Pippo

After USD/JPY tested the yen-tervention line in the sand above 160.00 last week, the Japanese government quickly stepped in to drag it back down. 

Inflation was supposed to be yesterday’s problem. Then an oil shock changed every central bank’s plans at once.

With Australia’s inflation at a three-year high, will the RBA hike again — or blink in the face of recession risk?

A divided FOMC, confirmed yen intervention worth $34.5 billion, and oil near triple digits made the week of April 27 to May 1 one for the books.

With the European Central Bank refusing to pre-commit to any rate path, the euro looks stuck in “paralysed policymaker” mode. What does this mean for the euro?

The BOE’s April hold gave traders a clearer look at why the pound is stuck between inflation risks and growth worries.

The U.S. advance Q1 2026 GDP missed expectations at 2.0% while core PCE inflation surged to 3.2% annually, a combination that supported the case for the Fed to stay on hold.

The U.S. dollar ended Thursday as the session’s worst-performing major currency, weighed down by JPY intervention warnings, central bank holds, & a softer-than-expected U.S. GDP print

The Japanese yen surged sharply on Thursday after Japan’s Vice Finance Minister issued a stark “final warning” to yen speculators, sending USD/JPY tumbling more than 4 big figures from a 21-month high.

The Fed just held rates for the third time in a row, but the drama inside the room was unlike anything in 30 years.