JPY Slumps north The US dollar is mostly confined to narrow ranges against most of the G10 currencies today, ahead of the US CPI report and US corporate earnings. The yen is a notable exception. The dollar reached through JPY159.00 and has barely backed off. The ostensible catalyst is the heightened [...]
Week Ahead: Additional Scope for the US Dollar to Extend the Upside Correction north After trending lower from late November through late December, the US dollar has begun the new year on firmer footing. The retracement of the losses in late 2025 has been encouraged by data that strengthens the market's conviction that like last year, the Federal Reserve will begin this year [...]
US and Canada Jobs Day and More north The US dollar enjoys a firmer today ahead of what promises to be a memorable North American session that features the US December employment report and the Supreme Court’s judgement on the legality of the widespread tariffs implemented under the president’s emergency powers. The larger than [...]