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The recent USD/JPY sell-off found short-term support after BoJ Deputy Governor Uchida downplayed another rate hike during volatile market conditions ...
Monday’s broad risk-off rout was beginning to look like nothing more than a bad dream early on Tuesday, with Wall Street indices recouping most of Monday’s losses early in yesterday’s session.
The unravelling of the carry trade has amplified USD/JPY selling while markets look to AUD/JPY as a helpful gauge of risk sentiment ...
The US dollar has stabilized a bit against the Japanese yen in the early hours of Tuesday, as we are trying to regain our footing after the massive carry trade unwind that we have seen.
Economists forecast household spending to fall by 0.9% year-on-year in June after declining by 1.8% in May. A pickup in household spending could fuel demand-driven inflation, influencing investor bets ...