Nomura bearish USD/JPY, expects potential BOJ policy shifts, verbal interventions
Also limited USD/JPY upside from 'priced in' Fed rate cut expectations
Source: forexlive.com
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Also limited USD/JPY upside from 'priced in' Fed rate cut expectations
The Pound Sterling (GBP) extended its losing streak against the US Dollar (USD) into a fourth straight week, keeping GBP/USD undermined near two-month troughs.
Gold price is consolidating the solid rebound from the weekly low of $2,015 early Wednesday.
U.S. January jobs report defies expectations with strong growth in payrolls and wages, raising concerns over inflation and Fed's policy decisions.
The possible Fed slippage pushed the U.S. dollar toward its loftiest level of the year against the top world currencies