USD/JPY ANALYSIS & TALKING POINTS Poor Japanese economic data keeps USD/JPY supported. US CPI expected lower after PPI miss yesterday. 150 retest on the cards. Supercharge your trading prowess with an in-depth analysis of the Japanese Yen outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide now! Recommended by
Following up on this from last week: More: ANZ … targeting a move toward 150. The bank believes that this trajectory will hold unless there’s a substantial shift in the rate outlook for either the U.S. or Japan. While intervention from policymakers could pose a risk, ANZ anticipates that mere verbal intervention, or “jawboning,” will
POUND STERLING ANALYSIS & TALKING POINTS German GFK Consumer Confidence places EUR on the backfoot. US CB Consumer Confidence & JOLTs under the spotlight later today. Hesitancy shown on both GBP/USD & EUR/GBP charts. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD & EURGBP FUNDAMENTAL BACKDROP The British pound managed to find some
© Reuters. A man wearing a face mask as a protective measure against the coronavirus disease (COVID-19) walks past the entrance of the Buenos Aires Stock Exchange, a day after midterm primary elections, in Buenos Aires, Argentina September 13, 2021. REUTERS/Agustin By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping
Comments on USD/JPY via MUFG: market is already leaning towards a weaker USD We therefore do not expect the USD/JPY to rise past 150 However, the weakening of the Yen suggests that we cannot write off another sharp move higher like the rise to 145 at the end of June. In the US, we expect
European Central Bank President Lagarde spoke in an interview with French media outlet Le Figaro published on Sunday. In brief: “I hear some people say that the final rate hike will take place in September. There could be a further hike of the policy rate or perhaps a pause.” “Inflation is undoubtedly falling” “The second
