USD/JPY on the verge of hitting multi-decade highs
You will recall that the Bank of Japan (BoJ) increased its Policy Rate to +0.00%/0.10% in March, pulling the rate out of negative territory.
Source: fxstreet.com
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ECB and US CPI in the headlights this week
Last week ended with the US Employment Situation Report. Markets witnessed a monster beat for employment growth; the US economy added more than 300,000 jobs in the month of March versus a median estimate of 210,000 (prior data: small downward revision from +275,000 to +270,000).
Source: fxstreet.com
Forecasting the Coming Week: Markets maintain focus on inflation
Another positive week saw the Greenback reclaim the area beyond the 104.00 hurdle, advancing modestly on a weekly basis against the backdrop of the mixed performance in US yields and Fedspeak supporting a tighter-for-longer Fed’s stance.
Source: fxstreet.com
EUR/USD Forecast: Euro could look to extend rebound on a weak US jobs report
EUR/USD erased its daily gains and closed flat on Thursday after climbing to its highest level since March 21 above 1.0870.
Source: fxstreet.com
What happened Friday
A review of things you need to know before you sign off on Friday; more big bonds, more FBU departures, DST ending, Aussie data sags, markets await NFPs, swaps stable, NZD stable, & more
Source: interest.co.nz