Fundamental view: The US dollar has driven higher during the course of the week. The greenback has rallied significantly during the course of the week to break above the ¥110 level. Treasury Secretary Janet Yellen said that inflation would remain elevated through 2021 whereas Dallas Fed President Robert Kaplan noted that improving labor markets might warrant taper talks. [...]
Fundamental view: The US dollar has been somewhat negative during the trading week. This week’s Federal Reserve minutes has demonstrated once more that the market sensitivity to rate signals from the central bank and traders fears of missing the potential surge in interest rates and the dollar when that first notice of a change in [...]
Fundamental view: The US dollar has rallied a bit during the course of the week and reached the 109.78 high, Wednesday’s inflation report made a foster run in Treasury interest rates, though well within this year’s range, helped USD/JPY to give its best session since starting of this year. Bank of Japan Governor Haruhiko Kuroda [...]
Fundamental view: The USD/JPY showed a bearish trend in the previous week. The dollar has eased amid cooling expectations for higher rates in the US, which sent stocks up and US Treasury yields lower. The Bank of Japan published the Minutes of its latest meeting, which brought no surprises. The central bank will maintain its quantitative easing, [...]
