Logo-color Logo-white

BoJ may leave rates unchanged in December’s meeting Next rate hike may not come until March Policy decision is due on Thursday at 03:00 GMT Yen weakness continues Market consensus overwhelmingly for steady rates The Bank of Japan (BOJ) is anticipated to keep its interest rate steady at 0.25% during its upcoming two-day meeting on December 18-19, the last one […]

The post BoJ to Hold Rates Amid Uncertainty About Policy Path appeared first on Action Forex.

previous

Canadian Inflation Cools Slightly in November

next

We May See Kneejerk Downleg in US (front-end) Yields and Dollar After Dot Plot Release

Read More

19/06/2024

AUDCAD Bulls Stay in the Driver’s Seat

AUDCAD rebounds and breaks above 0.9125 Overall, it remains above a prior upside channel The advance may continue towards the 0.9230 zone A dip below 0.9000 could signal a bearish correction AUDCAD rebounded strongly on Tuesday, extending its recovery above the key resistance zone of 0.9125. Overall, the pair is trading above the upper bound of […]
01/12/2023

Top Three Trade Ideas for December 2023

Hey folks, it’s a wrap to yet another month in the 2023 calendar, and I’m guessing you know what that means – time for another episode in the “What To Trade” series. For December, I will be mapping out trade more cautiously as the market volatility often drops massively, causing the markets to slow down […]
06/09/2024

USD/JPY – Yen Extends Rally Ahead of US Jobs Data

The Japanese yen has posted strong gains on Friday. In the European session, USD/JPY is trading at 142.76 at the time of writing, down 0.47% on the day. The yen is on a tear and is up 2.3% against the greenback this week. Japan’s household spending misses expectations Japan’s economy is showing signs of recovery […]