Fundamental view: The US dollar has gone back and forth against the yen during the course of the trading week. This is because there is a bit of confusion in the market as the market is likely to continue to see a lot of questions asked about the Federal Reserve, especially as the Core PCE [...]
Fundamental view: The US dollar has rose drastically against the yen during the week after the Federal Reserve spook the markets by suggesting they may actually see inflation. As widely expected, the Federal Open Market Committee (FOMC), left the fed funds target range at 0.0% to 0.25%, where it has been since March 2020 and [...]
Fundamental view: The US dollar has gone back and forth during the course of the week, ultimately forming a bit bull candle. The broad dollar’s demand has underpinned the pair, although the poor performance of government bond yields limited the advance. Japan Coincident Index & Japan Leading Index on 7th June and Japan BoJ Money [...]
Fundamental view: The US dollar has initially rallied during the course of the week, but then turned around to form to make a fall. Inflation in the US economy has been pushing market speculation toward the idea that the Fed will be forced to consider tapering its bond purchases. But the weaker labor markets will keep the Fed on [...]
