The recent US economic data has triggered a hawkish repricing in rates, with Fed funds futures now nearly fully priced in for a July cut of 24bps. While June remains a possibility, it is on the table with uncertainty. The total of -67bps of easing priced in for the year reflects the market’s reaction to
Forecasts
Analyzing the current economic data, it is evident that a steady unemployment rate and a surge in nonfarm payrolls could potentially lead to an increase in wage growth. This upward trend in wages has the potential to boost disposable income, which in turn could fuel consumer spending and drive demand-led inflation. The Federal Reserve may
The Federal Reserve could potentially delay the timeline for an interest rate cut, which would have a direct impact on borrowing costs and reduce disposable income. This decision could significantly affect the USD/JPY trends in the near future. The upcoming US Jobs Report will be a crucial factor to consider, along with the speeches by
When it comes to financial information websites, it is crucial to understand that the content provided is often based on personal analysis, opinions, and information from third parties. This means that the recommendations and advice given should not be taken at face value. It is important for individuals to conduct their own due diligence checks,
When it comes to consuming financial information online, it is crucial to exercise caution and perform due diligence. The content provided on websites can include personal analysis, opinions, and information from third parties, all of which may influence your decision-making process. However, it is important to remember that this information is intended for educational and
When it comes to financial decisions, it is crucial to conduct your own due diligence to ensure that you are well-informed and aware of all possible risks. The information provided on FX Empire’s website, while informative, should not be solely relied upon when making investment decisions. It is essential to consult with your own financial
The recent price action in USD/JPY has shown a confirmed breakout from a small cup-and-handle pattern, indicating a potential completion of a bigger cup-and-handle pattern. This pattern suggests a bullish trend in USD/JPY, which historically has had a bearish impact on gold prices. The current trading signals are hinting at a possible rally in USD/JPY,
When it comes to making financial decisions, it is crucial to conduct thorough due diligence. The information available on websites may include general news, personal analysis, opinions, as well as content provided by third parties. However, it is essential to remember that this information is intended for educational and research purposes only. Therefore, it should