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Source: Forexcom News Agency
1 week ago
Forex Medium Importance
USD/JPY Outlook: Bulls get a lifeline from the bond bloodbath

USD/JPY Outlook: Bulls get a lifeline from the bond bloodbath

US Treasury yields have backed up sharply from their late-August lows, particularly at the front end of the curve, as higher energy prices, firmer inflation pressures and rising expectations for a Fed rate hike push borrowing costs higher.

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Source: Forexcom
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Source: Forexcom News Agency
1 week ago
Forex Medium Importance AI Analyzed
AUD/USD Buckles as Yields, Crude Oil and US Dollar Surge Into US CPI

AUD/USD Buckles as Yields, Crude Oil and US Dollar Surge Into US CPI

AUD/USD came under heavy pressure as surging crude oil, rising Treasury yields and hotter producer-price pressures revived expectations of a September Fed hike. The Australian dollar led FX majors lower as the US dollar rebounded, while Wall Street weakened ahead of CPI.

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Source: Forexcom
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Source: Forexcom News Agency
1 week ago
Forex Medium Importance AI Analyzed
USD/JPY Bounces Ahead of CPI After Bessent Warns of Betting Against the House

USD/JPY Bounces Ahead of CPI After Bessent Warns of Betting Against the House

The center of the FX market remains the USD/JPY carry trade and, so far, bulls have held on relatively well. To be sure the pair has pushed down by more than 1,000 pips in the past six weeks which may not sound like buyers are holding the bid, but given the backdrop and the fact that we haven't seen a larger case of unwind, I think credit should be given to the fact that buyers have, so far, responded to pullbacks quite well.

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Source: Forexcom
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