US Dollar Takes a Breather after Fed Hawks Boosted it. Will USD/JPY Climb Again?
US Dollar, USD/JPY, AUD, NZD, Fed, China, Crude Oil, Gold – Talking Points US Dollar resumed strengthening but softens in Asian trade The Fed reminded markets of their intention and equities responded If China’s reopening goes smoothly, will the USD be impacted? Recommended by Daniel McCarthy Forex for Beginners The US dollar is slightly weaker […]
USD/JPY bulls hesitate around mid-130.00s as upbeat Japan data tease BoJ hawks
USD/JPY struggles to extend week-start rebound amid strong statistics from Tokyo. Japan’s Unemployment Rate remains unchanged but Industrial Production, Retail Trade cross market forecasts in December. Mixed sentiment, hawkish concerns surrounding BoJ keeps Yen pair sellers hopeful. US CB Consumer Confidence, risk catalysts will be crucial ahead of the FOMC. USD/JPY grinds higher around 130.50 […]
USD/JPY slides below 130.00 as upbeat Tokyo CPI pleases BoJ hawks ahead of Fed’s preferred inflation
USD/JPY takes offers to refresh intraday low, fades bounce off weekly bottom. Firmer prints of Tokyo CPI for January renews hawkish concerns over BoJ and weigh on Yen prices. Mixed concerns surrounding Fed’s next move, hopes of BoJ’s hawkish turn also please USD/JPY bears. Fed’s preferred inflation gauge eyed for clear directions ahead of next […]
Euro clears 9-month peak as ECB hawks let fly By Reuters
© Reuters. FILE PHOTO: U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Wayne Cole SYDNEY (Reuters) – The euro scaled a nine-month high on the dollar on Monday as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal […]
EUR/USD clings to mild gains near 1.0850 as ECB, Fed hawks jostle amid recession concerns
EUR/USD grinds higher around intraday top as it braces for the second consecutive weekly gain. Although Fed officials also sync the tune with ECB hawks, hopes of shorter recession in Europe favor bulls. Downbeat US data renew economic fears surrounding the world’s largest economy and probe DXY bulls. ECB President Lagarde’s speech, Fed talks before […]