archivebank of japan

Data showing stubborn inflation in the U.S and the hawkish central bank commentary it triggered, dictated U.S. Dollar's movements through most of the week ended February 17. Market movements in other currencies too were dominated in some way or the other by sentiment surrounding the respective central bank's inflation combat and the expectations thereof. Anxiety ahead of the release of the U.S. CPI data and geopolitical tensions lifted the Dollar at the commencement of the week. Amidst expectations that the annual CPI in January would fall to 6.2 percent from...