bullish

CNY

Things to Watch In Asia Pacific FX

224 Views17 Apr 2023 09:22
Syndicated
SUMMARY
  • Friday's market close marked an impulse Dollar reversal pattern (we await confirmation) despite weaker NFP, lower wage growth, and inflation figures.
  • The DM currencies were the last to decline against the Dollar, led by Euro and GBP. USDJPY made a low on March 24 and has since made higher lows.
  • USDJPY made a low on March 24 and has since made higher lows. Despite the expectations, BoJ will ease the Yield Curve Control policy, leading to higher Yen rates and a stronger Yen.
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