Page 939 – Forex

BOJ is likely to consider raising their consumer inflation projection to around 2.5%

In summary: Bank of Japan officials meeting this week will probably consider a sharp increase to their inflation forecast for this fiscal year, while also …

By admin

July 24, 2023

Central Banks

No chance we’re having a soft landing, most pernicious Fed tightening since Volcker

July 24, 2023

Market Watch interviewed David Rosenberg, who was a former chief North American economist at Merrill Lynch and is now president of Toronto-based Rosenberg Research. His …

Central Banks

BOJ meet this week. MUFG still expect YCC tweak but their confidence ebbing. Yen scenario.

July 24, 2023

The Bank of Japan meet on the 27th and 28th. Goldman Sachs expect a tweak: Goldman Sachs are still expecting thee Bank of Japan will …

Technical Analysis

EURUSD moves to a new session low and looks toward the 50%/100 bar MA on 4H chart

July 24, 2023

The EURUSD is trading to a new set as low as the day comes toward a close. In the process, the price has dipped below …

Technical Analysis

WTI crude oil settles above the 200-day moving average for the first time since August

July 24, 2023

WTI crude oil settled above the 200-day moving average for the first time since August in a rare win for the bulls this year. The …

Technical Analysis

Dow on its way to up day #11

July 24, 2023

The Dow industrial average is up about 220 points or 0.63% at 35447. A gain today would be the 11th consecutive update for the 30 …

Central Banks

Goldman Sachs: We expect BOJ to tweak YCC this week, but see limited JPY rally

July 24, 2023

Goldman Sachs expects the Bank of Japan (BoJ) to make adjustments to the Yield Curve Control (YCC) at their upcoming meeting. However, the bank foresees …

Technical Analysis

USDCAD falls back below the 100/200 hour MAs and that tilts the bias back down

July 24, 2023

The USDCAD traded in a narrow band last week of about 120 pips. The price closed near the highs and above the 30.2% retracement of …

Technical Analysis

AUDUSD trades up and down with a 200 day moving average stalling before today

July 24, 2023

The AUDUSD fell lower in the early Asian session, and in the process tested support targets near the 61.8% retracement of the move up from …

Central Banks

Bank of Canada survey higlights the expected end of rate hikes

July 24, 2023

The Bank of Canada today released its Q2 survey of market participants and this was the most-notable question. It indicated that the BOC’s latest rate …

Technical Analysis

GBPUSD sellers reestablish control after move higher fails

July 24, 2023

The GBPUSD is lower on the day after a move back above the 50% retracement in the European session (at 1.2866). The price has rotated …