Japanese Yen Gains on Intervention Warning as US Dollar Steadies
The Japanese Yen held its ground today after the US Dollar reasserted itself with expectations for the debt ceiling to be approved today. Where to for USD/JPY?
Crude Oil Dips as US Dollar Steadies with a Pending Debt Deal Vote. Where to for WTI?
The crude oil price gave up yesterday’s gain today while the US Dollar regained the ascendency in some pockets of the currency market as the debt deal faces an imminent vote.
US Dollar Poised After Debt Deal Break Through. Will the DXY Index Retreat?
The US Dollar ascendency could face some scrutiny this week after the US debt ceiling issues appear set to be resolved in the coming days. Will USD slide on a resolution?
Euro Weekly Forecast: EUR/USD Recovery Hinges on Debt Ceiling Deal
A big week ahead in terms of event risk as Euro eyes a recovery. Euro Area inflation likely to be overshadowed by a potential deal on the debt ceiling. Time for a EUR/USD retracement?
US Dollar Rides High as Debt Debate Continues Amid Fitch Re-Rating. Higher DXY?
The US Dollar galloped to a 2-month peak today with Treasury yields continuing their climb as the debt ceiling resolution proves elusive and the Fed joins the fracas. New highs for USD?
Crude Oil Bumped Up on Hopes of a Debt Ceiling Deal. Will WTI Break the Range?
The crude oil price steadied again today as the broader macro picture remains somewhat opaque despite reassurance from Biden and McCarthy. Would a resolution boost WTI?
US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data
The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermined. The Japanese Yen managed to rally after poor data. Lower USD/JPY?
Crude Oil Boosted by US SPR Buying and Defies Soft China Data. Higher WTI?
The crude oil price maintained the gains on a sliding US Dollar overnight after several Fed speakers expressed their differing views. If China continues to struggle, will WTI hold up?
Japanese Yen Retreats as US Dollar Takes Flight Despite Debt Debacle. Higher USD/JPY?
The Japanese Yen slipped again on Monday as the US Dollar ascendency continued despite the uncertainty surrounding the US debt ceiling issue. If a solution remains elusive, will it lift USD/JPY?
US Dollar Vulnerable Ahead of BoE Rate Call and ECB Speakers. Higher EUR/USD?
The Euro consolidated today despite US Dollar weakness post CPI. Chinese CPI was also soft prompting hopes that the PBOC might turn dovish. ECB speakers today might drive EUR/USD.