USD/JPY Price Analysis: Yen Strengthens as US Data Disappoints
US stocks fell in the previous session after poor manufacturing data. The US ISM manufacturing PMI came in at 47.2, below the forecast of 47.5. Economists expect US employers to…
US stocks fell in the previous session after poor manufacturing data. The US ISM manufacturing PMI came in at 47.2, below the forecast of 47.5. Economists expect US employers to…
US data revealed continued contraction in the manufacturing sector. Wall Street and risk-sensitive currencies such as the Australian dollar fell on Tuesday. Australia's economy remained sluggish in the second quarter.…
Oil prices fell on Tuesday as concerns about Chinese demand intensified. Market participants awaited the key US non-farm payrolls report. Economists expect the US unemployment rate to drop slightly to…
Investors were eyeing the upcoming US non-farm payrolls report. Economists forecast an increase of 165,000 jobs in the US in August. Data from Japan revealed that the manufacturing PMI contracted…
House prices in Australia rose in August, continuing an established upward trend. Investors estimate a 78% chance of an RBA cut in December. Experts predict an improvement in the US…
Market focus shifted from inflation to US employment data. US PCE data revealed an expected increase of 0.2%. Eurozone services inflation remained high, dampening bets on an ECB rate cut.…
The Canadian dollar strengthened due to rising oil prices. American consumer confidence rose and the economy expanded faster than expected. The Canadian economy did not show expansion, missing expectations for…
The US economy remains resilient despite high interest rates. The data raised the likelihood of a gradual Fed rate cut cycle. Inflation in the Eurozone decreased from 2.6% to 2.2%,…
The pound remains one of the top performing currencies against the US dollar. The Fed is more willing to cut borrowing costs than the Bank of England. US GDP data…
The core US PCE price index will show whether price pressures are falling fast enough to warrant a 50 basis point rate cut. US GDP increased by 3.0% in the…