Japanese Yen Rallies on Bank of Japan’s Ueda Comments. Will USD/JPY Reverse?

The Japanese Yen found firmer footing today with BOJ Governor Ueda opening the prospect of further adjustments to the bank’s monetary policy. Have we seen the peak in USD/JPY?

from DailyFX – Market News https://ift.tt/Q53vmib
via IFTTT

Markets Week Ahead: Euro, ECB, US Dollar, Gold, Treasuries, US CPI, AUD/USD, Jobs Data

The Euro fell for 8 consecutive weeks, will a 9th spell the longest losing streak since 1997 with the ECB due? Meanwhile, the US Dollar, gold and Treasuries await likely mixed US CPI data. AUD/USD faces Australian jobs data. What else?

from DailyFX – Market News https://ift.tt/Cg6N2Jm
via IFTTT

USD/JPY Price Forecast: Yen Ready to Take on USD According to Japanese Officials

USD/JPY is approaching intervention territory as the pair heads towards the 150 mark. Upcoming US CPI is likely to provide short-term directional guidance this week.

from DailyFX – Market News https://ift.tt/SgnC1p4
via IFTTT

USD/CAD Dips on Solid Canadian Data but Broader Outlook Tied to US Inflation

USD/CAD slides in reaction to strong employment growth in Canada, yet the broader direction of the pair could be more closely tied to the forthcoming U.S. inflation report next week.

from DailyFX – Market News https://ift.tt/TYLc7wg
via IFTTT

EUR/USD Price Forecast: Euro Teeters at 1.07 Ahead of ECB Rate Announcement

The euro tries to defy a break below 1.07 as euro area economic data continues to paint a bleak picture. EUR/USD could be in for more pain if the ECB does not raise rates.

from DailyFX – Market News https://ift.tt/H26MsjS
via IFTTT