Warsh’s “Dose of Accommodation” Overread? 2-Year Yield Runs Ahead of Fed Futures
Fed Chair Warsh’s description of Wednesday’s hike as removing “a dose of accommodation” drove the 2-year Treasury yield and Dollar Index sharply higher, but Fed funds futures barely moved the expected destination of the tightening cycle—leaving Brent’s $100 test as the upstream variable that decides whether the front end’s repricing gets confirmed.
AUD Strongest, Yen Weakest as RBA and BoJ Deliver Opposite Policy Surprises
What's happening: AUD led the major currencies Friday while Yen was weakest. The BoJ hiked its policy rate 25bp to 1.25%, its highest since...
Silver Correction Ends at 62.27—Can 68.32 Unlock the Path to 80.32?
Silver’s correction from 71.16 completed as a three-wave decline to 62.27, well above the $60 danger zone, with a firm break of 68.32 now the near-term test for whether the broader advance from 54.77 is resuming toward 80.32.
USD/JPY Jumps as Back-to-Back BoJ Hike Risk Fades—Can Momentum Carry It Back to 160?
USD/JPY is testing 157.11 as one widening policy differential, not two separate stories—the Fed is accelerating into a new tightening phase while the BoJ’s divided vote reduced the odds of a back-to-back hike, both reinforcing the same Dollar-favorable repricing.
