The 2024 market theme remains for several rate cuts from most central banks Fed is seen cutting rates six times despite the November Presidential election ECB and the BoC to cut first; RBA the last one to join the club BoJ is finally seen hiking for the first time since 2007 – will it prove […]
Jul 25, 2024
USD/JPY – Yen on a Tear, US GDP Blows Past Forecast
The Japanese yen continues to gain ground against the US dollar. USD/JPY is trading at 153.68 early in the North American session, down 0.14% on the day. Earlier today, USD/JPY fell as low as 151.93 (1.3%), its lowest level since May 3, before paring most of these losses. The yen has soared, rising 2.4% this […]
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