Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 08 - 08:55 PM

USD/JPY - Consolidates, Awaits Wednesday's Pivotal US CPI

By Krishna K  —  Aug 08 - 06:45 PM
  • USD/JPY opens unchanged after consolidating in 135.585-134.35 range Monday

  • Supported by expectations of larger Fed interest rate hikes nL1N2ZH1GR

  • Fed funds futures price in 69% chance of another 75 bps rate hike in Sept

  • NY Fed survey shows US consumers' inflation outlooks drop sharply, caps rise

  • Inflation expectations are a key dynamic for Fed policymakers nW1N2ZA03W

  • Resistance at 135.57, previous support turned resistance; more at 135.90-95

  • Support 134.35-45, 134.00-10; Singapore holiday Tuesday may dampen activity

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!