Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Chief Investment Strategist
The Japanese yen continues to face mounting pressure. USDJPY is now back near 159-level and approaching the psychological 160.
Three-way pressures are piling up:
On the downside, the 157-level may act as initial support, followed by the 50-day moving average support at 156.13.
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Recent Macro articles and podcasts:
Weekly FX Chartbooks:
FX 101 Series: