Topic: Market Insights
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Aussie extends gains after hot inflation; US PCE due
Aussie at two-week highs after inflation jump. “Reverse Goldilocks” as US growth slows, but inflation accelerates. USD/JPY in focus with BoJ, USC PCE due.
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Dollar softens ahead of GDP print
Focus on US GDP. Pound consolidates gains. Can EUR/USD sustain above $1.07?
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Markets in risk on, but wary of intervention
Focus on US GDP. Pound consolidates gains. Can EUR/USD sustain above $1.07?
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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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DXY recovers as yields rise
US business activity cools. Canadian dollar recovery stalls. Sterling registers best day of 2024. Euro rallies to $1.07 following bearish US PMIs.
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Dollar tumbles on diverging PMI data
US business activity cools. Sterling registers best day of 2024. Euro rallies to $1.07.