Optimism Around BoJ Shift Lifts JPY
USD/JPY ANALYSIS All eyes on BoJ with regards to YCC and potential for future interest rate hikes. USD/JPY hits 7-month lows with developing ‘death cross’ possibly hinting at further downside. Recommended by Warren Venketas Get Your Free JPY Forecast JAPANESE YEN FUNDAMENTAL FORECAST: MIXED The Japanese Yen ended last week on the front foot from […]
Positive China News Lifts AUD
AUDUSD, Daily The December FOMC meeting minutes, were hawkish and supported the dollar. The minutes show policymaker’s aim to reduce inflation towards their 2% target, but are concerned that unreasonable easing in financial conditions, especially if driven by a misperception by the public of the committee’s reaction function, will complicate the committee’s efforts to restore […]