Yen rises broadly in Asian session on rumors that the Japanese government is considering to revive the joint statement with BoJ, which would loosen up the languages on the 2% inflation target, and set the stage for a policy change next year. Yet, any changes is likely only after a change in BoJ governor in […]
The post Yen Rises on BoJ Rumor, Overall Markets Mixed appeared first on Action Forex.
Key Highlights GBP/USD started a fresh increase from the 1.3450 support zone. A rising channel is forming with resistance at 1.3660 on the 4-hour chart. EUR/USD could regain traction if it clears the 1.1750 resistance. Read more…
New Zealand’s labor market showed tentative signs of stabilization in the first quarter, with the unemployment rate unexpectedly falling from 5.4% to 5.3%, below expectations for no change. Employment rose 0.2% qoq, slightly under the Read more…
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