JPY

USD/JPY's price action this week is providing a strong signal given the yen's usually bullish seasonal backdrop.

It was a weekend of worry as the US banking sector is at the center of a risk aversion move in global markets. Regulators have started to step-in, but is it enough, and what might happen from here?

Japanese Yen weakness has re-appeared in Q1 trade, begging the question as to whether another major trend is brewing in the Yen.

The US CPI report is now THE single economic release with the largest expected market movement, so traders should absolutely have this release marked with the bullet on their calendars.

The January Consumer Confidence report is a reminder that the US economy is like a rollercoaster ride, full of ups and downs.

Whilst traders remain net-long the US dollar, around $7 billion of net-long exposure was unwound last week alone.

Speculation that the BOJ will be forced to step away from their ultra-loose monetary policy has only intensified with producer prices reverting back to double digits.

The British pound has been used as England’s central currency for over a thousand years. Read about its evolution from a coin literally weighing one pound to the banknotes common today. We also rank the next three oldest major currencies: the yen, ruble and dollar.

If inflation prints at expectations, it would be the first meaningful decline in the annualized inflation rate since the depths of the COVID recession...

A war nearly 5,000 miles from Washington DC with minimal direct economic implications on the US will not deter the Fed from raising interest rates this month...

The just-released Conference Board Consumer Confidence report showed the headline consumer confidence index rose to 115.8...

With Omicron symptoms seemingly less severe than originally feared US equity markets were higher overnight.

US markets are closed just after lunch today. But that is not to say it will be a dull session if price action overnight is anything to go by.

Yields differentials remain favourable for the USD/JPY bull case, which finally broke above 115 for the fort time since March 2017.

In retrospect, it’s clear why Biden delayed for so long: There was little upside regardless of who he chose.

Today’s main calendar event is the preliminary read of the University of Michigan’s consumer report, which also includes inflation expectations.

Jerome Powell is yet to be reconfirmed for a second term as Fed Chair, whilst ‘transitory’ inflation is on a tear. We’re curious to see which one will last the longest.