In yesterday’s post, I flagged the 1.3709–1.3715 area as a key upside target (see: USDCAD moves to new session highs.…

Wage tracker indicates easing labor costs Surveys indicate a rise in other costs Indicators of underlying inflation have changed little…

There is a good deal of space available to accommodate inflation pressures by not cutting interest rates as had been…

USD/JPY is now down 1.6% to 157.60 and that marks about a 300 pips decline from when Japan finance minister…

Prior +1.7% HICP +2.9% vs +2.5% y/y expected Prior +1.6% Headline annual inflation continues to run up as a result…

No comment on FX level In close contact with our US counterpart Closely coordinating with US based on our FX…

The European Central Bank is expected to maintain its policy rate at 2.00% today and keep the non-committal forward guidance…

EUROPEAN SESSION In the European session, we have a rare busy agenda today. We will begin with the French CPI…

Prior +0.2% The French economy stagnates in the first quarter of the year and that’s not a great sign, even…

The report says that the government is considering to revive subsidies for electricity and natural gas in the summer months…