Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?
Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earnings take center stage
The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD
The upcoming week brings the Bank of Japan’s monetary policy decision and a flurry of high-impact economic data and earnings, setting the stage for potential volatility in financial markets.
This article focuses on the fundamental and technical outlook for the U.S. dollar across three key pairs: EUR/USD, USD/JPY and GBP/USD. In the piece, we also explore market sentiment and…