3min snip

Market Depth cover image

Asia Currencies Fight Back Against The Dollar As US Inflation Cools

Market Depth

NOTE

The Dollar Lower or the Surge of the Yen?

The speaker has no current view on the matter at hand and will wait until closer to the meeting to form one./nThe rise in JGB yields is attributed in part to speculation regarding yield curve control changes and the return of shorting JGBs./nThe USD is being heavily impacted by other currencies following weaker than expected CPI reading in the US, with the exceptions of the Japanese yen and Chinese yuan./nThe yen has been strengthening significantly this week, as evident from intraday charts of yen futures upon the US CPI release.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode