US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?

The US Dollar descent continued going into today’s much anticipated US CPI data point. The Japanese Yen has moved into the box seat with speculation of the BoJ shifting gears.

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All eyes on US CPI ahead, with mixed session in Asia: DJIA, USD/JPY, NZD/USD

The usual cautious lead-up to the US CPI release has failed to deter risk appetite in Wall Street overnight, as major US indices pushed higher on strength in value sectors.

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New Zealand Dollar Dipped Initially and Recovered After the RBNZ Left its Cash Rate Alone

The New Zealand Dollar missed a beat after the RBNZ hit the pause button in its actioned packed hiking cycle. Will NZD/USD break the top end of the range?

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