Canadian labour market and international trade reports will be closely watched ahead of the Bank of Canada’s next interest rate decision on Oct. 29 after last month’s cut. The BoC made the move in September following a deterioration in the labour market over the summer, and highlighted the evolution of exports as a key indicator […]
The post Forward Guidance: Labour and Trade Reports Critical for BoC’s Next Rate Decision appeared first on Action Forex.
USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
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The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…