📌 February 13 – Focus on US CPI! Will the Yen Selling Trend Continue?
📌 February 13 – Focus on US CPI! Will the Yen Selling Trend Continue? ✅ Key Market Developments Today 📌 USD/JPY Rebounds to 153 Level, Yen Selling Prevails The Yen-buying trend (Trump tariffs & BoJ rate hike speculation) that persisted last week has paused. US bond yields rise & hawkish remarks from Fed Chair Powell […]
US CPI and Canadian Rate Decision in Focus: Favor AUD Amid Yen Selling Pressure
US CPI and Canadian Rate Decision in Focus: Favor AUD Amid Yen Selling Pressure Key Points and Strategies for Today Forex Market Overview US Consumer Price Index (CPI) Release Time: 24:00 JST Market Forecasts: Headline CPI YoY: +2.7% (previous: +2.6%). Core CPI YoY: +3.3% (unchanged from previous). Headline CPI MoM: +0.3% (previous: +0.2%). Core CPI […]
Continued Dollar Uptrend: Focus on Market Movements Following US CPI Release
Continued Dollar Uptrend: Focus on Market Movements Following US CPI Release The dollar has strengthened its upward momentum as we enter October. This is largely due to Fed Chair Powell’s cautious stance on significant rate cuts and the stronger-than-expected US employment data. Additionally, various factors are supporting the dollar’s strength, including rate cut expectations from […]
This Week’s Market Outlook: Adjustments Expected with Focus on Dollar Buying Retracement
This Week’s Market Outlook: Adjustments Expected with Focus on Dollar Buying Retracement At the start of the week, the market continues to show signs of adjustment following last weekend’s US employment data. While there hasn’t been a significant change in expectations for a soft landing in the US economy, the rise in US bond yields […]
Stock Rally and Yen Weakness: US CPI Awaits Amid Early Rate Cut Expectations
This week, stock markets worldwide are showing upward momentum. Yesterday, major US stock indices all rose by more than 1%, and the Nikkei 225 also hit new record highs for consecutive days. Today, the Nikkei 225 has again reached a new peak. Several factors are driving this excitement, with the expectation of an early rate […]
Today lacks notable catalysts, with focus on the US CPI data on the 10th.
There’s a scarcity of major economic indicators scheduled during the London and European trading hours. Notable releases include Turkey’s Industrial Production Index for February and policy rate announcements from the Central Banks of the Philippines and Israel. The New York Fed’s Survey of Consumer Expectations for March is likely to be watched as a precursor […]
Directional clarity remains elusive in the forex market post-US CPI release, with fluctuations leading to indecision.
Directional clarity remains elusive in the forex market post-US CPI release, with fluctuations leading to indecision. While there was initially a dollar buying reaction, subsequent intense swings saw a return to dollar weakness. Short-term financial markets have already priced in a potential US rate cut starting in June, and this sentiment has remained unchanged even […]
Market Calm as Tokyo and Chinese Markets Remain Closed, Ahead of Tomorrow’s US CPI Release
The beginning of the week sees Japan observing a substitute holiday for National Foundation Day, while China and Hong Kong are closed for the Lunar New Year. Trading during Tokyo and Asian hours remains subdued. The dollar-yen range has held steady between 149.08 and 149.32, while the euro-dollar has remained within a narrow range of […]
Looking ahead to tomorrow’s US Consumer Price Index (CPI) release, the forex market is currently in a standoff as there have been no major economic data releases or scheduled central bank speeches at the start of this week.
The US Dollar Index experienced significant volatility last week but is still maintaining its elevated levels from December. Factors such as the stabilization of the USD/JPY exchange rate after a sharp drop and a somewhat positive US jobs report have contributed to USD buying. However, there seems to be a lack of momentum for a […]
Dollar Selling Eases After US CPI, but Upside Momentum Limited
The biggest topic of the week so far has been the US Consumer Price Index (CPI). The market reacted sharply to the slight deceleration in year-on-year growth that fell just below market expectations. This led to a significant drop in US Treasury yields and a substantial decline in the dollar, strengthening the belief in a […]