europefx

Key Takeaways: 💱 Japanese officials warn of potential intervention in currency markets 📈 USDJPY pair reaches 34-year high of 153.24 due to stronger dollar 📉 Pair retreats to around 152.84 after remarks from Finance Minister Suzuki ⚠️ Fear of intervention leads to some yen strength 💵 Higher U.S. interest rates expected to weigh on the … Read more

Key Takeaways 💵 The US dollar surged to a 34-year high against the yen after US inflation data increased more than expected in March. 📈 Market participants anticipate a delay in the first Fed rate cut to September from June due to rising inflation. 🔍 Traders have reduced bets on a Fed rate cut in … Read more

Key Takeaways 💵 The US dollar surged against the Japanese yen to its highest level since mid-1990 📈 US inflation data exceeded expectations, leading to revised expectations for Fed rate cuts 📉 Traders adjusted bets on Fed rate cuts, with lower expectations for June and higher probabilities for September 💱 The dollar index against major … Read more

Key Takeaways: 💹 The US dollar reached its highest level against the Japanese yen since 1990 📈 Latest U.S. inflation data exceeded expectations for both monthly and annual increases 🌏 Japan has intervened in the currency market several times in 2022 to prop up the weakening yen 💵 Yen futures data showed a surge in … Read more

Key Takeaways: 💵 Yen weakened against the dollar to its highest level since 1990 📈 US inflation data showed higher than expected increases in CPI, with 0.4% monthly and 3.5% annual growth 💹 Core inflation excluding food and energy components also rose more than expected, by 0.4% monthly and 3.8% annually 📊 Dollar reached 152.47 … Read more

Key Takeaways: 💵 Dollar is steadying ahead of US inflation data 👀 Traders keeping alert for Japanese intervention to prop up yen 🇺🇸 Main focus is on U.S. consumer price inflation data for March 📈 Possibility of U.S. Fed cutting rates, odds set at 50% 📉 Lower than 0.3% inflation could weaken dollar 📊 U.S. … Read more

Key Takeaways: 💵 Dollar firms ahead of US inflation data 📉 Yen remains near multi-decade lows 🇺🇸 Main focus on U.S. consumer price inflation for March 📊 Odds of first Fed rate cut in June at 50% 📈 Solid inflation number could boost dollar 🌏 Kiwi up after Reserve Bank of New Zealand keeps rates … Read more

BOJ Chief Ueda Stands Firm on Policy in Face of Weak Yen

Key Takeaways 💵 Most Asian currencies remained stable on Wednesday 📈 Dollar steadied as anticipation of U.S. inflation data increased 🇯🇵 Yen close to weakest level in 34 years 📊 Dollar index futures hovering around the 104 level 📆 Focus on upcoming consumer price index inflation data for March 💡 Sticky inflation trend could impact … Read more

Key Takeaways: 💵 Investors await U.S. inflation data for potential impact on dollar 📈 U.S. rate futures market raises June rate cut odds to 58% 🌍 Geopolitical risks could boost demand for safe-haven assets like the dollar 🛡️ Strong dollar helps curb inflation by making imported goods cheaper 🏦 Bank of Japan may consider reducing … Read more