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Greenback surges after US jobs beat
US jobs report pushes back Fed hopes. USD jump sees intervention fears return. Fed due this week.
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CNY, SGD at lows as Japanese yen falls below 155
Asian FX lower as USD/JPY breaches 155. US PCE inflation key.
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Yields caught between the Fed and geopolitics
The US Dollar Index paused last week, leading to a marginal weekly gain as yields retraced slightly. The rhetoric has changed within the Fed and markets are adjusting to this reality. Geopolitics remains front and center.
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FX markets calmer after Friday’s geopolitical sell-off
Global markets recover on Monday. Powell’s cautiously optimistic tone to be tested. Central bank divergence driving FX markets.
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FX Weekly – Policy volatility driven by inflation ambiguity
Another hot US inflation report has seen market pricing back in line with the FOMC’s own rate projections — looking for three US rate cuts in 2024. However, the pullback in expectations has been orderly, keeping global sharemarkets buoyant.
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USD rebounds ahead of key inflation data
All eyes on CPI. Aussie slips back into short-term downtrend. JPY gains as Japan narrowly avoids recession.