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Eamonn Sheridan

USD/JPY rises … surges … above 146.00

I said earlier that US Treasury Secretary Yellen had given the green light for further rises in USD/JPY:In a nutshell, Yellen dismissed globally coordinated FX intervention, saying that the market determined the value...

Japan’s Manufacturers sentiment declined again in October (Reuters Tankan survey)

The Reuters Tankan monthly poll is intended to track the quarterly Bank of Japan tankan survey.Reuters report on the latest results: October manufacturers' sentiment index +5 vs +10 in September confidence among big Japanese...

Fed's Mester: Federal Reserve needs to hike rates further because inflation has not slowed

<p>Federal Reserve Bank of Cleveland President Loretta Mester spoke on Tuesday US time:</p><p><a href="https://www.forexlive.com/centralbank/feds-mester-biggest-policy-risk-is-that-fed-doesnt-hike-rates-enough-20221011/" target="_blank" data-article-link="true">Fed&apos;s Mester: Biggest policy risk is that Fed doesn&apos;t hike rates enough</a></p><p><a href="https://www.forexlive.com/centralbank/more-from-feds-mester-cant-say-how-far-balance-sheet-will-need-to-shrink-20221011/" target="_blank" data-article-link="true">More from Fed&apos;s Mester:...

It sounds like the White House is softening us up for a high CPI number on Thursday

White House press secretary Karine Jean-Pierre comments, noting the remarks as we have CPI data due Thursday and these seem pertinent:We have seen some important progress for the American people. We've seen real...

More from US Treas Sec Yellen – watching UK developments, still work to do on inflation

Earlier from Yellen's interview with CNBC:More now: Have been watching UK developments 'quite closely'Have met with UK officialsDoes not want to comment on UK policyFiscal policy should be complementary to monetary policy, we have tried to do...

ForexLive Asia-Pacific FX news wrap: USD/JPY stable around 145.70

Swiss National Bank Chair Jordan is speaking on 11 October 2022Federal Reserve speakers ahead for Tuesday, 11 October 2022 - Harker then MesterAll eyes will be on US CPI data this week, due...

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