Free Trial

USDJPY Below 147 On Dovish Fed Repricing

USD

USDJPY continues to crash - dropping below 147 as terminal Fed pricing dips a little further on SF Fed Daly's dovishly perceived comments (see 1156ET note) - Mar 2023 implied rate at 4.86%, having touched 5.00% earlier in the session - see chart.


To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.