Currencies

Watch today’s US Open for insights on the USD/JPY slump on BoJ pivot hopes, Eurozone’s Q3 contraction that bolsters prospects of peak ECB rates, Friday’s US jobs report and more

The Bank of Japan (BoJ) is due to release its monetary policy statement on 19 December and there is some assumption that the central bank will end eight years of negative interest rates. Whilst this is speculative, the prospect of policy shift resulted in the yen jumping by its highest levels since January. Earlier today BoJ Governor Kazuo Ueda said that the BoJ has several options on which rates to…

The pair rebounds this week, but had a limited reaction to Wednesday’s third straight hold by the Bank of Canada, looking to Friday’s US jobs report for more direction

The pair extended its losses on Tuesday after the RBA’s dovish hold, but bounces back today despite weak AU GDP print, with the US NFPs looming

Watch today’s US Open for insights on the dovish hold by the Australian central bank, the drop in oil prices despite OPEC+ cuts, dovish ECB remarks and more

The pair falls after last week’s steep deceleration in Eurozone inflation and faces renewed pressure today, after hawkish ECB member hinted at peak rates

Watch today’s US Open for insights on the inflation deceleration in the US and Eurozone, the hawkish hold from the central bank of New Zealand, Tesla’s Cybertuck delivery event and more

The pair extends this month’s rally after the New Zealand central bank kept more tightening in play despite holding rates steady, but today’s US PCE inflation update can determine its trajectory

The central bank maintained rates at 5.5% for fourth straight meeting on Wednesday, but appeared concerned about inflation, warning of further tightening and raising its terminal rate projection

Watch today’s US Open for insights on the persistent Japanese inflation and its impact on USD/JPY, the cautious return of Wall Street from Thanksgiving and key events ahead including US and Eurozone inflation updates

The pair shows signs of exhaustion as a profitable month heads to a close, awaiting Thursday’s inflation updates from Eurozone and the US, among other releases