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The Japanese yen continues to rally. USD/JPY is trading at 148.86 in the European session, down 0.31% on the day at the time of writing. On Thursday, the yen strengthened as much as 148.50, its best showing since May 11. Yen continues to pummel US dollar Only three weeks ago, the yen looked dead in […]

The post USD/JPY – Surging Yen Improves to 15-week High appeared first on Action Forex.

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26/04/2024

Worst of Both Worlds: Are the Risks of Stagflation Elevated? Part II

Part II: A Brief Review of Past Episodes of Stagflation Summary In the first installment of this series, we presented a simple framework to characterize stagflation and identified 13 instances in the United States since 1950. Episodes vary in severity, but each posed unique challenges to monetary policymakers. In this second report, we briefly review […]
06/08/2024

Oil (CL) Should Continue Lower to Build an Impulsive Structure

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10/05/2024

British Pound Listless Despite Strong GDP

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