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Greenback Surges after BOJ Hikes and Ends YCC and RBA Delivers a Dovish Hold Greenback Surges after BOJ Hikes and Ends YCC and RBA Delivers a Dovish Hold Reviewed by Marc Chandler on March 19, 2024 Rating: 5
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Heightened Speculation of a BOJ Move Tomorrow did not Stop the Nikkei from Rallying or Yen from Slipping Heightened Speculation of a BOJ Move Tomorrow did not Stop the Nikkei from Rallying or Yen from Slipping Reviewed by Marc Chandler on March 18, 2024 Rating: 5
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Week Ahead: Central Banks

March 16, 2024
There has been a dramatic adjustment to US rates. The two-year yield was near 4.40% before the US employment report on March 8 and it reached near 4.73% before the weekend. The 25 bp surge is the largest weekly increase since last May. For the first time in four months, the Fed funds futures strip no longer has at least three rate cuts discounted.…
Week Ahead: Central Banks Week Ahead:  Central Banks Reviewed by Marc Chandler on March 16, 2024 Rating: 5
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Euro's Recovery to $1.09 Looks Vulnerable while Yen Falls to New Lows for the Week After Strong Pay Raises Confirmed Euro's Recovery to $1.09 Looks Vulnerable while Yen Falls to New Lows for the Week After Strong Pay Raises Confirmed Reviewed by Marc Chandler on March 15, 2024 Rating: 5
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Strong US Retail Sales may Help Extend the Dollar's Recovery

March 14, 2024
Overview: We have put emphasis on today's US retail sales report. A recovery from the weather-induced weakness in January should underscore the resilience of US demand after another 200k jobs were created and personal income jumped 1%. While the dollar has traded firmer in the first half of this week, given the 25 bp jump in the US two-year yi…
Strong US Retail Sales may Help Extend the Dollar's Recovery Strong US Retail Sales may Help Extend the Dollar's Recovery Reviewed by Marc Chandler on March 14, 2024 Rating: 5
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Consolidation Featured Ahead of Tomorrow's US Retail Sales and Friday's Japanese Wage News Consolidation Featured Ahead of Tomorrow's US Retail Sales and Friday's Japanese Wage News Reviewed by Marc Chandler on March 13, 2024 Rating: 5
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Ueda's Comments Weigh on Yen as the Market Awaits US CPI

March 12, 2024
Overview: The US CPI has become one of the most important high-frequency economic reports for the capital markets. The dollar is going into the report narrowly mixed against the G10 currencies.  Comments by BOJ Governor Ueda about the weakness in consumption of non-durable goods was seen by some as reducing the likelihood of a change in policy nex…
Ueda's Comments Weigh on Yen as the Market Awaits US CPI Ueda's Comments Weigh on Yen as the Market Awaits US CPI Reviewed by Marc Chandler on March 12, 2024 Rating: 5
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