Japan’s services sector strengthened in August, with PMI Services rising from 51.2 in July to 52.5, marking a third straight month of expansion and strongest growth since March. New orders also accelerated from July’s 25-month low, driven mainly by firmer domestic demand, while employment increased only marginally and at slowest pace in a year. Business […]
The post Japan PMI Growth Accelerates as Record Selling Prices Strengthen BoJ Hike Case appeared first on ActionForex.
The short-term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the June 30 low concluded at $4695.89. This advance has been labeled as wave ((1)). A corrective pullback in wave ((2)) is Read more…
USD/JPY has tumbled from 160.38 through 158, not because of actual intervention but because fear of a repeat is shaping trader psychology near 160 — a fear reinforced by rapidly repricing BoJ tightening expectations, setting Read more…
Key Highlights WTI Crude Oil started a fresh surge above $90.00 and $91.20. A bullish trend line is forming with support at $87.50 on the 4-hour chart of XTI/USD. Gold started a consolidation phase below Read more…