Strong US Employment Data Reduces Rate Cut Expectations, Increasing Likelihood of Dollar Buying
Strong US Employment Data Reduces Rate Cut Expectations, Increasing Likelihood of Dollar Buying As the week begins, the market is experiencing stable conditions due to the stronger-than-expected US employment data released last weekend, which has alleviated uncertainty. This employment report highlights the strength of the US labor market and has diminished expectations for significant rate […]
“Rough Moves Possible as Weekend Approaches and Corrections Continue
Yesterday, the USD/JPY briefly dropped to the 141.70 yen range triggered by remarks from BOJ Governor Ueda, showing signs of an oversold sentiment, but it later rebounded to the 144 yen range in the Tokyo market. The market has been characterized by significant price swings and instability. Japanese 10-year government bond yields, which had risen […]
Will Dollar Selling Continue After the FOMC? Focus on US Employment Data Today
This week, following announcements like the FOMC and the US quarterly Treasury bond auction plan, US bond yields have decreased. Dollar selling has expanded in the latter part of the week. However, when looking at the overall picture of the US Dollar Index for October, it has not broken free from the range between the […]
Dollar Index Decline Takes a Pause, Neutral Market Ahead of US Employment Data
This week, the Dollar Index had been showing a downward trend following a series of weak US economic indicators. However, yesterday saw a rebound in the Dollar, primarily driven by a drop in the Euro-Dollar pair. Market sentiment suggests a cautious approach as investors await the results of tonight’s US employment data. The August US […]
USD buying has eased as the market awaits US employment data
Today, employment data for both the United States and Canada will be released. The highly anticipated US non-farm payrolls are expected to increase by around 200,000 jobs, which is similar to the previous increase of 209,000 jobs. However, employment figures are often subject to surprises, so it’s best to wait for the actual results before […]