The GBP/JPY has struggled to find any significant support following the Bank of Japan’s decision to change its yield curve policy, a move which many believe heralds the start of the end of its extra-ordinary loose monetary policy. Meanwhile, the pound has struggled ever since the Bank of England’s rate decision last week was perceived […]
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USD/JPY is holding near 156.83 on Friday. Despite heightened volatility in recent sessions, the yen is set to end the week broadly unchanged. Fears of intervention and Tokyo’s firm rhetoric have failed to support a Read more…
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In focus today The key release today is the US April jobs report. We expect a solid report with NFP growth of 80k and unemployment rate unchanged at 4.3%. High-frequency indicators have generally been strong Read more…