EBC Daily Snapshot Sep 20, 2024

The yen rose as the BOJ showed optimism on growth and signaled cautious tightening, while the dollar fell on expectations of more US rate cuts.

EBC Financial Group
Tipo: STP, ECN
Reglamento: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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USD/JPY in Equilibrium as Volatility Rises

USD/JPY in Equilibrium as Volatility Rises

The USD/JPY pair held steady on Thursday, trading around 148.13 as the yen modestly recovered from the losses incurred in the previous session. The US dollar came under pressure following the release of softer US labour market data, which bolstered expectations of an impending Federal Reserve rate cut.
RoboForex | hace 10h 1min
Risk markets jittery as expectations for soft US data mount

Risk markets jittery as expectations for soft US data mount

Risk sentiment remains fragile ahead of the first batch of key US data; Gold and rising bond yields continue to unnerve investors; ADP report and ISM Services PMI might open the door to a 50bps Fed cut; Fedspeak to intensify, markets to digest Miran’s hearing headlines today;
XM Group | hace 11h 4min
ATFX Market Outlook 4th September 2025

ATFX Market Outlook 4th September 2025

The Federal Reserve’s Beige Book indicated that overall economic activity was largely unchanged, with tariffs continuing to weigh on both businesses and households. Meanwhile, the JOLTS report showed a pronounced decline in job openings and an uptick in layoffs. Several FED officials reiterated that labor market conditions remain the primary driver behind their expectation of future rate cuts.
ATFX | hace 16h 2min