-
Week Ahead – US inflation and BoJ Governor nomination in focus
An action-packed week lies ahead for FX traders. The dollar staged a recovery lately as markets priced in a higher peak for Fed rates, but whether this comeback has scope to continue will depend on the upcoming US inflation report. Over in Japan, the nation will enter a new chapter with the nomination of its next central bank chief, putting the spotlight on the yen. The moment of truth for the yen is finally here. Media reports suggest the new Bank of Japan Governor will be nominated on Tuesday, with the latest articles tipping Kazuo Ueda as the most likely choice. Previous reports suggested Masayoshi Amamiya was the ... (full story)