Last week, Yen pairs were in focus as the BoJ surprised some market participants, leaving Monetary Policy unchanged. Meanwhile, Japan’s CPI rose to 4% YoY. Watch for continued volatility in JPY pairs this week as the BoJ Minutes and the Summary of Opinions will be released. The Bank of Canada will be in the spotlight […]
The post Week Ahead: Continued BoJ Fallout, BoC, GDP, Inflation Data, and More Earnings appeared first on Action Forex.
Markets Markets are in some kind of wait-and-see stance today after the energy-repositioning of the previous two weeks. Bond yields drop a few bps. The dollar eases off recent top levels and equities avoid a Read more…
Markets are pricing in a 68% probability for a 25-basis-point (bps) rate hike, lifting the cash rate to 4.1%. The board needs to move policy past the current “neutral” rate (where interest rate ≈ inflation) Read more…
Do you know how many times over the last year you visited a grocery store? I don’t either, but it feels like nearly every day, I need to drop by just to get that one Read more…