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USD/JPY is once again knocking on the door of Japan’s intervention zone, but this week’s battle is about far more than whether Tokyo steps into the market. It has become a high-stakes game of chicken. Read more…
The escalation of the conflict in the Middle East will bolster the greenback as a safe-haven asset. Data on European inflation and the US labour market will determine the fate of EURUSD. The US dollar Read more…
Bank of England Chief Economist Huw Pill said structural changes in the UK economy have made inflation more persistent, arguing that policymakers are still assessing how shifts in labor and goods markets have altered the Read more…