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The USD/JPY pair touched 159, up 0.78% on the day.

2026-08-10

The USD/JPY pair touched 159, up 0.78% on the day.

Other News
2026-08-10

Iranian Foreign Ministry spokesman: The closure of the Strait of Hormuz is not due to a dispute between Iran and Oman.

Iranian Foreign Ministry spokesman: The closure of the Strait of Hormuz is not due to a dispute between Iran and Oman.
2026-08-11

Vanguard analyst Hicklin expects US July headline CPI +0.1% MoM, +3.3% YoY. The print should be relatively mild as oil declines and stabilization in core goods and housing weigh on inflation. Core goods inflation is expected to be flat and remains on

Vanguard analyst Hicklin expects US July headline CPI +0.1% MoM, +3.3% YoY. The print should be relatively mild as oil declines and stabilization in core goods and housing weigh on inflation. Core goods inflation is expected to be flat and remains on a multi-year disinflationary path after prior volatile re-pricing; stable housing should help keep core inflation lower. By contrast, wage-driven persistence is keeping ‘supercore’ inflation (core services ex-housing) stubborn: that category was flat MoM in June but still +3.2% YoY. Hicklin warns upside price pressure persists — especially with wages growing ~3.5% despite high productivity — and he sees no sign yet of a material easing in core services inflation’s trajectory.
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