USD/JPY Outlook: Ueda’s Hawkish Stance Lifts Yen
The BoJ's Ueda reaffirmed his commitment to raising rates if inflation rises sustainably. Economists believe that Japan's central bank will raise rates once again before the end of the year.…
The BoJ's Ueda reaffirmed his commitment to raising rates if inflation rises sustainably. Economists believe that Japan's central bank will raise rates once again before the end of the year.…
Britain's flash composite PMI revealed an increase from 52.8 to 53.4 in August. The pound rose 2% in August as the dollar weakened. Markets await Powell's speech later in the…
Markets are fully pricing in a September Fed rate cut of 25 basis points following the minutes of the FOMC meeting. Oil prices fell on Wednesday amid growing concerns about…
The dollar fell after Fed minutes confirmed expectations of a September Fed rate cut. Eurozone business activity strengthened in August. Agreed wage growth in the eurozone moderated in the second…
Fed policymakers gradually gained confidence that inflation would reach 2%. Markets are pricing in a rate cut of 50 or 25 basis points in September. On Tuesday, the ECB's Olli…
Investors are speculating ahead of key speeches from top policymakers at the Fed and the Bank of Japan. Markets are implying an over 70% chance of a September Fed rate…
RBA policymakers considered a rate hike at their last meeting. Markets are implying an 84% chance of an RBA rate cut in December. Markets estimate a 75.5% chance of a…
The Canadian dollar strengthened as risk sentiment improved. Economists expect inflation in Canada to decrease from 2.7% to 2.5% in July. Traders will focus on Powell's speech at the end…
The likelihood of a 50 basis point Fed rate cut in September fell due to better-than-expected data. This week, traders will be watching the Jackson Hole Symposium. Bank of Japan…
UK retail sales rose 0.5% in July after falling 0.9% the previous month. UK GDP data reveals expected growth of 0.6% in Q2. All the focus will be on Powell's…