Tag Archives: BoJ

The EUR/JPY pair is trading around 156.60, or its lowest point since early August. Governor Ueda said that a shift in course might happen before the year is over. The ECB’s decision to hike rates on Thursday is still up for debate in the markets.On Monday, the EUR/JPY varied between …

The USD/JPY pair surges by 0.30%, moving closer to 147.70. In order to prevent the BoJ from being pressured to change course, the USD is declining and the DXY Index is consolidating after rising to a multi-month high of 105.15 after Japan released weak GDP and earnings data.After Japan released …

Despite solid US data, the USD/JPY pair is currently down 0.35% at 145.70; DXY is up 0.51% to 103.718 but is unable to support USD/JPY. Retail sales in Japan increased by 6.8% YoY, exceeding expectations, but a disappointing 2.4% decline in industrial production adds to the BoJ’s policy dilemma.After hitting …

Following the FOMC minutes, the USD/JPY is getting close to being overbought. The USD/JPY pair is currently trading at 146.32, not far from 146.30. The pair has gained more than 0.5% so far today. The minutes of the July FOMC Meeting show that US monetary policymakers want to leave the …

The pound was set to post its biggest one-day gain in nearly two weeks on Wednesday after data showed Britain’s core inflation remained high in July, while the yuan fell to a nine-month low as concerns mounted of a further slowdown in growth. The pound sterling rose in the latest …

After falling to the 145.10 low, the USD/JPY pair is neutrally trading around 145.65 at the time of writing. Strong US retail sales led markets to expect a Fed rate move in November. BoJ’s divergent monetary policies are hurting the yen, which is unable to gain from strong GDP figures.The …

For the sixth day in a row, the USD/JPY pair has been trading in the green near the 145.00 level. Due to stronger-than-expected US PPI data from July and investor expectations for the Bank of Japan (BoJ) to adopt a more dovish attitude, the dollar is appreciating and the Yen …

In Q2, productivity growth rebounded sharply, outpacing predictions and increasing at a rate of 3.7%. The increase in output per hour worked over the past year has increased by 1.3%, the first positive yearly improvement since late 2021. Productivity is on the rise, and nominal pay growth is moderating, both …

The USD/JPY pair advances for a third day in a row, gaining 0.70% and moving up towards the 143.53 region, as at the time of writing. Although it accelerated in July, the ISM Manufacturing PMI fell short of expectations. Additionally, JOLTs statistics fall short of predictions.Prior to important labour market …

Crude oil prices surged for the third consecutive day and for the seventh time out of the last eight days. WTI got closer to $82.00 per barrel and posted its highest close since mid-April.The US Dollar posted mixed results on Monday, rising versus the Euro, the Pound, and the Yen …