Logo-color Logo-white

Bullish Corrective Scenario: Buy positions above 143.50 with a take profit (TP) at 144.00 or an extended target at 145.00, from where selling opportunities may resume. Bearish Scenario: Sell positions below 142.89 with a TP at 142.00, 141.74, and an extended target at 141.00. Bearish Pullback Scenario: Sell positions below 144.00 or 145.00 (where a […]

The post USDJPY Driven by Japanese Fundamentals with Target at 142.00 appeared first on Action Forex.

previous

Week Ahead – NFP on Tap Amid Bets of Another Bold Fed Rate Cut

next

Sunset Market Commentary

Read More

08/12/2023

Weekly Focus – Central Bank Bonanza

Yield curves flattened further this week as longer dated yields traded lower on the back of softer US labour market data and not least ECB’s Schnabel’s interview with Reuters where she passed on the opportunity to oppose the recent aggressive market pricing of the ECB. In line with this, the euro has continued to weaken. […]
07/12/2024

Markets Weekly Outlook – Central Bank Focus as US Inflation Looms

US Jobs report all but confirms a December rate cut, with markets pricing in an 80% probability. Nasdaq nears 22,000 as US equities continue their strong performance, with the S&P 500 also hitting record highs. Global markets await US CPI and ECB decisions, with expectations of a 25 bps rate cut from the ECB. Focus […]
11/10/2024

700 Reasons to Expect Higher Real Rates on Average

Now that central banks are cutting rates, the question of where they will stop comes into focus. Real rates have trended down for decades, but a very long-term view supports our thesis that rates will average higher in future than they did pre-pandemic. Most peer central banks are already cutting rates and some are front […]