positioned for the end of the Federal Reserve’s rate-hiking cycle, although moves have been limited ahead of the release of key nonfarm payrolls data later in the session. At 03:20 ET (07:20 GMT), the Dollar Index, which
The old adage is that magazine covers are a jinx. That’s particularly true with The Economist but Barron’s has had some doozies, including making the case for Pfizer earlier this year (it’s down 40% since). The cover this week certainly raised alarm bells but it may prove to be one of the better-timed calls in
US Dollar (DXY) News and Analysis Fed holds interest rates but nods to ever tightening conditions Are US treasuries signaling a peak in US interest rates? Markets turn to fundamental data to gauge the effect of restrictive policy The analysis in this article makes use of chart patterns and key support and resistance levels. For
If inflation meets forecast, then no more rate hikes are needed Backs reopening discussion on PEPP timetable We have to live with current uncertainty Oil prices are an upside risk to inflation This just conforms to market expectations that they are already done with rate hikes. As for the PEPP topic, it’s not quite unanimous
Share: Federal Reserve (Fed) Bank of New York President John Williams said on Friday that the central bank may be done raising interest rates since inflationary pressures are going back towards the 2% target, although still elevated. Key quotes “Monetary policy is having the desired effects on the economy.” “Fed is at or
NY Fed President Williams is a speaking and says: Monetary policy is having the desired effects on the economy Fed is at or near peak for federal funds rate. Fed will need restrictive policy stance for some time to achieve goals. Sees inflation ebbing to 3.25% this year, heading to 2% in 2025. Future is
Share: USD/JPY refreshes YTD top during the Asian session on Monday, albeit lacks follow-through. Intervention fears, along with a softer risk tone, underpin the JPY and caps gains for the pair. The Fed-BoJ policy divergence still favours bulls and supports prospects for a further move up. The USD/JPY pair touches a fresh high