The USD/JPY initially rallied a bit during the course of the week but did give back some of the gains. At this point, it looks as if this pair is at a major inflection point, and therefore I will be watching this chart quite closely. The Bank of Japan has reiterated his desire to keep the 10-year JGB down to 50 basis points, meaning it may have to print unlimited yen if rates start to rise around the world.
While the ECB is likely to remain hawkish for a couple of meetings, it’ll be interesting to see what Jerome Powell says Wednesday, because that will directly affect where the US dollar goes over the next several weeks, and this could cause a bit of a correction in this pair.The West Texas Intermediate Crude Oil market initially dipped during the week but does look resilient at this point. If the market were to break above the $82.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hailey Bieber pairs bikini top with over $350K worth of diamondsDiamonds are definitely this girl’s best friend: At a Tiffany & Co. party in Toronto, the Rhode founder piled on plenty of pricey bling.
Source: PageSix - 🏆 320. / 59 Read more »
Calcium & Iron, Plus Other Supplement Pairs You Should Never Take TogetherThere are some common supplement pairs, like calcium and iron, that should be avoided so that they don't interfere with one another.
Source: EatThisNotThat - 🏆 294. / 63 Read more »
Alexa Knierim, Brandon Frazier capture pairs gold at US figure skating nationalsThe dynamic twosome won another national pairs gold with a spectacular free skate on Saturday night that scored them an overall season-best 227.97.
Source: azcentral - 🏆 585. / 51 Read more »
‘They belong:’ Southwest ISD students with special needs to perform the musical ‘Annie Jr.’About half of the cast are in the special education program. The rest are student mentors who back them up onstage.
Source: ExpressNews - 🏆 519. / 51 Read more »
Alexa Knierim and Brandon Frazier reclaim U.S. figure skating titleOrange County-based pairs team wins national title by more than 30 points.
Source: ladailynews - 🏆 332. / 59 Read more »
Crime the major focus again at Chicago mayoral forumRather than having all nine candidates at once, WCPT split up the debate. In 4 years Lightfoot had made crime worse now she is saying she can make it better. We've decided that was a lie!
Source: cbschicago - 🏆 546. / 51 Read more »