Learning from the Past: Cheesecake Factory and Ingredion’s Earnings Calls Reviewed by UBS
Key Takeaways: π° UBS sees potential for a medium-term decline in USD/JPY pair π Japanese yen is weak against USD, despite intervention and warnings from Bank of Japan π Global carry-trades have historically pushed USD/JPY higher β± Markets tend to move in advance of data, suggesting upward pressure on USD/JPY if U.S. data remains strong … Read more