Core PCE.

Core PCE data broadly in line with expectations, personal spending is up. All in all, the data keeps a US rate cut later than June on the table and I expect to still be looking for long USD opportunities next week.

In other news, intervention warnings from Japan have got louder, but the market seems to be growing weary and the BOJ is starting to lose credibility (if it hasn't already). And I'm hopeful 'short JPY' trades could be back on the agenda next week.

Weekly review to follow. Wishing you a fantastic weekend.