Carsten Fritsch
Carsten Fritsch
coming data deflation main overnight reason strength
The main reason for the yen's strength is the data we got overnight -- it suggests deflation is coming to an end.
bets bigger develop fed high hopes increases justify people rate report seen
People have got high hopes for this number, to justify some of the bigger expectations for Fed rate increases we've seen develop this week. No one's going to want to put on big bets before the report though.