The Japanese yen has posted considerable gains on Friday. In the European session, USD/JPY is trading at 150.53, down 0.33% on the day. Tokyo core inflation accelerates to 2.4%, higher than expected Inflation in Japan’s capital accelerated in February. Tokyo Core CPI, one of the most important inflation indicators, rose to 2.4% y/y, up from […]
The post Tokyo Inflation Rises, Keeping BOJ on Track for Rate Hike appeared first on Action Forex.
Daily Pivots: (S1) 193.17; (P) 194.47; (R1) 195.20; More… Intraday bias in GBP/JPY remains neutral at this point. On the upside, break of 195.95 will extend the rally from 187.04 once again, to 198.94 resistance. Read more…
Daily Pivots: (S1) 161.85; (P) 162.52; (R1) 162.96; More… Intraday bias in EUR/JPY remains neutral for the moment. Further rise is in favor as long as 160.73 support holds. Above 164.16 will resume the rally Read more…
Daily Pivots: (S1) 0.8333; (P) 0.8351; (R1) 0.8387; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, below 08314 will bring deeper fall back to 0.8239 support. However, firm break of Read more…