English translation (preserving HTML, single line, with standard decoding applied): Was CPI the trigger for taking profits?
First thing in the morning faux headstart
148.714 Break Long
148.444 Break Short (may bounce)
Last night's US CPI was a bit strong,
but it fell
after having been rising, I think many took profits
Position status is
There are many long and short positions around the 148.5 vicinity
Today, the question is how this barrier will behave
Vice President Himino spoke,
The relatively hawkish vice president said that real interest rates
are deeply negative,
so normalization is the prescribed course,
the dollar/yen briefly fell below 149 yen
real wages are also negative, we need to do something
If interest rates rise, many who have mortgages with floating rates
will bear a larger burden, reducing disposable income for younger generations
Who would be happy about higher rates? Only financial institutions and the wealthy elderly, perhaps
The stock market is solid, environment is risk-on,
the FOMC minutes released yesterday showed
a split between 0.5% cut and 0.25% cut
the majority supports a large cut,
and within the Fed there is an impression that the pace of cuts will slow
without hesitation
therefore, positive against the dollar.
Last night's CPI impact seemed small
.................
CPI
September US Consumer Price Index (CPI) rose more than market expectations. Inflationary pressures had been easing recently, but the latest statistics show a slight acceleration.
【US】 CPI Core Index MoM (September) [0.3%]
Forecast: 0.2%
Actual: 0.3%
【US】 CPI Core Index YoY (September) [3.2%]
Forecast: 3.2%
Actual: 3.3%
【US】 CPI MoM (September) [0.2%]
Forecast: 0.1%
Actual: 0.2%
【US】 CPI YoY (September) [2.5%]
Forecast: 2.3%
Actual: 2.4%
................................................
This result is a boom-bust
Now it is falling
With the rise, perhaps it was waiting for a profit-taking trigger
Once calm, it may rise again
The dollar rally still seems likely to continue
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