The CHF is the strongest and the JPY is the weakest as the NA session begins
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As the North American session begins, the CHF is the strongest and the JPY is the weakest. The USD is just behind the CHF and is up vs all the major currencies. In Japan, BOJ Deputy Governor Shinichi Uchida emphasized the importance of inflation expectations and the dynamics of prices, including wages. China's Consumer Price Index (CPI) saw a slight increase of 0.3% month-on-month in January 2024. In the US, stocks are little changed and yields are higher. Some earnings releases this morning include ConocoPhillips, Philip Morris International, Under Armour, and Spirit Airlines. Chip designer Arm Holdings reported strong earnings and its shares are up 27%. Crude oil is trading up at $74.65, gold is trading down at $2026, silver is trading up at $22.29, and Bitcoin is trading at $44,704. In the premarket for US stocks, the major indices are little changed. In the European equity markets, the major indices are trading mixed. In the US debt market, yields are higher. The benchmark 10-year yields in Europe are also higher.

#Currency #Chf #Jpy #Usd #Boj #Inflation #Cpi #EarningsReleases #Stocks #Yields #CrudeOil #Gold #Silver #Bitcoin #UsStocks #EuropeanEquityMarkets #UsDebtMarket #10-yearYields

https://www.forexlive.com/technical-analysis/the-chf-is-the-strongest-and-the-jpy-is-the-weakest-as-the-na-session-begins-20240208/