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USD/JPY Outlook: Trump Trade Sparks Sharp Rally Against Yen
The yen has lost around 30% of its value against the dollar since 2020. US Treasury yields and the dollar have risen since Trump won. US consumer inflation rose as expected in October. The USD/JPY outlook shows sharp declines in the yen as the dollar scales new peaks due to optimism about Trump’s election win....
GBP/USD Forecast: Trump Trade Eclipses Inflation Data
US consumer prices increased by 0.2% in October. Traders expect Trump’s policies to drive inflation and pause or significantly slow Fed rate cuts. BoE’s Catherine Mann noted that inflation might be higher than expected in the medium term. The GBP/USD forecast shows the dollar at new peaks as the Trump trade overshadows recent inflation figures....
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