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Great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The likelihood of the Federal Reserve holding interest rates steady has risen, pushing the U.S. 10-year Treasury yield above 4.8% for the first time since November 2023.
- China’s central bank and foreign exchange regulators announced an increase in foreign currency borrowing limits to defend the yuan’s value.
- In Japan, inflationary pressure is mounting, with rice prices surging 63% due to supply shortages. Additionally, base wages have seen their largest increase in 32 years, raising the prospect of a rate hike.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: U.K. December Consumer Price Index (CPI), U.S. December Consumer Price Index (CPI)
+ January 16: U.K. November GDP, Germany December Consumer Price Index (CPI), U.S. December Retail Sales
+ January 17: U.K. December Consumer Price Index (CPI)
USD/JPY Chart Analysis
The price action seen in the 156–158 range is gradually expanding, with highs recently reaching the 159 level. Currently, the pair has retreated back to the 156 level, suggesting that a clear directional move may soon emerge.
1. If the pair breaks above 159, we anticipate an uptrend toward 162.
2. Conversely, if it falls below 156, a decline to 154 appears likely.
Great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The likelihood of the Federal Reserve holding interest rates steady has risen, pushing the U.S. 10-year Treasury yield above 4.8% for the first time since November 2023.
- China’s central bank and foreign exchange regulators announced an increase in foreign currency borrowing limits to defend the yuan’s value.
- In Japan, inflationary pressure is mounting, with rice prices surging 63% due to supply shortages. Additionally, base wages have seen their largest increase in 32 years, raising the prospect of a rate hike.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: U.K. December Consumer Price Index (CPI), U.S. December Consumer Price Index (CPI)
+ January 16: U.K. November GDP, Germany December Consumer Price Index (CPI), U.S. December Retail Sales
+ January 17: U.K. December Consumer Price Index (CPI)
USD/JPY Chart Analysis
The price action seen in the 156–158 range is gradually expanding, with highs recently reaching the 159 level. Currently, the pair has retreated back to the 156 level, suggesting that a clear directional move may soon emerge.
1. If the pair breaks above 159, we anticipate an uptrend toward 162.
2. Conversely, if it falls below 156, a decline to 154 appears likely.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.