Logo-color Logo-white

The Japanese yen is slightly lower in the European session on Tuesday. USD/JPY fell 0.54% after today’s BoJ policy meeting but has pared most of those gains and is trading at 147.82, down 0.18%. Bank of Japan stays pat As expected, the BoJ maintained its policy settings at today’s meeting. In a unanimous decision, the […]

The post Japanese Yen Pares Gains after BOJ Meeting appeared first on Action Forex.

previous

GBPUSD Wave Analysis

next

NZ First Impressions: Consumers Price Index, December Quarter 2023

Read More

29/12/2023

EUR/USD Steady as Spanish CPI Lower than Expected

Spanish CPI lower than expected at 3.1% Chicago PMI expected to decelerate to 51.0 The euro is calm in Friday trade. In the European session, EUR/USD is trading at 1.1053, down 0.08%. Spanish CPI dips to 3.1% Spain released the December inflation report today, with CPI dipping to 3.1% y/y, down from 3.2% in November. […]
21/01/2024

Weekly Economic & Financial Commentary: Consumers Just Keep Humming

Summary United States: Consumers Just Keep Humming As market participants continue to digest last week’s slightly hotter-than-expected consumer price data, activity data released this week show underlying demand was still humming along in the final stretch of 2023. Retail sales surprised to the upside and industrial production rose in December. Next week: GDP (Thu.), New […]
20/12/2023

UK Inflation Falls Faster Than expected

Isn’t it amazing how investors ignore the hawkish Federal Reserve (Fed) comments but fully embrace the dovish commentaries. Fed’s Thomas Barkin’s words that suggested that the Fed could cut rates if recent progress inflation continues sent the Nasdaq 100 to a fresh record for the 3rd consecutive day and the S&P500 to a fresh ytd […]