Three central banks, three different stories, one trade in the crossfire: EUR\/USD just hit a four-week low\u00a0\ud83d\udcb1\ud83d\udcc9<\/p>\n
\ud83c\uddea\ud83c\uddfa ECB already moved on September 10, lifting the deposit rate to 2.50% (refi 2.65%) to fight energy driven inflation. President Lagarde gave almost no hints about what comes next, leaving the euro without\u00a0support.<\/p>\n
\ud83c\uddfa\ud83c\uddf8 Fed decides September 16. Hot August CPI (3.4% YoY, core up 0.3% MoM) pushed hike odds above 60% for a 25bp move from 3.50\u20133.75%. Traders are betting the dollar keeps the upper\u00a0hand.<\/p>\n
\ud83c\uddef\ud83c\uddf5 BoJ meets September 17\u201318. Producer prices are up 7.6% YoY, and a hike to 1.25%, a 31-year high, looks increasingly likely. The yen has already gained 3.56% this month as carry trades\u00a0unwind.<\/p>\n
\u26a1 Same direction, opposite motives: Europe battling energy costs, the US reacting to sticky inflation, Japan finally breaking free of ultra-low rates.<\/p>\n
\ud83d\udcca EUR\/USD is at 1.1565 and sliding, USD\/JPY is at 153.74 and swinging hard. With three live decisions in five days, this is a textbook volatility week\u00a0\ud83d\udd25<\/p>\n
\ud83d\udc49 Get ready to trade it with NordFX: https:\/\/my.nordfx.com\/en\/registration?utm_source=social&utm_medium=post&utm_campaign=nordfx<\/a><\/p>\n \ud835\udde1\ud835\uddfc\ud835\uddff\ud835\uddf1\ud835\uddd9\ud835\uddeb: \ud835\udde7\ud835\uddf5\ud835\uddff\ud835\uddf2\ud835\uddf2 \ud835\uddd6\ud835\uddf2\ud835\uddfb\ud835\ude01\ud835\uddff\ud835\uddee\ud835\uddf9 \ud835\uddd5\ud835\uddee\ud835\uddfb\ud835\uddf8\ud835\ude00 \ud835\uddd6\ud835\uddee\ud835\uddfb \ud835\uddd6\ud835\uddf5\ud835\uddee\ud835\uddfb\ud835\uddf4\ud835\uddf2 \ud835\udde2\ud835\uddfb\ud835\uddf2 \ud835\udde7\ud835\uddff\ud835\uddee\ud835\uddf1\ud835\uddf2 \ud835\uddf3\ud835\uddfc\ud835\uddff\u2026<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" \ud835\udde1\ud835\uddfc\ud835\uddff\ud835\uddf1\ud835\uddd9\ud835\uddeb: \ud835\udde7\ud835\uddf5\ud835\uddff\ud835\uddf2\ud835\uddf2 \ud835\uddd6\ud835\uddf2\ud835\uddfb\ud835\ude01\ud835\uddff\ud835\uddee\ud835\uddf9 \ud835\uddd5\ud835\uddee\ud835\uddfb\ud835\uddf8\ud835\ude00 \ud835\uddd6\ud835\uddee\ud835\uddfb \ud835\uddd6\ud835\uddf5\ud835\uddee\ud835\uddfb\ud835\uddf4\ud835\uddf2 \ud835\udde2\ud835\uddfb\ud835\uddf2 \ud835\udde7\ud835\uddff\ud835\uddee\ud835\uddf1\ud835\uddf2 \ud835\uddf3\ud835\uddfc\ud835\uddff \ud835\udde7\ud835\uddf5\ud835\uddff\ud835\uddf2\ud835\uddf2 \ud835\uddd7\ud835\uddf6\ud835\uddf3\ud835\uddf3\ud835\uddf2\ud835\uddff\ud835\uddf2\ud835\uddfb\ud835\ude01 \ud835\udde5\ud835\uddf2\ud835\uddee\ud835\ude00\ud835\uddfc\ud835\uddfb\ud835\ude00 \ud83c\udf0d Three central banks, three different stories, one trade in the crossfire: EUR\/USD just hit a four-week low\u00a0\ud83d\udcb1\ud83d\udcc9 \ud83c\uddea\ud83c\uddfa ECB already moved on September 10, lifting the deposit rate to 2.50% (refi 2.65%) to fight energy driven inflation. President Lagarde gave almost no […]<\/p>\n","protected":false},"author":0,"featured_media":235841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-235840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/235840"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=235840"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/235840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/235841"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=235840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=235840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=235840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}