Where to next for USD/JPY, GBP/JPY and GBP/USD following BOE and BOJ rate decisions?
Outlook on USD/JPY, GBP/JPY and GBP/USD as US dollar is on track for its tenth straight week of gains.
Outlook on USD/JPY, GBP/JPY and GBP/USD as US dollar is on track for its tenth straight week of gains.
Outlook on FTSE 100, DAX 40 and S&P 500 in the wake of a ‘rates higher for longer’ scenario.
The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix
JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next for USD/JPY?
Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures.