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It’s the Fed’s interest rate day and the Bank of Japan has just hiked its rates. What’s next?The key thing to remember is that gold (and the rest of the precious metals sector) tends to move...
The Japanese yen continues to sparkle. USD/JPY is trading at 150.27 in the European session, down 1.62% on the day at the time of writing. Earlier, the yen strengthened to 150.04, its highest level...
As we had expected, the BoJ raised its policy rate to 0.25% and announced the JGB purchases would be halved by 1Q26. The growth outlook was trimmed modestly for FY24 while the inflation outlook...
The USD/JPY pair has experienced a sharp decline, currently at 152.79, following decisive monetary policy adjustments by the Bank of Japan (BoJ). In a significant shift, the BoJ raised its interest...
BoJ hiked its overnight interest rate to 0.25% and announced its “Quantitative Tightening” plan, without much major surprises. USD/JPY sold off but still hovering above its 151.70 key short-term...
August has historically been the weakest month for GBP/USD and AUD/USD. EUR/USD seasonality hints at downside potential, but the broader post-2023 range remains intact. USD/CAD has tended to see...
Takeaways The Bank of Japan (BOJ), Federal Reserve (Fed), and Bank of England (BOE) will announce their interest rate decisions and release their latest monetary statements on 31 July and 1...
An unexpected decline in Japan's unemployment did not prevent a retreat in the USD/JPY to a four-day low ahead of tomorrow's data and conclusion of the BOJ meeting. The dollar has probed the JPY155...
Note: JOLTS and Consumer Confidence today Bullish: Forex Strategies: Currently, USD/JPY is at 154.97 out of the triangle. We are looking for a continuation to the ATR target at 155.71. The triangle...
The Japanese yen has sparkled in the second half of July but has lost steam this week. USD/JPY is trading at 154.88 in the European session, up 0.57% on the day at the time of writing. To Hike or Not...
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