USD/JPY Update: USDJPY Trades Above 150 as FX Intervention Looms, CPI at 3%
Japanese inflation breaches the 3% mark ahead of the BoJ’s quarterly report. Markets wary of another round of FX intervention as USD/JPY breaches crucial 150 level
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Hong Kong Dollar Peg Will Survive Stern Test by Rampant Greenback
The Hong Kong Dollar is being hammered like many other currencies by its US cousin’s surging popularity, but there seems little sign that its venerable ‘peg’ is under threat.
US Dollar Edges Higher Along with Treasury Yields as USD/JPY Scopes 150+
The US Dollar gravitated to higher ground again today as markets watch Treasury yields march north and Japanese officials stand aside. Will the USD (DXY) index make a new peak?
Serious S&P 500 Trends May Wait for Next Week’s Heavy Docket, USDJPY Keeps Climbing
The recovery effort from the S&P 500 and risk assets to start the week seems to have fallen apart these past two sessions. With a docket next week that includes US GDP, FAANG earnings and the ECB rate decision commitment may be hard to generate. However, volatility for the likes of USDJPY and GBPUSD is still very much possible.
Gold Price Outlook Looks Grim as the Weekend Nears, Eyes on Fed’s Williams and Evans
Gold prices look vulnerable heading into the weekend with XAU/USD nervously eyeing Fedspeak from policymakers John Williams and Charles Evans. What are key levels to watch?
EUR/USD Rebound Fizzles Ahead of 50-Day SMA
EUR/USD may depreciate over the coming days as the rebound from the monthly low (0.9632) appears to have stalled ahead of the 50-Day SMA (0.9902).
USD/JPY Trades Above Key Level as Investors Await BoJ Intervention: Asia-Pacific Outlook
The Japanese Yen is on track to fall for the twelfth day against the US Dollar, putting the threat of intervention at the forefront for traders. Asia-Pacific stocks look set for a mixed open.
S&P 500 Slides Ahead of Massive “Quad-Witching” Options Expiration
Stocks come undone as traders digest retail sales data and prepare for Friday’s massive options expiration.
S&P 500 Slides Ahead of Massive “Quad-Witching” Options Expiration
Stocks come undone as traders digest retail sales data and prepare for Friday’s massive options expiration.