Page 855 – Forex

USDJPY Technical Analysis – The sellers are looking at these levels

The Fed hiked interest rates by 25 bps as expected leaving the policy statement unchanged. Tha market was more focused on hints and clues on …

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July 28, 2023

Central Banks

BOJ’s Ueda: We aim to rely on markets to determine long-term rates but there are limits

July 28, 2023

The 0.50% to 1.00% frame is to respond to future risks Now, we have added room to deal with upward moves in interest rates Policy …

Technical Analysis

AUDUSD Technical Analysis – The bearish bias remains intact

July 28, 2023

The AUDUSD resumes its fall as the US data remains hot. The Fed raised rates by 25 bps as expected and kept the policy statement …

Central Banks

BOJ’s Ueda: Not expecting long-term yields to rise to 1%

July 28, 2023

Will respond to speed and level of long-term rates if they move beyond 0.50% There is still a distance to achieving 2% inflation target As …

Central Banks

BOJ governor Ueda: Need to patiently continue monetary easing to support the economy

July 28, 2023

The uncertainty remains very high on the economy, prices Will not hesitate to ease policy further if needed Decision today is aimed at making YCC …

Technical Analysis

USDCAD Technical Analysis – Watch this support level for the next move

July 28, 2023

The Fed hiked interest rates by 25 bps as expected while keeping the policy statement basically unchanged. The market was more focused on the Powell’s …

Market Outlook

US Dollar in the Crosshairs as BoJ Tilts Post ECB and Fed Decisions. Lower USD/JPY?

July 28, 2023

The US Dollar ascendency got back on track after a tumultuous few trading sessions that has seen most of the major global central banks have …

Central Banks

Bank of Japan offers to buy up to 750bn yen of 3-5 year JGBs, up from 725bn

July 28, 2023

Reuters reporting that: Bank of Japan widens range of 3-5 year bond buying, offering to buy as much as 750 bln yen each time, up …

Central Banks

BOJ announce no change to yield curve control (YCC) and no monetary policy change

July 28, 2023

Bank of Japan monetary policy decision and statement – says will manage YCC more flexibly but maintains 0.5% band. Maintains short-term interest rate target at …

Central Banks

Reminder, the longer we wait for the BOJ statement the more likely there’s been a tweak

July 28, 2023

You most likely already know that the Bank of Japan statement is not set for a specific time. Based on experience its reasonable to expect …

Central Banks

Japan’s fin min Suzuki says he won’t comment on the BOJ policy decision

July 28, 2023

Japan’s Finance Minister Suzuki: will not comment on the BOJ policy decision expects the BoJ will conduct policy appropriately says he is closely watching the …