USD/JPY Outlook: Yen Firm Despite Downbeat Tokyo CPI
Core inflation in Tokyo decelerated in November. Market participants anticipate the gradual phasing out of the BOJ’s extensive stimulus. The...
Read moreCore inflation in Tokyo decelerated in November. Market participants anticipate the gradual phasing out of the BOJ’s extensive stimulus. The...
Read moreThe bias is bearish as long as it stays below the median line. Friday’s low stands as a downside target....
Read moreUS economic data supported the view that the Fed would soon start cutting rates. Canada reported a higher-than-expected employment growth....
Read moreAustralia witnessed a greater-than-expected easing of inflation in October. The dollar was weak as data supported expectations for Fed rate...
Read moreInvestors awaited a crucial US employment report later in the week. Data revealed that Canada added more jobs than anticipated...
Read morePowell affirmed that US monetary policy was slowing the economy as anticipated. There is a 60% likelihood of a Fed...
Read moreThe current sideways movement is seen as a bullish formation. The upper median line (uml) stands as an important upside...
Read moreData revealed moderate growth in US consumer spending for October. Investors are awaiting comments from Fed Chair Jerome Powell later...
Read moreUS consumer spending moderately increased in October. The US PCE price index in October showed a slower 3% rise from...
Read moreThe dollar rebounded from a three-month low. Data indicating faster-than-expected growth in the US economy. The BoC revealed skepticism about...
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