β οΈ US Government Shutdown Risks Delay of Jobs Report, Dollar Selling Dominates
β οΈ US Government Shutdown Risks Delay of Jobs Report, Dollar Selling Dominates π Shutdown and Its Impact The US Senate failed to pass a stopgap budget β partial government shutdown has begun. Weekly jobless claims report has already been postponed. The Nonfarm Payrolls (NFP) is now at high risk of being delayed, adding to USD […]
US Government Shutdown Clouds NFP Release
β οΈ US Government Shutdown Clouds NFP Release π Impact of US Government Shutdown The US Senate failed to pass a stopgap budget β partial government shutdown. This raises the risk that key data such as Nonfarm Payrolls (NFP) and weekly jobless claims could be delayed. NFP is one of the most important indicators for global […]
π Entering a New Month: Nervous Trading Ahead of U.S. Jobs Report
π Entering a New Month: Nervous Trading Ahead of U.S. Jobs Report π Key Focus This Week U.S. Nonfarm Payrolls (Sep 27, Fri) β Forecast: +50k jobs. Unemployment rate and average hourly earnings will also be closely watched. A series of leading indicators before the NFP are likely to drive flow-based moves: Sep 24: JOLTS […]
π± USD/JPY Nears the 150 Barrier β Market Split Between Breakout and Pullback
π± USD/JPY Nears the 150 Barrier β Market Split Between Breakout and Pullback β Market Overview The stronger-than-expected U.S. Q2 GDP revision boosted dollar buying, sending USD/JPY to 149.93 in New York and 149.96 in Tokyo, just shy of the psychological 150 level.Heavy selling capped the advance, pulling the pair down to 149.62, but a […]
π Weekly Open: Flurry of Central Bank Comments, Dollar Strength Faces Correction
π Weekly Open: Flurry of Central Bank Comments, Dollar Strength Faces Correction Market Overview At the start of the week, FX markets opened relatively calm. Scheduled data releases include: Turkey Consumer Confidence (Sep) Hong Kong CPI (Aug) Canada Industrial Product Prices (Aug) Eurozone Consumer Confidence (flash, Sep) These indicators are unlikely to significantly shift the […]
π Focus at the Start of the Week: Flurry of Policymaker Speeches Brings Pressure for Dollar Adjustment
π Focus at the Start of the Week: Flurry of Policymaker Speeches Brings Pressure for Dollar Adjustment Market OverviewThe FX market opened the week on a relatively calm note, with few economic data releases scheduled. Key items include: Turkey Consumer Confidence Index (September) Hong Kong CPI (August) Canada Industrial Product Prices (August) Eurozone Consumer Confidence […]
π Weekly FX Outlook: Officialsβ Remarks Dominate, Dollar Rally in Pause Mode
π Weekly FX Outlook: Officialsβ Remarks Dominate, Dollar Rally in Pause Mode β Market Background The week opened with a calm tone as no major economic data was scheduled. Only a handful of second-tier releases are on tap: Turkey Consumer Confidence (Sep) Hong Kong CPI (Aug) Canada Industrial Product Prices (Aug) Eurozone Consumer Confidence (flash, […]
π± Busy Week Start with Central Bank Speakers, Dollar Strength Pauses for Adjustment
π± Busy Week Start with Central Bank Speakers, Dollar Strength Pauses for Adjustment π Limited Guidance from Economic Data The new week begins quietly, with few major economic releases. Scheduled data include: Turkey Consumer Confidence Index (September) Hong Kong CPI (August) Canada Industrial Product Prices (August) Eurozone Consumer Confidence Index (flash, September) None are expected […]
π BOJ Holds Policy Rate, Announces ETF Sales β Market Reads a Hawkish Signal
π BOJ Holds Policy Rate, Announces ETF Sales β Market Reads a Hawkish Signal β Policy Decision Rates: Unchanged (7β2 vote). Board members Takata and Tamura argued for a hike to 0.75%, marking the first dissent under Governor Ueda. ETF & REIT Sales: BOJ will begin selling its ETF and REIT holdings. Ueda explained that […]
FOMC Passed with Limited USD Rebound; Focus Shifts to BOE Policy Decision
π± FOMC Passed with Limited USD Rebound; Focus Shifts to BOE Policy Decision π¦ FOMC Outcome & Market Reaction The Federal Reserve delivered a 25bp rate cut, fully in line with expectations. The dot plot signaled two more cuts by year-end, matching market consensus. Chair Powell emphasized a balanced focus on employment and inflation, maintaining […]