Author: FX
Ecofin Sustainable and Social Impact Term Fund declares $0.09 dividend Source link
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, YCC, JGB, Yield Spreads, Daly – Talking PointsUSD/JPY is eyeing new highs after stretching north this weekThe BoJ is on traders’ minds, but intervention may not be seenThe Fed is forecast to be on hold, but if Treasury yields gain, will it boost USD/JPY? Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter The Japanese Yen has slid lower going into Friday’s session and with a holiday in Japan today, market conditions could get slippery should USD/JPY pierce above 145.00.Such…
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Share: Thursday’s mixed inflation data from the United States pleased a slew of Federal Reserve (Fed) policymakers but their tone appears slightly cautious. Firstly, Philadelphia Federal Reserve Bank President Patrick Harker crossed wires, via Reuters, and appeared supportive of the US central bank’s victory while marking the progress on inflation. However, the policymaker also anticipated a minor increase in the Unemployment Rate and a ‘soft landing’ after initially positive comments. Following that, Atlanta Federal Reserve Bank President Raphael Bostic also expressed gratitude for the Fed’s hard efforts to tame the too-high inflation. The policymaker, however, also showed uncertainty about pandemic…
Velo3D Non-GAAP EPS of -$0.10 misses by $0.02, revenue of $25.13M misses by $2.09M Source link
Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing:Gold prices sink in the aftermath of US inflation dataLonger-term Treasury yields outpaced the front-endThis will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing upside progress accumulated during the first 12 hours of the day. Headline CPI clocked in at 3.2% y/y in July against the 3.3% consensus, which was a little softer. But, it marked an uptick from last month’s 3% outcome. Meanwhile, the core gauge weakened slightly to 4.7% y/y…
Bill Ackman no doubt cheered on the result of today’s 30-year auction. He advertised a bond bearish bet last week and price action hasn’t been great for him so far.That might have changed with weak demand at a $23 billion sale of 30s at an auction today. It tailed by 1.4 bps and that has set off a fresh round of selling.US 30s 10 minsThe price action has extended across the curve with yields up 6 bps starting with 5s.It’s also extended into USD/JPY, which is breaking out to a one-month high and within striking distance of the June high…
EUR/USD Price, Chart, and AnalysisEUR/USD topped 1.10 After Jul’s US Inflation DataCore CPI’s Deceleration Trend Remains In Place even as headline inflation ticked upEurozone inflation expectations remain uncomfortably high Recommended by David Cottle How to Trade EUR/USD The Euro popped above its last ten days’ trading range against the United States Dollar in Thursday’s European afternoon as important US inflation data came in broadly as expected, with markets reportedly daring to hope that interest rates might not have to rise again this year in the world’s largest economy.July’s official Consumer Price Index rose by an annualized 3.2%. That was above…
Share: Federal Reserve Bank of San Francisco President Mary C. Daly said on Thursday that today’s Consumer Price Index report was “good news” for families and businesses in an interview with Yahoo! Finance. She mentioned that they are committed to getting core inflation down. “We’re going to be watching supercore carefully, that’s a big component of spending and it hasn’t made much progress so far, we need to see it come back to pre-pandemic levels,” argued Daly. Regarding the next FOMC meeting, Daly mentioned that there is a lot more information to assess before. “It’s premature to project”…
JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free JPY Forecast Most Read: GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP DataThe Japanese Yen has continued its struggles this week losing ground to both the Greenback and the British Pound. This comes despite the recent policy tweak from the BoJ as the summary of opinions failed to excite Japanese Yen bulls.Given the surprise sprung by the Bank of Japan in tweaking Yield Curve Control policy despite repeated comments that such a move is not needed, I wouldn’t rule out further surprises from the…