USD/JPY Forecast: Dollar Surges to Critical $160.00 Level
The dollar rose on Tuesday after Fed policymakers maintained a cautious tone. Lisa Cook's Fed rate cut would depend on incoming data. The BoJ is under heavy pressure to raise…
The dollar rose on Tuesday after Fed policymakers maintained a cautious tone. Lisa Cook's Fed rate cut would depend on incoming data. The BoJ is under heavy pressure to raise…
Inflation in Australia rose at an annual rate of 4.0% in May. The probability of an RBA rate hike in November has risen to 60%. Markets are eagerly awaiting the…
The dollar fell ahead of more inflation data from the US. The euro could end the month with a loss of 1%. Markets will pay attention to Thursday's presidential debate.…
BoC Governor Tiff Macklem said the economy could grow as inflation eases. Traders have a 72% chance of another Bank of Canada cut in July. Economists expect data from the…
Economists believe that a rate cut in the UK is imminent. UK sales rose 2.9% in May after falling 1.8% in April. Market participants await the US PCE price index…
The yen lost 1.4% against the dollar in June. The Bank of Japan has refrained from raising interest rates further due to weak economic demand. Investors are gearing up for…
The Reserve Bank of Australia kept rates on hold but discussed the possibility of a hike. The US released data showing weaker-than-expected retail sales. Business activity data revealed stronger-than-expected expansion…
US retail sales were weaker than expected, pointing to lower consumer spending. US continuous claims hit new highs, pointing to increased unemployment. Canada will release data on inflation and GDP,…
Initial US jobless claims fell from 243,000 to 238,000 last week. The probability of a Fed tapering in September fell to 58%. The Swiss National Bank cut interest rates for…
The Swiss National Bank lowered interest rates on Thursday. The Bank of England kept rates at 5.25% after inflation data the previous day revealed a drop to 2%. BoE policymakers…