Tag: hits

USD/JPY extends further to the downside after the London fix as intervention hits

USD/JPY continues to fall in what's almost-assuredly intervention from the Japanese ministry of finance.The last time they intervened, they took USD/JPY from a high of 145.90 down to a low of 140.34. That...

Pound hits gas. Forecast as of 20.10.2022

2022-10-20 ...

USD/JPY hits 150.00, a bit of a wrestle at the key level

The pair is getting a bit jumpy around the 150.00 mark but if you ask me, I wouldn't label it as intervention. Profit-taking and position squaring seems more plausible as we take a...

Asia FX Battered by Fed Jitters, Offshore Yuan hits Record Low By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- China’s offshore yuan hit a new low on Thursday, while most other Asian currencies slipped as fears of more hawkish moves by the Federal Reserve spurred an overnight bounce...

US Mortgage Hits 7.20%, Highest Since 2000 As Fed Counterattacks Bidenflation (US Core Inflation Highest Since 1982) – Investment Watch

by confoundedinterest17 Another Saturday high for the Biden Administration. Americans got less money thanks to Bidenflation. The US 30yr Mortgage rate just hit a new high since 2000 as The Federal Reserve counterattacks the highest core inflation...

US Retail Sales Stagnate As Inflation Hits Consumers (Fed Tightening To Combat Bidenflation) – Investment Watch

by confoundedinterest17 Bidenflation is just killing us. Now rising prices and The Fed’s counterattack are killing retail sales for American consumers. US retail sales were sluggish last month, suggesting shoppers are becoming more guarded about...

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