Etiqueta: DailyFX – Market News

Japanese Yen Retreats as US Dollar Takes Flight Despite Debt Debacle. Higher USD/JPY?

The Japanese Yen slipped again on Monday as the US Dollar ascendency continued despite the uncertainty surrounding the US debt ceiling issue. If a solution remains elusive, will it lift USD/JPY?

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US Dollar Leaps with Treasury Yields as Debt Ceiling Takes Centre Stage. Lower EUR/USD?

The US Dollar made strong headway to round out last week with Treasury yields moving north but the debt ceiling lingers as a potential driver of market sentiment. Will the USD rally continue?

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Markets Week Ahead: Gold, S&P 500, US Dollar; Powell, Debt Ceiling, Australia Jobs, Germany ZEW, China Data

Markets will be looking for cues from Fed Chair Jerome Powell after hawkish remarks from Fed officials raised doubts on whether the US central bank will pause at its next meeting. With more evidence of weakness in the post-Covid recovery in China, concerns regarding the US debt ceiling and US banking sector, the positive drivers for markets are dwindling, just as the earnings season draws to a close.

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Crude Oil Market Outlook Darkened by Debt Ceiling Debacle and Recession Risks

Crude oil prices are likely to remain subdued in the near term, with growing U.S. recession fears and the debt ceiling impasse weighing on market sentiment and risk appetite.

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