Tag Archives: BoJ

After four days of losses, the USD/JPY pair almost reached 150.00. After the BOJ’s Monetary stance Statement reiterated its ultra-loose stance, USD/JPY gave up earlier gains.US Core PCE declined to 4.1% YoY in June, which fueled a drop in US rates. The USD/JPY pair hit a daily low of 138.05. …

On Friday, as markets processed the Bank of Japan’s decision to alter its ultra-loose monetary policy as well as data showing a continuing reduction in annual US inflation, global shares surged and US Treasury yields decreased.The Bank of Japan modified its yield curve control strategy on Friday by offering to …

USD/JPY bears jumped in on a Nikkei news article ahead of the Bank of Japan’s meeting on Friday that took USD/JPY down from 141.10 to 139.20 low in a flash. The Nikkei reported, ” The Bank of Japan will discuss tweaking its yield curve control policy at a policy board …

The USD/JPY pair has surged due to the Bank of Japan’s dovish stance, breaking away from the 140.00 range during the Asian session. The uptrend could continue based on interest rate differentials, but next week’s Fed and BoJ decisions are expected to impact the market.The pair’s rally was driven by …

As market expectations for future aggressive rate hike from the BoE relatively disappeared post the UK’s dropping inflation, the Pound Sterling kept falling versus the US dollar. The inflated British pound was greatly impacted by the US dollar, which was also participating in an independent surge. As the money markets …

Another platter of worthy reports from significant economies and significant risk occurrences will be presented to investors next week. The European Central Bank’s three-day forum in Sintra, Portugal, which begins on Monday, will likely be the primary attraction. The forum will convene amid global sentiment that is still shaky as …

Mohammad Hashad, Director of the Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, commented on the developments of the global financial markets, especially the interest rate hike in the UK that exceeded expectations, as now experts began to expect that there is …

The USD/JPY pair has declined below the 141.50 zone, hitting a daily low of 141.28. Stealth intervention by the BoJ gives the Japanese yen considerable traction. The pair is trading at 141.27 at the time of writing. Cautious market mood amid PBoC rate cut is expected to limit the Yen …

The USD/JPY pair trades stable in the 141.80 area after hitting its highest point since November 2022. US Stock and bond markets are closed on Juneteenth celebrations.US economic data and Chair Powell’s statement on Wednesday will be watched closely. After reaching a multi-month high on Friday, the USD/JPY modestly dropped …

The yen fell after the Bank of Japan on Friday kept interest rates ultra-low and predicted inflation would slow later this year, reiterating its monetary easing stance that runs counter to the tightening policies of other central banks around the world. As widely expected, the BoJ kept the short-term interest …