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Yen Edges Higher Ahead of Jackson Hole as BoJ Tilt Turns Hawkish

Key Takeaways: *Governor Ueda warned on U.S. tariff risks, but most board members backed rate hikes to curb inflation. *Robust GDP and wage growth, plus easing tariff uncertainty, bolster the hawkish case. 8Yen steadied near lows, with Powell’s remarks seen as a key driver of near-term direction. Market Summary: The Japanese yen is exhibiting signsContinue Reading
Chart the Market (21/08/2025)

GBPUSD, H4: GBP/USD is trading under pressure below the 1.3500 handle, currently hovering near 1.3450 after failing to sustain gains above the 50-period moving average. The pair has slipped beneath both the 20- and 50-period SMAs, with the breakdown zone at 1.3485 now acting as immediate resistance. Price action has turned cautious, with sellers attemptingContinue Reading
Markets Eye Powell at Jackson Hole as Fed Division Fuels Dollar Volatility

Key Takeaways: *Dollar Index struggled for clear direction after mixed FOMC meeting minutes. *Fed members are divided on whether tariffs-driven inflation or weakening the jobs market is the bigger threat. *Gold prices rose as safe-haven demand increased amid Fed uncertainty and geopolitical risks. Market Summary: The Dollar Index swung sharply in yesterday’s session as tradersContinue Reading
Written on August 21, 2025 at 6:11 am
Categories: Daily Market Analysis
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