Japan’s producer prices rose 10.2% y/y in December, which us well above the 9.5% forecast and 9.7% prior. It’s the second highest print since 1980, and just 1 percentage point below the 10.3% print set in September. With consumer prices also trending higher and forecast to rise to 4% on Friday, we should be on […]
The post Japan’s PPI Rips Higher Ahead of This Week’s BOJ Meeting and Inflation Report appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Everyone needs a reliable set of Read more…
Gold’s steep selloff is showing signs of stabilization near 4,500 level after a disorderly decline yesterday, driven largely by liquidity squeeze. While hawkish signals from major central banks this week, including Fed, ECB, BoE and Read more…
Key Highlights USD/JPY started a downside correction below 158.80. It traded below a bullish trend line with support at 158.85 on the 4-hour chart. EUR/USD started a recovery wave and traded above 1.1550. Gold prices Read more…