USD/JPY Price Forecast: BoJ Meeting to Deliver Another Tweak to YCC Policy? 145.00 Incoming?
The Yen enjoyed some strength today as Nikkei Asia broke a story that the BoJ are debating a further tweak to YCC policy. Will the BoJ follow through and what…
Read More »October 22: War Israel Heats Up, Elon Musk loses $16 Billion, China Beats Europe (Recap ep249)
In today’s Recap, Marcello talks about the escalation of the armed conflict between Israel and Palestine and explains briefly the effects of this confrontation while not taking any sides. Due…
Read More »Market Update – September 28 – Stocks Sold Off, Buck & Oil Up!
Stock markets sold off across Asia, with Nikkei and Hang Seng underperforming. China jitters and the sharp rise in oil prices are weighing on sentiment. USOIL lifted above USD 94…
Read More »Japanese Yen Tumbles as BOJ Maintains Status Quo: USD/JPY Eyes 150
JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next…
Read More »USD/JPY soars past 141.00 as BoJ expected to stick to dovish stance, weakening the JPY
USD/JPY rallied back above the 141.00 figure after rumors the Bank of Japan (BoJ) would not change its Yield Curve Control (YCC) emerged, spurring an
Read More »Bank of Japan Overview
Asian stock markets managed broad gains, with Japanese markets outperforming and the Nikkei rallying 1.4%, after a dovish leaning BoJ announcement that left policy settings unchanged, but signalled a longer…
Read More »USD/JPY trims losses near 133.50 amid dicey yields, defensive BoJ talks, US GDP eyed
USD/JPY picks up bids to consolidate recent losses around mid-133.00s as markets brace for the US Q1 GDP during early Thursday. Adding strength to the
Read More »Events to Look Out for Next Week
Another key week for Economic Data starts slowly but builds to a crescendo on Friday with the FOMC’s favourite measure of inflation, the Core PCE Price Index just days ahead…
Read More »Japan FinMin Suzuki: I hope the BoJ maintains suitable policy
Japan’s Finance Minister (FinMin) Shunichi Suzuki praised the efforts of Bank of Japan’s (BoJ) outgoing Governor Haruhiko Kuroda early Friday. “Bank o
Read More »Heads up Monday Asia trade, 3 central banks: Bank of Japan, People’s Bank of China, RBA
<p>Its an active central bank calendar coming up on Monday, 20 March 2023 during the Asia session. </p><p>At 1810 US Eastern time the Reserve Bank of Australia:</p><ul><li> Christopher Kent, Assistant…
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