USD/JPY steadies near 146.00 as diverging economic data drives sentiment. US inflation concerns support Fed hawkishness and boost USD demand. Safe-haven demand for the Yen…
UoM Consumer Sentiment plunges to 50.8, the lowest since July 2022; inflation expectations rise sharply. US housing data was mixed, import prices rose unexpectedly; Powell,…
The Japanese Yen strengthened against the USD for the fourth straight day on Friday. BoJ rate hike bets overshadow Japan’s weaker Q1 GDP print and…
The US dollar initially fell during the session here on Wednesday but looks as if it is recovering quite nicely. At this point, I think…
The Euro (EUR) is entering Wednesday’s NA session with a decent 0.5% gain, a mid-performer among the G10 in the context of a broadly weaker…
The US Dollar (USD) is weakening broadly into Wednesday’s NA session, extending Tuesday’s CPI driven-decline and retracing most of its US/China-trade related relief gains from…
The dollar gave back almost all of its post-China-deal gains in one session. We think there is still a significant bearish appetite towards the greenback,…
Mexican Peso strengthens sharply, clearing 19.50 support with eyes on 19.00 amid risk-on momentum. April US CPI data misses expectations; core inflation holds steady, weakening…
The US Dollar (USD) is trading softly against a narrow set of G10 currencies but holding on to the bulk of its recent gains as…
Mexico’s Industrial Production was mixed; USMCA revision talks set to begin in H2 2025. US-China reach tariff rollback deal, lifting the Greenback and risk sentiment…