Markets The Bank of Japan kept its monetary policy unchanged this morning with a -0.1% policy rate and a 10-yr JGB target with a “soft” upper bound of 1%. In its new policy forecasts, the BoJ kept its inflation forecast for the current fiscal year unchanged at 2.8%, while lowering it from 2.8% to 2.4% […]
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USD/CAD rises above downtrend line, key SMAs. But strong resistance and bearish SMA crossover limit upside. Momentum signals stay soft despite holding in bullish territory. USD/CAD is retesting the ceiling of a multi‑week consolidation that Read more…
GBP/USD rose during the previous session and is now correcting to 1.3403. The pound responded positively to the Bank of England’s decision to keep interest rates unchanged, with market attention focused on the regulator’s guidance Read more…