Today’s Market Outlook All Eyes on the FOMC: Will the Stagnant Dollar Market Finally Break into Motion?
Today’s Market Outlook All Eyes on the FOMC: Will the Stagnant Dollar Market Finally Break into Motion? ■ Market Overview The Federal Open Market Committee meeting is today’s most important market event. Although the base-case scenario is for the Federal Reserve to leave interest rates unchanged, markets are still assigning a meaningful probability to another […]
Today’s Market Outlook Dollar Weakness and Yen Weakness Intersect as Markets Turn to U.S. PPI and Middle East Risks
Today’s Market Outlook Dollar Weakness and Yen Weakness Intersect as Markets Turn to U.S. PPI and Middle East Risks ■ Market Overview The Tokyo session has been shaped by a combination of U.S. dollar weakness and Japanese yen weakness. Yesterday’s U.S. CPI report came in below market expectations, pushing Treasury yields lower and triggering broad […]
US FOMC & Bank of Canada Rate Decision – Priced in or a Surprise?
US FOMC & Bank of Canada Rate Decision – Priced in or a Surprise? Today, the market’s focus is on two major events: the US FOMC and the Bank of Canada (BOC) rate decision. However, since both are largely priced in, unless there is a surprise, the market reaction is expected to be relatively calm. […]
Adjustment-driven timing, ahead of next week’s FOMC
Today, the Nikkei average is experiencing volatile trading, which is typical for SQ (Special Quotation) week. There was a moment when it dropped by 700 yen, marking the largest decline of the year. There is also a partial reversal in yen-selling positions for USD/JPY and cross-yen pairs. However, it doesn’t seem that risk aversion sentiment […]