The Japanese yen was steady even as price pressures in Japan re-accelerated last month amid the growing view that inflation is peaking. What does this mean for USD/JPY, AUD/JPY, CAD/JPY, and MXN/JPY?

from DailyFX – Market News https://ift.tt/8jKNdP6
via IFTTT

Wall Street ended mixed overall, with further catch-up gains in value sectors as the DJIA delivered its nineth day winning streak.

from DailyFX – Market News https://ift.tt/zt1Jnq0
via IFTTT

Oil has lacked directional conviction after failing to break above confluence resistance last week, with prices ranging between ~$77.50 and ~$74.00 ahead of a possible breakdown.

from DailyFX – Market News https://ift.tt/CGta3TJ
via IFTTT

Gold prices gyrate lower as the U.S. dollar and bond yields rise following better-than-expected U.S. economic data ahead of next week’s key Fed decision.

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

USD/ZAR fails to reclaim the R18/$ mark despite rate pause. The ZAR could be in for some short-term pain but the bigger picture appears to finally turning a corner.

from DailyFX – Market News https://ift.tt/SME5JYi
via IFTTT