Traders will be eager to see if the Fed follows in the footsteps of the ECB by emphasizing the inflationary risks of the conflict in Ukraine over the deleterious impact on economic growth It’s no secret that USD/JPY has been trending consistently higher for nearly six months now, but some traders have been caught off […]
The post USD/JPY Rockets to 5-Year Highs with Dueling Central Bank Meetings on Tap appeared first on Action Forex.
New Zealand’s services sector slipped back into contraction in February. BusinessNZ Performance of Services Index fell from 50.7 to 48.0, well below the survey’s long-term average of 52.8. The sector’s return to expansion proved short-lived, Read more…
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The coming week represents a rare convergence of global monetary policy decisions, with seven major central banks meeting within days of each other. The Reserve Bank of Australia, Bank of Canada, Federal Reserve, Bank of Read more…