Markets Week Ahead: S&P 500, Nasdaq 100, US Dollar, Gold, Japanese Yen, BoJ
The S&P 500, Nasdaq 100 and gold gained as the US Dollar fell after CPI data last week. Ahead, the Japanese Yen will be eyeing the BoJ. AUD/USD turns to…
Read More »Japanese Yen Weekly Forecast: Optimism Around BoJ Shift Lifts JPY
The Japanese Yen enters the week on a positive note ahead of the highly anticipated BoJ rate decision that could bring about a change to a longstanding policy outlook.
Read More »Events to Look Out For Next Week
There is much riding on next week’s BoJ meeting, with the Yen the biggest gainer of the week amid speculation of an early policy reset in Japan as the BoJ…
Read More »Market Update – January 9 – USD Index falls 9% from peaks
Treasury and Wall Street soared on the heels of the NFP data where the net effect is a tempering in Fed rate hike expectations. The markets are cheering the cooling in wage growth and a…
Read More »Market Update – December 16 – Ms Lagarde the Most Hawkish of All
Following the FED’s hawkishness on Wednesday, the ECB took it a step further. The central bank may have slowed down the pace of tightening moves, but the statement made very…
Read More »USD/JPY higher after the BOJ Summary of the December policy ‘tweak’ meeting
<p>The December meeting Summary of Opinions is here, giving more insight into the decision to widen the tolerance band on JGB YCC:</p><ul><li><a href="https://www.forexlive.com/centralbank/boj-december-meeting-summary-of-opinions-must-maintain-easy-policy-20221227/" target="_blank" rel="follow" data-article-link="true">BOJ December meeting Summary of…
Read More »Market Update – December 20 – Pre-Christmas Surprise from BOJ
The USD Index is betwixt and between amid various drivers. It closed at 104.706, inside the day’s 104.931 to 103.50 range. The advent of the holidays and year end have…
Read More »CADJPY: A new 2022 low ahead of the Canadian CPI release
Yesterday, the Bank of Japan unexpectedly tweaked its yield curve control (YCC) policy, raising its target for 10-year bond yields to 0.5% (previously 0.25%). The move reflects the central bank’s…
Read More »Market Update – December 21
The USD Index stuck at 103.50 bottom. Stocks pick up overnight, after they were pummeled Tuesday by the BoJ’s surprise hawkish tweak in its yield curve control. Yields: JGB 2-year…
Read More »Market Update – December 19 – Covid outweighs Reopening
The USD Index is hovering around 104.00 bottom, despite the renewed rise in the Treasury yield. Global stock markets made a wobbly start to the final full trading week of…
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