Market Update – February 2 – A Continued Battle of Wills
Stocks surged, Yields dove sharply, and the US Dollar slumped on Wednesday and they are holding their gains/losses so far today as well. The FOMC delivered the 25bp rate hike as expected, reaching 4.75%, an…
Read More »EUR/JPY Price Analysis: Extends recovery firmly to near 141.50
The EUR/JPY pair sensed a significant buying interest after dropping to near the four-day low around 140.80 in the early Asian session. The cross has
Read More »Japanese Yen Gains After Strong Demand at 2-Year Treasury Auction, Where to?
The Japanese Yen gained alongside a drop in US bond yields. The 2-year Treasury auction showed demand at its highest since 2020. Where to for USD/JPY?
Read More »Market Update – January 20 – USD Wallows, Stocks Weaker, Japanese Inflation at 41-year high
Better US data (Unemployment Claims & Philly Fed Manu Index) could not lift the USD (USDIndex under 102.00) & Wall St. (-0.76% to -0.96%). US hit its latest debt ceiling…
Read More »HFM’s Outlook 2023: Japan and the Yen
Japan and the Yen – 2023 Outlook The Japanese Yen was the weakest currency in 2022 because of the Bank of Japan’s commitment to maintaining a loose monetary policy, effectively…
Read More »Markets Week Ahead: S&P 500, Nasdaq 100, US Dollar, Gold, Japanese Yen, BoJ
The S&P 500, Nasdaq 100 and gold gained as the US Dollar fell after CPI data last week. Ahead, the Japanese Yen will be eyeing the BoJ. AUD/USD turns to…
Read More »Japanese Yen Weekly Forecast: Optimism Around BoJ Shift Lifts JPY
The Japanese Yen enters the week on a positive note ahead of the highly anticipated BoJ rate decision that could bring about a change to a longstanding policy outlook.
Read More »Events to Look Out For Next Week
There is much riding on next week’s BoJ meeting, with the Yen the biggest gainer of the week amid speculation of an early policy reset in Japan as the BoJ…
Read More »Market Update – January 9 – USD Index falls 9% from peaks
Treasury and Wall Street soared on the heels of the NFP data where the net effect is a tempering in Fed rate hike expectations. The markets are cheering the cooling in wage growth and a…
Read More »Market Update – December 16 – Ms Lagarde the Most Hawkish of All
Following the FED’s hawkishness on Wednesday, the ECB took it a step further. The central bank may have slowed down the pace of tightening moves, but the statement made very…
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