USD/JPY Forecast: 140.0 Broken Amid Rising Fed Rate Bets
Last week, the dollar lost about 1.3% against the yen. The news revealed a strong chance of a 50 bps Fed rate cut. The Bank of Japan will meet on…
Last week, the dollar lost about 1.3% against the yen. The news revealed a strong chance of a 50 bps Fed rate cut. The Bank of Japan will meet on…
ECB President Christine Lagarde said there is no predetermined path for interest rate cuts. The probability of another 25 basis point ECB rate cut fell from 30% to 20%. Former…
The UK labor market has shown resilience, with jobless claims falling. US data showed higher than expected consumer and producer prices. Experts believe that the US central bank will cut…
The dollar fell on renewed bets on a September Fed rate cut of 50 bps. Several Bank of Japan policymakers have sought support for more rate hikes. Investors will focus…
News outlets reported that a 50 basis point Fed rate cut next week was very difficult. Gold traders cheered the likelihood of an easing of aggressive policy. The probability of…
Former Fed official Bill Dudley said there was a strong case for a 50 bps rate cut. The probability of a 50 bps rate cut rose from 28% to 45%.…
Investors expect the European Central Bank to cut borrowing costs by 25 basis points. The dollar remained steady after the US consumer inflation report. The CPI report suggested a slow…
The US consumer inflation report showed a 0.3% jump in core inflation in August. The probability of a 50 bps rate cut fell to 15%. The UK economy stagnated in…
The BoJ will continue to raise interest rates if inflation comes in as expected. Economists predict at least one rate hike before the end of the year. Investors are gearing…
Tuesday's presidential debate weighed on the dollar as Kamala Harris came out stronger. Analysts expect a cooler price pressure in the US of 2.6% on an annual basis. The Canadian…