Australian Dollar, Dow Jones at Risk as Fed Officials Stress Tight Policy Ahead
Australian Dollar, AUD/USD, Dow Jones, Hawkish Fedspeak – Asia Pacific Market Open: Australian Dollar fell Thursday as risk aversion sank Dow Jones Hawkish Fedspeak was a key driver, Asia-Pacific markets at risk AUD/USD remains above the 20-day Simple Moving Average Recommended by Daniel Dubrovsky Get Your Free AUD Forecast Asia-Pacific Market Briefing – Australian Dollar […]
Yen eyes further lift as traders probe BoJ defense ahead of meeting By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The yen creeped higher against the dollar Tuesday, riding a wave of hawkish bets on the Bank of Japan moving further away from its dovish stance ahead of a monetary policy update due overnight Wednesday. fell 0.26% to 128.20 The Bank of Japan is expected to stand pat […]
FTSE Pauses Ahead of All-Time High as Solid Jobs Data Buoys Sterling
FTSE 100 News and Analysis Recommended by Richard Snow How to Trade FX with Your Stock Trading Strategy FTSE 100 Has All-Time High in Sight The FTSE has begun 2023 much the same way it ended 2022, with a strong bullish advance. The all-time high around 7909.50 was less than 40 pips away in early […]
Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?
Japanese Yen, USD/JPY, BoJ, JGB, Nikkei 225, China Data, Crude Oil – Talking Points The Japanese Yen softened today ahead of a crucial BoJ meeting Chinese data was better than expected but it wasn’t all good news If the BoJ shift toward further tightening, will USD/JPY resume its downtrend? Recommended by Daniel McCarthy Get Your […]
Reversal to 140.00 looks possible ahead of BOJ policy
EUR/JPY has managed to retreat back into the consolidation area placed in a range of 138.84-143.00. The cross has picked strength as anxiety among investors soars ahead of BOJ policy. A range shift by the RSI (14) into the 40.00-60.00 from the bearish territory indicates that the downside momentum has faded, The EUR/JPY pair has […]
Gold Price (XAU/USD) Presses Ahead as US Inflation Expectations Fall
Gold Price (XAU/USD), Chart, and Analysis US interest rate expectations continue to fall. Gold looks like it is consolidating ahead of the next move higher. Recommended by Nick Cawley Get Your Free Gold Forecast The latest University of Michigan Consumer Sentiment report, released last Friday, showed inflation expectations in the US continuing to fall. The […]
USD/JPY rises back above 128.50 on broad US Dollar strength, ahead of the BoJ’s meeting
The USD/JPY traded below 128.00 for the first time since June 2022. USD/JPY traders are bracing for the Bank of Japan’s monetary policy meeting on Wednesday. USD/JPY Price Analysis: Downward biased; it could test 125.00 in the near term. The USD/JPY recovered after hitting an eight-month low around 127.21, reclaiming 128.00 and advancing sharply toward […]
Dollar stabilizes, yen climbs ahead of BOJ meeting By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Monday, trading just above a seven-month low on rising expectations that the Federal Reserve will slow the pace of its interest-rate hikes, while the Japanese yen gained ahead of a Bank of Japan meeting. At 03:00 ET (08:00 GMT), the […]
Japanese Yen Appreciation Intact After PPI Data Ahead of BoJ Meeting. Lower USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, YCC, PPI, CPI – Talking Points USD/JPY continues to test support after making fresh lows last week Japanese companies are facing higher costs at the factory gate If the BoJ tighten on Wednesday, will USD/JPY further submerge? {{EDU_SUBMODULE|11}} The Japanese Yen has started the week on steady footing after […]
Week Ahead: Highlights include US retail sales, China data, ECB minutes, UK data
Week Ahead January 16-20th: Highlights include US retail sales, China activity data, ECB minutes, UK data MON: Eurogroup Meeting; Chinese GDP (Q4), House Prices, Industrial Output & Retail Sales (Dec). TUE: OPEC MOMR; German Final CPI (Dec), UK PPI (Nov), Unemployment (Nov), German ZEW (Feb), Canadian CPI (Dec), Australian Consumer Sentiment (Jan). WED: UK CPI […]