Japanese Yen is having notable bounce following emerging reports that BoJ is considering another adjustment to its monetary policy. This potential shift, which may allow 10-year yields to rise above the 1% mark. n official announcement from the central bank is anticipated in the forthcoming Asian trading session. A report from Nikkei, citing an anonymous […]
The post Yen strengthens on rumors of BoJ lifting 10-year yield cap above 1% appeared first on Action Forex.
EUR/USD stayed in range below 1.1848 last week and outlook is unchanged. Initial bias remains neutral, and further rise is expected with 1.1642 support intact. On the upside, firm break of 1.1848 will target 1.2081 Read more…
USD/JPY dipped to 155.01 last week but recovered since then. Initial bias stays neutral this week first. On the downside, break of 155.01 will resume the fall from 160.71 to 152.25 support next. On the Read more…
GBP/USD stayed in range trading below 1.3657 last week and outlook is unchanged. Initial bias remains neutral for consolidations, and further rise is expected with 1.3453 support intact. On the upside, break of 1.3657 will Read more…