Logo-color Logo-white

The Japanese yen has been relatively quiet for over a week and the trend has continued on Tuesday. In the European session, USD/JPY is trading at 153.79, down 0.25% on the day. BoJ Core CPI dips, services inflation ticks higher Japan release mixed inflation numbers on Tuesday. The Bank of Japan Core CPI, a preferred […]

The post Yen Edges Higher After Mixed Inflation Data appeared first on Action Forex.

previous

EUR/USD Outlook: Bullish Signal Developing on Daily Chart But Needs More Evidence for Confirmation

next

Australian Dollar Under Pressure, CPI Next

Read More

17/07/2024

EUR/USD Rallies Toward Key Confluence Zone Amid Accelerating DXY Selloff

Eurozone inflation remained stable at the end of Q2 2024, with core inflation for services and non-energy goods unchanged at 4.1% and 0.7% respectively. EU services inflation remains persistently high and is unlikely to decrease significantly in the near future. A challenge for the ECB? EUR/USD is approaching a key resistance zone around 1.0950 ahead […]
10/01/2024

Weak JPY Following Disappointing (But Outdated) November Labor Earnings Data

Markets Bond supply stood in the center of attention yesterday. Belgium and Italy kicked off in Europe. Both received bumper investor interest, the former for a new 10-year OLO benchmark and the latter for a 7-year one as well as a tap of an existing 30-year BTP. The US started its monthly refinancing round with […]
26/07/2024

Week Ahead – BoJ, Fed and BoE Meetings: A Hike, a Hold and a Cut?

A trio of central bank decisions coming up from the BoJ, Fed and BoE One might hike, one might stand pat and the other cut rates ECB to also be in focus as Eurozone flash GDP and CPI data are due Week will culminate with crucial US jobs report BoJ expected to taper; will it […]