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This week’s CPI report will be a big factor in helping to tip the scales on whether the Fed will cut interest rates in March. The market may be more vulnerable to an upside surprise in CPI given...
Mixed US Economic Data Caused Fluctuations in the Gold PriceOn Friday, the gold (XAU) price experienced extra volatility after the US Nonfarm Payroll (NFP) and ISM Services Purchasing Managers' Index...
Key PointsJapanese insurers may have to repatriate funds after the New Year’s Day tsunami and earthquakes in Western Japan. All else equal, these flows could weigh on USD/JPY, but The technical...
· USDJPY shows some progress · MACD and RSI turn up USDJPY started 2024 in a positive...
Japanese retail sales climb but industrial production declines Japanese gain rises sharply The Japanese yen has posted sharp gains on Thursday. In the European session, USD/JPY is trading at 140.66,...
Gold has Risen Over 14% in 2023The gold (XAU) price rose by 0.51% on Wednesday as the US Dollar Index (DXY) and Treasury yields dropped sharply. XAU/USD has been rising for five consecutive...
BoJ Summary of Opinion highlights split over shift in policy The Japanese yen continues to have a quiet week. In the European session, USD/JPY is trading at 142.54, up 0.12%. The Bank of Japan’s...
BOJ Core CPI falls to 2.5% BoJ’s Ueda hints at possible shift in policy The Japanese yen is showing little movement on Tuesday. In the European session, USD/JPY is trading at 142.39, down...
BoJ makes no changes to policy or guidance Yen down over 1% The Japanese yen is sharply lower on Tuesday. In the European session, USD/JPY is trading at 144.42, up 1.15%. The yen surged 1.95% last...
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