USD/JPY Up as Data & Fed-Speak Support the Greenback
The pair heads towards its best week of the year after this week’s hotter than expected consumer and factory gate inflation from the US, as well as continued hawkish comments by Fed officials
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The pair heads towards its best week of the year after this week’s hotter than expected consumer and factory gate inflation from the US, as well as continued hawkish comments by Fed officials
Watch today’s US Open for commentary on the latest data from the US that put pressure on Wall Street, the lower than expected UK inflation and its impact on GBP/USD, the recent earnings releases and more
The pair comes from two straight negative weeks, but tries to stop its losing streak, as it bounces off of critical tech levels
US crude oil inventories rose last week according to the latest data, but prices are supported by strong demand outlook for the year, due to China’s reopening
Australian Unemployment rose to the highest in eight months and the pair’s kneejerk reaction was lower, but quickly covered the losses
The precious metal is having a bad month and tests critical tech levels after Tuesday’s higher than expected inflation figures and renewed hawkish commentary by the Fed
The tech-heavy index faces headwinds after yesterday’s US CPI inflation report and hawkish Fed remarks that support the recent more aggressive market expectations around the terminal rate
The CEO of Tesla and Twitter has shared some doge-related tweets this week, helping DOGE/USD higher, amidst renewed regulatory scrutiny around the broader crypto industry
Watch today’s US Open for commentary on the just released US CPI inflation data and the reaction of EUR/USD and NAS100, insights on Disney’s recent quarterly results and more
The commodity jumped on Friday after Russia said it will cut output next month, but dropped on Monday as the US announced a sale of its reserves (SPR), with markets now bracing for the US Inflation update
The pair made a strong start to the week and trades mixed after the UK employment report, as markets brace for CPI inflation updates from the US today and the UK tomorrow
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