The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the Bank of Japan (BoJ) will maintain its current interest rate level and continue its pause on monetary policy tightening at this week’s meeting. Recent statements from the BoJ have indicated a need for more evidence […]
The post Japanese Yen Hits Three-Week Low as Bank of Japan Holds Rate Steady appeared first on Action Forex.
EURUSD holds within tight range in near term MACD and RSI were below their mid-levels EURUSD had another pullback off the lower boundary of the short-term trading range within 1.0450–1.0600, but the 20-day simple moving Read more…
The proposed policies of Trumponomics 2.0 may ignite a further uptick in inflationary expectations in the US. Market-transacted inflationary expectations gauge, the 5-year and 10-year US breakeven inflation rates have been trending higher since September Read more…
The British pound has moved higher on Monday, after declining 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. UK Services improves, manufacturing slips The UK Services Read more…