Following the US PCE Deflator, the French Election this Weekend: Plenty to Watch Next Week
This week, the USD/JPY exchange rate has risen from around 159 yen to the 161 yen level. Although the price range itself is only slightly over 2 yen, clearing the psychological level of 160 yen, which was the previous intervention point, has impacted the market. Cross-yen pairs have also shown an upward trend, with EUR/JPY […]
Dollar Market in Turmoil This Week: Will Today’s US PCE Deflator Show a Clear Direction?
This week, the dollar market has been turbulent. While rising US bond yields are exerting upward pressure on the dollar, the unstable stock market is creating disruptions, preventing a clear dollar trend. Additionally, as we approach the end of the month, there are indications that market flows are playing a significant role. Today, the US […]
Key Focus on August US Personal Consumption Expenditure (PCE) and More
August’s US Personal Consumption Expenditure (PCE) data is set to be released. Most expectations indicate a 0.5% increase month-on-month, and it is anticipated that this will mark the eighth consecutive monthly increase. Earlier on the 14th, August’s US retail sales were published and surpassed expectations. Should August’s PCE data show a similar outcome, it might […]
Signs of Changing Dollar Strength Trend, Balancing Price Movements and Data Releases
This week, there are signs of a potential shift in the strong dollar trend that has been ongoing since July. The Dollar Index has fully dipped below its 10-day moving average and is challenging the support levels of its 21-day and 200-day moving averages. This suggests that the short-term uptrend that has lasted for about […]
US PCE deflator in June, etc.
The impact of the Bank of Japan’s monetary policy may have sustained effects as the market digests the outcomes of the FOMC, ECB, and BOJ monetary policies. The US personal consumption expenditure (PCE) deflator for June is expected to show a year-on-year increase of around 3.0%, which is a slowdown from the previous month’s 3.8% […]
Focus on the US and European inflation indicators, focusing on the slowdown of the US PCE deflator
Today, the preliminary figures for the Eurozone Consumer Price Index and the US PCE deflator will be announced. All of these are attracting a great deal of attention as having a major impact on the course of future monetary policy. The February US PCE deflator is highly novel compared to the Eurozone. Growth is […]
Ahead of the end of the month, flow-led developments, waiting for US and European price statistics on Friday
This week, it is easier to enter a special flow ahead of the end of the month, the end of the quarter, and the end of the term. After completing the financial authorities’ response to the financial instability, it looks like the immediate measures have been taken. However, uncertainty over vulnerable financial institutions has not […]
December US personal income and the US PCE deflator
Today’s focus is on December US personal income and the US PCE deflator, which will be announced at 22:30 Japan time. There is a high probability that the price movement will be stronger after this.
Confirm the US PCE deflator and attend Powell’s lecture
Today, Fed Chair Powell’s speech at the Jackson Hole conference will finally be held. The market is expected to show a positive interest rate hike stance. While pointing out the risk that interest rate hikes will lead to a future economic slowdown, it appears that the Fed is currently expected to take decisive measures to […]
A sense of risk caution is a little persistent
Is the dollar / yen pair a little overpriced in overseas markets on weekends? In the overseas market yesterday, the price dropped to the 126 yen level in the early part of London, and then recovered firmly to the 127 yen level. Also careful.In the Tokyo market, dollar sales were triggered by a decline in […]