The USD has bounced all over the place this week against the yen, as traders continue to pray for loose monetary policy coming from the Fed. Not sure if it will happen, but things are starting to look, “broken.”
The US Dollar continues to bounce around against the Japanese yen, as there is a lot of noise around the PCE numbers coming out a little lower than expected.
The Aussie is essentially flat overall lately, and this past week really hasn’t shown us anything different, as the markets have nowhere to be anytime soon. Expect more short-term trading more than anything else.
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