Potential BOJ Intervention Rests on Volatility Rather Than Price.US Treasury Secretary Janet Yellen’s Comments to Fuel Dollar Rally.New YTD High Brings 1998 Highs Around 147.750 Into Focus. USD/JPY Fundamental BackdropThe Yen’s...
EURUSD - Talking PointsEURUSD fails on first test of 0.9800 after breaking out of wedgeGerman inflation data reaches double digits, ECB rate hike bets soarUS PCE data for August crosses the wires Friday
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It's official: inflation was so hot, it not only came at the highest level since Volcker hiked rates to 20% to avoid hyperinflation, but blew away pretty much all whisper numbers (it wasn't...
It was a CPI report for the ages: with most already expecting a hotter than expected print (thanks to JPM), that's precisely what they got and then some.First, a quick recap: Headline CPI...
