Amidst a very busy week, the BoJ holds its sixth rate-setting meeting Market is not expecting fireworks; there is increasing commentary about negative rates The decision will come on Friday 03.00 GMT, press conference shortly afterwards The week is expected to close on a high note The Bank of Japan is holding its sixth meeting […]
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Daily Pivots: (S1) 159.12; (P) 159.39; (R1) 159.68; More… USD/JPY weakens slightly today but overall outlook is unchanged. Consolidations from 160.45 is still extending and intraday bias remains neutral. Further rise is expected with 157.49 Read more…
Yen strengthened broadly after the Bank of Japan’s hawkish hold, but gains are likely to be short-lived as markets question how far tightening can go. While the shift reinforces expectations for a near-term rate hike, Read more…
IonQ Inc. (IONQ) has seen its stock climb 60% in the past month, which is forcing investors to take a closer look at what is actually driving the move. Wedbush Securities is leaning into the Read more…