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In focus today The week kicks off with a very light schedule. We receive the Germany Ifo indicator for May at 10.00 CET. The past two months have seen an increase in the assessment of the business situation, and it will be interesting to see if this continued in May. The US is out today […]

The post Quiet Start to a Week Where Inflation Will Be in Focus appeared first on Action Forex.

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02/08/2024

USD/JPY Outlook: Falls Further on Weaker than Expected NFP Numbers

USDJPY fell sharply (down 1% in immediate reaction to US jobs data) after US NFP dipped well below expectations in July (114K vs 176K f/c), while June’s figure was revised down to 179K from initial 206K. Unemployment unexpectedly rose to 4.3% in July from 4.1% June / consensus, while average earnings rose by 0.2% last […]
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USD/JPY Ticks Higher Ahead of BoJ Meeting

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Weekly Focus – Taiwan Election Key for Geopolitical Tensions

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