USD/JPY rises as market see a BoJ rate hike this week
The pair drops as the Japanese central bank see strong wage growth for next year, bolstering the chances of tightening just a week after the Fed cut rates.
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The pair drops as the Japanese central bank see strong wage growth for next year, bolstering the chances of tightening just a week after the Fed cut rates.
The pair finds support as the contraction of the UK economy bolters the case for a rate cut by the Bank of England, but persistent inflation can keep it in cautious mode.
HKG33 finds support after consumer prices accelerated in November, but deflation fears persist
The pair drops after the Australian central bank kept rates unchanged and delivered a hawkish message, while USD faces headwinds from Fed rate cut bets.
USOIL tries to maintain its momentum from last week’s advance amid Fed rate cut bets and ongoing Ukraine war, but supply-demand dynamics remain unfavorable.
Despite avoiding it last week, risk of new 2024 low remains high as the Fed heads to a shallower easing path, while the ECB may need to remain aggressive
Copper breached 4.000 for the first time in four months as markets assess Trump’s potential impacts, but finds tries to find reprieve after China announced the end of export tax rebates
The pair heads towards a losing as markets try to decode the potential impact of a Trump administration amid pro-oil policy and China tariff threats
The victory of Donald Trump in last week’s elections send Wall Street soaring, with US 2000 outperforming the broader SPX500
Although its major peers are cutting rates, the RBA does not go do down this road and the Aussie reacts higher
The pair drops and heads towards its worst month of the year, as Australian inflation showed further moderation and is likely to add pressure to the RBA to follow its peers and start cutting rates
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