Today’s Market Outlook Focus on the FOMC Minutes as Markets Search for Direction in the U.S. Dollar
Today’s Market Outlook Focus on the FOMC Minutes as Markets Search for Direction in the U.S. Dollar ■ Market Summary The U.S. dollar is weaker and the yen is firmer in today’s FX market. The Dollar Index peaked near 99.692 during the Tokyo morning session before falling to around 99.396 in early London trading. It […]
USD/JPY Approaches 160 Again as Middle East Risks Ease Slightly
USD/JPY Approaches 160 Again as Middle East Risks Ease Slightly USD/JPY has risen into the upper 159 range and is once again approaching the psychologically important 160 level. The main drivers behind the move are: Ongoing interest rate differentials between the United States and Japan Risk appetite supported by strong equity markets A renewed expansion […]