BoJ board member Asahi Noguchi emphasized the importance of a “measured, step-by-step” pace in raising interest rates, stressing the need to carefully assess the economic impact of each hike before proceeding further. Noguchi also addressed the upcoming interim review of BoJ’s bond tapering strategy, indicating that he sees no need for any major adjustments to […]
The post BoJ’s Noguchi: Must tread carefully with step-by-step policy normalization appeared first on Action Forex.
Daily Pivots: (S1) 192.34; (P) 193.03; (R1) 193.49; More… Intraday bias in GBP/JPY stays neutral. While deeper pullback might be seen, further rally is expected as long as 190.22 structural support holds. On the upside, Read more…
Daily Pivots: (S1) 162.50; (P) 162.90; (R1) 163.19; More… Intraday bias in EUR/JPY remains neutral for the moment, and more consolidations could be seen. Further rally is in favor as long as 161.57 support holds. Read more…
Daily Pivots: (S1) 0.8425; (P) 0.8442; (R1) 0.8462; More… Intraday bias in EUR/GBP remains neutral and more consolidations could be seen above 0.8392 temporary low. Further decline remains in favor as long as 0.8539 resistance Read more…