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Dollar/yen emerged from the lows mostly thanks to optimism about peace in the Korean peninsula and also as the US Dollar retreated against many currencies. The US inflation report is the main event in a relatively light week on the calendar, but geopolitics could continue to play a role. USD/JPY fundamental movers Kim-Trump summit, BOJ, mixed NFP It [...]
The post USD/JPY enjoyed some relief – will it last – Forecast 12-16 appeared first on Forex Crunch.
The US gained no less than 313,000 jobs in February but wages significantly slowed down to 2.6% and the monthly increase was 0.1%. What does this mean moving forward? Here is the view from CIBC. Here is their view, courtesy of eFXnews: CIBC Research discusses its reaction to today’s NFP data for the month of [...]
The post USD: Feb NFP Data Confirms That Last Month Strong Wage Figure Was An ‘Illusion’ – CIBC appeared first on Forex Crunch.