EUR/USD remains sideways around 1.0830 amid ambiguity in risk profile, US PPI eyed
EUR/USD is in a rangebound territory as solid yields are weighing on risk-perceived currencies. The release of the US PPI will provide more cues about inflation projections. According to Bloomberg’s poll, the ECB is expected to find an interest rate peak at 3.25%. The EUR/USD pair has continued to trade rangebound near 1.0830 in the […]
We could see another USD/JPY sell-off of roughly 3% – Goldman Sachs
As markets brace for Wednesday’s Bank of Japan (BoJ) monetary policy meetings, multiple investment banks and analysts convey their forecasts for the USD/JPY pair that’s been lately gaining more attention, especially after the BoJ’s tweak to the Yield Curve Control (YCC). Analysts at Goldman Sachs (GS) are from the same lot and anticipate the Yen […]