Markets We’ve grown more used to large bond yield moves over the past few months. But it still feels extraordinary when they appear out of thin air. That’s what happened yesterday during a trading session that hadn’t much to offer in terms of important economic data or other events. Yet core bond yields hit new […]
The post Bank of Japan This Morning Announced an Unscheduled Bond Buying Operation appeared first on Action Forex.
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…
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New Zealand’s trade balance reported a deficit of NZD -257m in February as imports surged far ahead of modest export gains. Goods exports edged up just 0.4% yoy to NZD 6.6B, while imports jumped 12% Read more…