This was in part why the Japanese yen has started off on a weaker note in European morning trade, with the report stating that BOJ officials are seeing little need to hastily end negative interest rates amid a lack of evidence of wage growth that would support...
USD/JPY further retraces the Thursday drop from last week
USD/JPY daily chartThe high in the last hour touched 146.45 as buyers are retracing further the drop from Thursday last week, which came after markets interpreted BOJ governor Ueda's remarks to signal an imminent policy shift. That also squeezed out USD/JPY longs,...
European equities observe a more lethargic mood to start the new week
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FX option expiries for 11 December 10am New York cut
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A rather quiet calendar day beckons in European trading
The dollar is keeping steadier to start the new day as traders are gearing up for quite a number of key risk events in trading this week. We'll have the US CPI data coming up tomorrow before the FOMC meeting on Wednesday, followed by the SNB, BOE, and ECB policy...
Goldman Sachs brings forward expectations for Fed rate cut timing to Q3 next year
They note that: "Recent inflation data have been an encouraging surprise even to our optimistic expectations, and our forecast path for year-on-year core PCE inflation has fallen somewhat as a result. .. We are therefore pulling our forecast of the first cut forward...
ForexLive Asia-Pacific FX news wrap: USD/JPY rises above 145.50
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China’s deflationary CPI data sends yuan to 3-week low
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FOMC preview and look ahead – no rate cut in March 2024
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Pensions giant invests US $20m into a UK crypto derivatives trading platform
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Bank of America cautions investors on overly optimistic rate cut predictions
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USD higher in Asia trade – AUD notable loser
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European Central Bank’s McCaul speaking on Greece on Monday
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Bitcoin dropping sharply back under US $43K
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More on Ueda remark taken out of context by the market, the report shifted USD/JPY
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Federal Open Market Committee (FOMC) preview and outlook further ahead
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Bearish Reversal Pattern Detected on NASDAQ 100 E-mini Futures Hourly Chart
Indicators:NQ technical analysis for 11 Dec 2023Nasdaq technical analysis for the short term, 11 Dec 2023:The NASDAQ 100 E-mini Futures hourly chart shows a rising wedge pattern, which is a bearish reversal pattern. The price is making higher highs and lower lows, but...
A US fighter jet F-16 has crashed into into the Yellow Sea off the Korean Peninsula
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PBOC sets USD/ CNY mid-point today at 7.1163 (vs. estimate at 7.1690)
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