USD/JPY Faces Challenges as US Economic Data Weakens / is on Nostr

USD/JPY, US economic data, yield differentials, ISM services PMI

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2024-06-29 23:01:03

GBP/USD Outlook: US Economy Shows Signs of Cooling, UK Economy Faces Challenges
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#a73498e0 ver:0.53
The GBP/USD pair faces challenges as the US economy shows signs of cooling and the UK economy struggles. Strong US jobs data led to a rise in the dollar and a drop in the GBP/USD pair. Expectations of a rate cut by the Federal Reserve have diminished. The focus now shifts to the impact of the strong US jobs data on the pair and the potential implications for the Federal Reserve's monetary policy. The pound's gains against the US dollar could come under pressure from the US PCE price index data. GBP/USD trades rangebound between 1.23 and 1.2850, with a breakout potentially leading to a rise towards 1.3150. #GBPUSD #forex...
#newstr #Gbp/usd #UsJobsData #RateCut #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis
https://here.news/story/a73498e0?ver=0.53

2024-06-28 15:03:52

GBP/USD Outlook: US Economy Shows Signs of Cooling
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#a73498e0 ver:0.52
The GBP/USD pair dropped 0.5% following strong US jobs data, causing UK government bond yields to climb and dampening hopes of a US interest rate cut. The release of the data shifted market sentiment and reduced expectations of a rate cut. The impact of the strong US jobs data on the GBP/USD pair and the potential implications for the Federal Reserve's monetary policy are now in focus. Traders are also betting on the Bank of England cutting interest rates due to stagnant UK GDP. The pound's gains against the US dollar could be pressured by upcoming US PCE price index data. #GBPUSD #USjobs #interestrates...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis
https://here.news/story/a73498e0?ver=0.52

2024-06-28 11:58:16

GBP/USD Outlook: No Respite as US PCE Looms
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#a73498e0 ver:0.51
The GBP/USD pair faces a bearish outlook as strong US jobs data dampens hopes of a rate cut by the Federal Reserve. The focus now shifts to the impact of the data on the pair and the potential implications for the Fed's monetary policy. Traders are also watching for UK rate cut expectations from the Bank of England. The technical outlook shows a bearish trend, with support at 1.2600 and resistance at 1.2700. #GBPUSD #FederalReserve #BankofEngland...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis
https://here.news/story/a73498e0?ver=0.51

2024-06-28 02:03:16

GBP/USD Consolidates Near Key Technical Levels Ahead of US Inflation Update
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#a73498e0 ver:0.5
The GBP/USD pair consolidates near key technical levels as strong US jobs data dampens expectations of a rate cut by the Federal Reserve. The rise in the dollar and UK government bond yields has led to a drop in the GBP/USD pair. Market focus now shifts to the impact of the strong US jobs data on the pair and the potential implications for the Federal Reserve's monetary policy. Traders are also watching for speeches from Fed and BoE policymakers for insights on rate-cut timing. #GBPUSD #FederalReserve #USjobsdata...
#newstr #Gbp/usd #UsInflation #UkGdp #TechnicalAnalysis
https://here.news/story/a73498e0?ver=0.5

2024-06-27 10:04:49

GBP/USD Forecast: Prospects of Fed, BoE rate cuts set to drive price action
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#a73498e0 ver:0.49
The GBP/USD pair weakened as strong US jobs data dampened hopes of a Fed rate cut, while expectations of BoE rate cuts persist. The release of the US Nonfarm Payrolls data exceeded expectations, strengthening the US Dollar. The impact of the strong US jobs data on the GBP/USD pair and the Federal Reserve's monetary policy is now in focus. Traders are also anticipating speeches from Fed and BoE policymakers for insights on rate-cut timing. #GBPUSD #Fed #BoE #ratecut...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce
https://here.news/story/a73498e0?ver=0.49

2024-06-24 06:00:21

GBP/USD Forecast: Prospects of Fed, BoE rate cuts set to drive price action
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#a73498e0 ver:0.48
The GBP/USD pair weakened as strong US jobs data dampened hopes of a Fed rate cut, while expectations of BoE rate cuts persist. The focus now shifts to the impact of the US jobs data on the GBP/USD pair and the potential implications for monetary policy. Traders are betting on BoE rate cuts, while the stronger US dollar weighs on GBP/USD. Data releases and speeches from central bank policymakers will be closely watched for further rate-cut insights. #GBPUSD #Fed #BoE #ratecuts...
#newstr #Gbp/usd #RateForecast #BankOfEngland #FederalReserve #Inflation
https://here.news/story/a73498e0?ver=0.48

2024-06-07 18:55:36

GBP/USD Falls as Strong US Jobs Data Dampen Rate Cut Hopes
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#a73498e0 ver:0.46
Strong US jobs data causes GBP/USD to fall 0.5% as rate cut hopes diminish. US economy added 272k jobs in May, surpassing forecast of 180k, leading to rise in dollar and UK bond yields. FTSE 100 fell 0.3%. Traders had anticipated rate cut, but strong data shifts sentiment. #GBPUSD #USjobs #ratecut...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct
https://here.news/story/a73498e0?ver=0.46

2024-06-07 02:00:08

GBP/USD Extends Upside Ahead of US NFP Data
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#a73498e0 ver:0.45
#GBPUSD extends upside as traders anticipate potential #Fed rate cut. US #NFP data for May will heavily influence the pair. Weaker-than-expected employment data could fuel speculation of a rate cut, weakening the US Dollar. UK data will provide insights into rate cut expectations from the #BoE....
#newstr #Gbp/usd #UsNfpData #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland
https://here.news/story/a73498e0?ver=0.45

2024-06-06 03:02:25

USD/JPY Forecast: Household Spending and Jobs Report Drive Near-Term Trends
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#a73498e0 ver:0.44
The USD/JPY pair is influenced by various factors including economic indicators, interest rate differentials, and risk sentiment. The Bank of Japan's stance on monetary policy and the performance of the Japanese economy are key drivers. Recent data on wage growth and services PMI support a more hawkish BoJ stance, while US labor market data and the possibility of a Fed rate cut could impact the pair. The USD/JPY is currently trading around 155.50, with immediate support at 155.00 and resistance at 156.00. A break above 156.500 could lead to further gains, while a drop below 155 could signal a decline towards 151.685. #USDJPY #forex #economy...
#newstr #Usd/jpy #BankOfJapan #WageGrowth #ServicesPmi #YenWeakness #InterestRateHikes #EconomicIndicators #ConsumerSpending #DemanddrivenInflation #JibunBankServicesPmi #JobCreation #YenTrends #JapaneseEconomy #UsLaborMarketData #JoblessClaims #UnitLaborCosts #NonfarmProductivity #FedRateCut #MovingAverages #BullishPriceSignals
https://here.news/story/a73498e0?ver=0.44

2024-06-05 06:54:56

Japanese Yen depreciates due to investors’ caution ahead of US data
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#a73498e0 ver:0.43
Investors' caution ahead of US data causes the Japanese Yen to depreciate. Rising possibility of a Fed rate cut in September puts pressure on the US Dollar. Interest rate differential and weak Yen pose challenges for Japan. USD/JPY pair trades around 155.50. Bank of Japan's moves and bond yield differential influence the Yen. #Forex #USDJPY #Fed #BOJ...
#newstr #JapaneseYen #UsData #Investors'Caution #InterestRateDifferential #BankOfJapan #UsDollar #FedRateCut #UsAdpEmploymentChange #IsmPmi #LaborCashEarnings
https://here.news/story/a73498e0?ver=0.43

2024-06-04 03:02:41

USD/JPY Faces Challenges as US Economic Data Weakens
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#a73498e0 ver:0.41
The USD/JPY pair faces challenges as US economic data weakens, with narrowing yield differentials and concerns about the US economy putting downward pressure. The upcoming ISM services PMI report will be crucial in determining the next move. Investors should also monitor Bank of Japan views on inflation and interest rates, as well as the 10-year JGB auction. Weaker capital spending and labor market conditions could impact the pair. Near-term trends will hinge on service sector PMI and US Jobs Report. #USDJPY #economy #forex...
#newstr #Usd/jpy #UsEconomicData #YieldDifferentials #IsmServicesPmi #BankOfJapan #JgbAuction #LaborMarket #FactoryOrders
https://here.news/story/a73498e0?ver=0.41

2024-06-04 02:55:20

USD/JPY Faces Challenges as US Economic Data Weakens
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#a73498e0 ver:0.4
The USD/JPY pair faces challenges as US economic data weakens, putting downward pressure on the pair. The upcoming ISM services PMI report will be crucial in determining the next move for USD/JPY. #USDJPY #economy #ISMreport...
#newstr #Usd/jpy #UsEconomy #YieldDifferentials #IsmServicesPmi #RateSensitiveAssetClass
https://here.news/story/a73498e0?ver=0.4