admin – Page 665

USD/JPY IG Client Sentiment: Our data shows traders are now at their least net-long USD/JPY since Oct 03 when USD/JPY traded near 149.10.

October 31, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading …

Central Banks

ECB’s Visco: Inflation falling as expected

October 31, 2023

Need to be cautious in coming months after the many rate hikes Demand seen further contained due to delayed impact of rate hikes Need to …

Technical Analysis

USDCAD Technical Analysis – Time for a deeper pullback

October 31, 2023

USDCAD Fundamental Analysis US The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher, and the Dot …

Technical Analysis

GBPUSD Technical Analysis – The bearish bias is still intact

October 31, 2023

GBPUSD Fundamental Analysis US The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher, and the Dot …

Central Banks

BOJ’s Ueda: Next spring’s wage negotiations will be an important factor

October 31, 2023

Believes that can anticipate a certain level of wage hike next year But difficult to say if can achieve continuous cycle of wage hikes and …

Central Banks

Ueda: Don’t think long-term rates will come under pressure to exceed 1%

October 31, 2023

Today’s steps came partly as a result of rising US long-term rates Strength of inflation, wages still not sufficient Inflation outlook is slightly improved but …

Central Banks

BOJ governor Ueda: Will patiently continue monetary easing with decided new measures

October 31, 2023

Will closely scrutinise economy, price situation by examining wages and prices Main reasons for inflation outlook overshoot compared to July are longer-than-expected effects of price …

Central Banks

Bank of Japan October 31 Statement – full text

October 31, 2023

Full text: Statement on Monetary Policy Also, this added to it: (Reference) Further Increasing the Flexibility in the Conduct of Yield Curve Control (YCC) As …