USD/JPY touches 147.50 and a two-week high

USD/JPY daily USD/JPY is near the best levels of the day, up 120 pips to 147.47. The pair has been underpinned by rising Treasury yields this month and that continues to be the case today. I wrote about yields earlier and that’s worth checking out. The market is anxious about Trump’s tariff letter to the EU but looks like…

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AUD/USD stalls at key 0.6600 resistance amid mixed market catalysts

AUD/USD pauses below 0.6600 as bulls near the wedge resistance. The Australian Dollar benefits from the hawkish tilt of the RBA, while markets await clarity on when the Fed may begin cutting rates. AUD/USD remains in a strong short-term bull trend as prices weigh trade risks against yield differentials. The battle between the Australian Dollar (AUD) and the US…

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Market movers today: Nvidia soars while Meta stumbles amidst sector volatility

Stock heatmap by FinViz.com Fri, 11 Jul 2025 14:46:07 GMT Sector Overview The US stock market today presents a dynamic landscape with varied performances across sectors, as depicted in the heatmap. Notably, the semiconductor sector shines bright, led by Nvidia (NVDA) with a substantial rise of 2.04%, contrasting with the general downtick in the technology sector. Semiconductors: Nvidia’s surge…

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Newsquawk Week Ahead: US CPI and Retail Sales, UK CPI and Jobs report, China trade and GDP

Mon: EU 90-Day Retaliatory Pause Ends; Indian WPI (Jun), Chinese Trade Balance (Jun) Tue: OPEC MOMR; Chinese House Prices (Jun), Retail Sales (Jun), GDP (Q2), German WPI (Jun), EZ Industrial Production (May), German ZEW (Jun), US CPI (Jun), NY Fed Manufacturing (Jul), Canadian CPI (Jun) Wed: UK CPI (Jun), EZ Trade (May), US PPI (Jun), Industrial Production (Jun) Thu:…

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