BoJ Stands Firm, CPI Up Next!
The BoJ maintained its stance on interest rates as many Yen pairs jumped in the early session. Over in the UK, inflation is still heightened as the cost of living remains close to a 40-year high. Inflation fell to 10.5% in the year to December, compared to 10.7% in November. Timestamps USDJPY 01:40 GBPUSD 03:00 […]
Market Update – January 11 – Dollar stands still ahead of Thursday’s CPI
Treasuries were more unidirectional while Yields have crept higher led by the long end. The curve has bear steepened to -65.6 bps from -68 bps Monday and -74 bps before Friday’s data. Wall Street was very choppy, trading either side of unchanged, after a positive opening. Chair Powell did not […]