The USDJPY pair broke above the psychological 150.00 barrier for the first time since November 2023. Such a surge in the US dollar was due to a surprising CPI report from the US, which indicated that inflationary pressures in the economy were more resilient than previously expected, reducing expectations for faster interest rate cuts.
The probability of a rate cut in May has fallen to 29% (before the reading it was close to 50%), and the market is now forecasting close to 3-4 rate cuts this year. Source: Bloomberg Financial LP
Source: xStation
ðĒïļ Brent āļāđāļāđāļāļ° $100!
āļāļāļīāļāļīāļāđāļĻāļĢāļĐāļāļāļīāļ: āļāļąāļāļāļēāļāļąāļāļāļĩ NFIB ð― āļāļēāļĢāļēāļāļāđāļāļĄāļđāļĨāđāļĻāļĢāļĐāļāļāļīāļāļ§āļąāļāļāļĩāđāđāļĄāđāđāļāđāļāļĄāļēāļ
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 8 āļ.āļĒ.
âŽïļ USDJPY āļĢāđāļ§āļ 1% āļŦāļĨāļļāļāļĢāļ°āļāļąāļ 155