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Key Highlights USD/JPY started a decent upward move above 157.20. A key rising channel is forming with support at 157.65 on the 4-hour chart. EUR/USD could extend losses if it settles below 1.1650. GBP/USD corrected Read more…
Japan’s wholesale inflation accelerated sharply in April, adding to expectations that the Bank of Japan could move toward another rate hike as early as June. The Corporate Goods Price Index rose 4.9% yoy, accelerating from Read more…
New Zealand’s manufacturing sector lost significant momentum in April, with the BusinessNZ Performance of Manufacturing Index falling from 52.8 to 50.5, only marginally above the breakeven 50 level that separates expansion from contraction. The details Read more…