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Stocks rally at open, US Dollar vs. Yen: Market trends

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Jared Blikre News

Trading Session

As Wall Street opens for the final trading day of the week, Yahoo Finance markets & data editor Jared Blikre analyzes the top market trends including the S&P...

Just about a minute away from the opening bell on Wall Street.You've got all three of the major averages on track to open the day in the green.Now that is the Fed's preferred inflation gauge once again showing the pricing pressures continue to cool.Largely the quick reaction here this morning is that it actually strengthens the argument that maybe the Fed is only gonna go 25 basis points here at the next meeting.

So welcome to Nirvana and we'll see if that continues I am watching the dollar versus the yen, and that has been sinking a little bit.This was, um this is something that's caused consternation in the markets. My one caveat is that Bitcoin is famous for breakouts, false breakouts to both the upside and the downside.

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