Investors should keep an eye on economic indicators and remarks by key officials in the U.S.

Investors should keep an eye on economic indicators and remarks by key officials in the U.S.

10.06.2021

Yesterday, the three major U.S. stock indices all fell, creating a risk-off sentiment characterized by falling stock prices, lower oil prices, and declining interest rates. Bonds were bought, and the yield on the 10-year U.S. Treasury note fell below 1.5% for the first time in about a month, trading in the 1.47% range.The U.S. Consumer Price Index (Core/MoM) to be released today is expected to come in at 0.5%, but if it exceeds expectations, it could trigger a decline in stock prices and a rise in the U.S. dollar, so caution is warranted.

Amid falling yields on 10-year U.S. Treasuries, the yen’s weakness has become apparent, causing the USD/JPY pair to rebound and recover to the 109.6 level. However, other yen crosses are trading lower; GBP/JPY fell by about 80 pips yesterday and is currently attempting to decline further around 154.58. GBP/USD is also down and is currently trading around 1.415.

Today’s key economic indicators include France’s industrial production and manufacturing production index at 3:45 p.m., Turkey’s unemployment rate at 4:00 p.m., and at 8:45 p.m., theECB policy rate announcement, UK MPC member Holden’s remarks at 21:05, ECB President Lagarde’s remarks at 21:30, U.S. initial jobless claims and U.S. Consumer Price Index, U.S. weekly natural gas inventories at 23:30, U.S. 30-year Treasury auction at 26:00, and U.S. budget balance at 27:00.We will closely monitor today’s economic releases to see if they provide a clear direction for currency strength.

Past Market Reports

1. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

2. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

3. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

4. 14.04.2026New

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

5. 13.04.2026New

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

6. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

7. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

8. 08.04.2026

   Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed