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USDJPY has been in a roller coaster in the last few weeks due to the Bank of Japan (BOJ) Intervention. In this article, we will look at the short term Elliott Wave path for the currency post the intervention. We are calling the structure of the rally from 12.28.2023 low as a 5 waves Elliott […]

The post Elliott Wave Analysis on USDJPY Recovery Post BOJ Intervention appeared first on Action Forex.

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24/01/2024

NZ First Impressions: Consumers Price Index, December Quarter 2023

Consumer prices rose by 0.5% in the December quarter, leaving them up 4.7% over the past year. The December result was in line with our forecast, but below the RBNZ’s expectation. Consumers Price Index, December quarter 2023 Quarterly change: +0.5% Westpac forecast: +0.5%, RBNZ (Nov MPS): +0.8% Market median: +0.5%, range +0.3% to. +0.8% Annual […]
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US: Core Inflation Inches Down to 3.9% in December 

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