The US dollar (USD) is trading higher a day in general, with the big winner yesterday, JPY, the big loser this morning after the consumer price index in Japan reflected the expected transportation up to 4.0 % Y/Y, the chief strategic expert FX OSBorne in Scotiabank Scotiabank .
The dollar is stable before the weekend
“The acceleration of basic inflation is slightly more than expected, but JPY is undergone profit and modified position From the dollar.
“The United States has commented to the Treasury. Pesint commented on Thursday that the markets” live in the future “and that the appreciation of the US dollar because the presidential elections may indicate that” some tariff risks “are already in the FX markets. Expectations Since customs tariffs are still exist, but the delays lead to the fact that the US dollar gains exceed that the customs tariff probably (just an additional tariff for China) is probably exceeded by some margin. “
“This will be a few weeks (perhaps in early April, I think) until we get more clarity on how and the location of the definitions. That is, the sliding fluctuation – the broader scale of the G7 FX VOL to its lowest level (about 8 %) since late summer – will penetrate Fx in the volatile trade and the markets will be more inclined to fade the US dollar gatherings. “
2025-02-21 12:58:08