News
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FxstreetTue, Aug 13
United States Producer Price Index ex Food & Energy (MoM) below forecasts (0.2%) in July: Actual (0%)
FxstreetTue, Aug 13
United States Producer Price Index (MoM) meets forecasts (0.1%) in July
FxstreetTue, Aug 13
United States Producer Price Index (YoY) came in at 2.2% below forecasts (2.3%) in July
USD/JPY: Taking a breather? – Rabobank
Investing.comTue, Aug 13
Home Depot, GM, Trump Media fall premarket; BuzzFeed rises
EUR/USD: Set to test resistance at 1.0950 – Scotiabank
Forex
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
Tue, Aug 13
Forex
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
Tue, Aug 13
Other
'Investors now think Fed needs to cut harder to guarantee no recession': BofA
Bank of America (NYSE:BAC)'s August Global Fund Manager Survey reveals a shift in investor sentiment, with growing concerns about the Federal Reserve's role in preventing a potential recession.AccordiInvesting.com
Tue, Aug 13
