At the start of last week, forex traders were expecting to ease into the holidays with relatively low volatility trade until BOJ Governor Kuroda fired off a “bazooka” of a monetary policy decision, tweaking the central bank’s yield curve control (YCC) program and effectively raising interest rates by 25bps. This marked a potential “sea change” […]
The post USD/JPY: Christmas Week Recovery Rally May Soon Stall Out appeared first on Action Forex.
Key Highlights EUR/USD stayed above 1.1675 and might attempt another increase. A bullish trend line is forming with support at 1.1750 on the 4-hour chart. GBP/USD seems to be consolidating gains above 1.3520. Bitcoin remains Read more…
China’s inflation data surprised to the upside in April, with both consumer and producer prices accelerating more than expected. CPI rose from 1.0% yoy to 1.2% yoy, beating forecasts of 0.9% yoy, while PPI surged Read more…
Retirement plan coverage in the United States has lagged for years, despite repeated federal efforts to expand it. Small business owners and self-employed Americans remain among the least covered, with many operating without any 401(k) Read more…