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USD/JPY: Taking a breather? – Rabobank
This week’s slew of US data releases and next week’s Jackson Hole event should leave the market better informed about the potential reaction functions of US policymakers, though our central view is that the Fed will lower rates by 25 bps in September and again before the end of the year, Rabobank’s FX senior FX strategist Jane Foley notes.Fxstreet
Aug 13, 2024
Unwinding of carry trade roadblock for BoJ hikes but not Fed cuts - Goldman
Investing.com - The recent sharp appreciation of the yen, as a consequence of the unwinding of the “yen carry trade”, could be a roadblock to further hikes by the Bank of Japan, said analysts at GoldmInvesting.com
Aug 13, 2024
Mexican Peso stabilizes after weak data and Banxico comments trigger sell-off
The Mexican Peso (MXN) fell over 1.20% in its most traded pairs on Monday after a combination of weak Mexican Consumer Confidence data for July, dovish comments from Mexico’s central bank governor and rising geopolitical concerns weighed.Fxstreet
Aug 13, 2024
